Tech Talk: Bitcoin and nonprofits
The use of cryptocurrencies, especially bitcoin, for real estate is a relatively new but growing phenomenon currently focused on luxury homes and condos. (MONTCO.Today file photo.)
Adopting bitcoin can broaden the ways a nonprofit receives donations.
The biggest incentive for most nonprofits to accept bitcoin is that most major payment processors, like Coinbase, don’t charge any processing fees for donations to 501(c)(3) nonprofits and charities, write Stephen Jackson and Wes Holing at blog.techsoup.org.
[uam_ad id=”54865″]
In addition, bitcoin’s relatively instant transfers can make an immediate difference in funding the efforts of nonprofits with very time-sensitive missions, such as disaster relief.
To read the full story, click here.
[uam_ad id=”54875″]
Stay Connected, Stay Informed
Subscribe for great stories in your community!
"*" indicates required fields
