Using Bitcoin To Power Philanthropy – Bitcoin Magazine

This is an opinion editorial by Renata Rodrigues, global community and education lead at Paxful.

Social Change Powered By Bitcoin: Part Two

Bitcoin has true potential as a vehicle for social change.

For philanthropies, bitcoin adds in a layer of accountability that fiat donations are unable to replicate. For nonprofits, this makes tracking donations easier and gives people unprecedented visibility on how their donations are used. Using bitcoin for philanthropy brings in other benefits. Sending money using Bitcoin involves minimal costs and is much more efficient than the majority of traditional services.

In this two-part series on bitcoin and social good, I will highlight how nonprofits are using bitcoin to impact communities around the world. First, we covered Raúl Yazdani and Agua x Vida.

Next up, we will take a look at Yusuf Nessary and the Built With Bitcoin Foundation. To date, the nonprofit has built and repaired ten schools, seven solar projects and over a dozen water and farming systems across the globe. Beyond the projects themselves, Nessary also hopes that Bitcoin can restore hope within these communities.

Bitcoinforthe100 is a collection of stories and use cases that prove that Bitcoin is truly for the 100%. Below is one voice that is embracing Bitcoin for social good.

This news is republished from another source. You can check the original article here

Be the first to comment

Leave a Reply

Your email address will not be published.