If you're managing a website that accepts donations, it's a good idea to
accept bitcoin donations with your other regular currencies.
They began accepting bitcoin in late 2015, and recently reported receiving $ 7 million USD
in bitcoin donations last year.
They've already received about $ 25 worth
of bitcoin donations after its star athlete won a silver medal last week.
While bitcoin donations are more cost efficient for the charitable institutions as they receive almost the entire amount without any deductions in the form of transaction or processing fees.
However, due to regulatory issues and lack of knowledge about bitcoin has prevented many non-profits from implementation of
bitcoin donation option.
ICF Church, an evangelical church in Zurich, Switzerland, is set to begin accepting
Bitcoin donations from its parishioners.
Also read: Less Taxes and More
Bitcoin Donations with the BitGive Foundation and LibraTax Founded in 2013 by Connie Gallippi BitGive was one of the first nonprofit charities representing the grassroots Bitcoin community.
Bitonic provides not - for - profit organisations with a method for accepting
bitcoin donations free of charge.
If you are running an NGO or raising funds for a good cause, you should consider tapping into the philanthropic side of the bitcoin community and start to accept
bitcoin donations online.
The Dogecoin community is known for its philanthropic campaigns; some of the world's largest charities have started accepting
Bitcoin donations as well.
Canadian startup Coinkite, a Bitcoin banking service, is also
collecting Bitcoin donations for the Canadian Red Cross for Philippine typhoon victims.
The Internet Archive has supported
bitcoin donations since 2012, noting in a previous post that they have allowed employees to be paid in the cryptocurrency since 2013.
Companies like BitGive even specialize in
nonprofit bitcoin donations, using blockchain to track how contributions are spent in real time.
Wales said that he would donate all of that to Wikipedia, thereby, making it the
first bitcoin donation to the site.
«We were particularly excited to enable the Wikimedia Foundation to accept
bitcoin donations because we feel that the decentralized, inclusive nature of Wikipedia is well aligned with bitcoin and we wanted to help the bitcoin community contribute to the democratization of information.»
Members of the Finnish Pirate Party raised a record sum of $ 15,000 in
bitcoin donations before elections to the national parliament.
That test saw the newspaper receive more than 700
bitcoin donations over a 24 - hour trial period in support of the non-profit Taproot foundation, which offers pro-bono service work to organisations tackling social problems.
Phil Anderson, who is the Wisconsin Libertarian Party Chairman and also a candidate for governor, approached the commission on Tuesday to
approve Bitcoin donations.
Our free payment processing and donation tools are empowering groups as diverse as ChildFund, Save the Children, American Red Cross, Greenpeace USA and Literacy Bridge to
use bitcoin donations and create unique solutions to problems ranging from illiteracy to disease.
In addition to the many online merchants who accept bitcoin for e-commerce payments, there are also many nonprofits that accept
bitcoin donations including:
Barr is running for Congress in the 11th Congressional District of Georgia and is already accepting
bitcoin donations via BitPay on his campaign website.
So far, nonprofits accepting
Bitcoin donations report seeing contributions from early adopters whose initial investments in the currency skyrocketed in value, to the particular benefit of charities that appeal to Bitcoin's technolibertarian roots.
Wikipedia's parent company, the Wikimedia Foundation, now accepts
bitcoin donations thanks to a partnership with payment processor Coinbase.
The Wikimedia Foundation, the non-profit that operates Wikipedia, has reported $ 140k in first -
week bitcoin donations.
He recently received almost 2 million dollars in
Bitcoin donations due to the gratitude felt by many in the BTC community.
The
global bitcoin donation marathone organized by BitFury Group and Georgian Co-Investment Fund is finished, says the BitFury press release.
There are also several other charities and good causes that accept
bitcoin donations such as The Human Rights Foundation and the Electronic Frontier Foundation (EFF).
After placing the QR code on the target web page, potential donors can start
sending bitcoin donations to your wallet and you will be able to raise more funds for your cause.
Wikileaks Donation — after being financially blockaded by Western governments, Wikileaks began accepting
bitcoin donations at this address, highlighting bitcoin's ability to hurdle the ban on bank transfers, VISA, Paypal and Western Union to transfer funds.
Many webmasters prefer making the facility for accepting
bitcoin donations available because it's a secure, decentralised cryptocurrency that is truly gaining momentum as people learn more about it.