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Author Topic: [04-16-2015] Various US Charities Pushing For Bitcoin Donations  (Read 355 times)
waawd_1
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April 16, 2015, 09:02:46 PM
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http://themerkle.com/news/various-us-charities-pushing-for-bitcoin-donations/

U.S.  Charities are becoming increasingly aware of the advantages of Bitcoin it seems as many more have started accepting Bitcoin. Even though Bitcoin is at a low point in its recent history it seems many charities are looking into new technology. Many charities such as Save the Children and the American Red Cross have explored into Bitcoin along with services which means Bitcoins has become a regular currency.


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Chef Ramsay
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April 16, 2015, 11:32:31 PM
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Well, pound for pound more people that hold or will hold bitcoin will more than likely be more well off than any other genre of people so it only makes sense to accept it for donations over and above the ease and utility of accepting it.
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April 17, 2015, 07:22:03 AM
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This will also attract the scammers, who would try and pose as a charity organization, to get in on the Bitcoin action. You have to make 100% sure you are dealing with a verified charity, before you proceed with payment.

You will also have to look out for 3rd party entities, who would claim that they are accepting donations on behalf of these charities. {They would most probably accept it, and charge a fee for their service, if they acctually do pay it to these charities}

We like to help others, but we must make sure that our help are going to the correct people or animals.  Grin Grin

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