HomeCryptoUsing Bitcoin To Power Philanthropy

Using Bitcoin To Power Philanthropy

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.

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