Cryptocurrency Archive

10 Common Misconceptions Nonprofits Have About Bitcoin Fundraising

February 6, 2020
By Alex Wilson and Pat Duffy, co-founders of The Giving Block Nonprofits have been accepting cryptocurrency donations for over a decade. The recent spike in cryptocurrency fundraising was sparked by IRS guidance which provided clarity and ignited the trend. Over the last couple of years, we’ve spent hundreds of hours talking

5 Reasons Why Nonprofits Love Cryptocurrency

August 22, 2019
By Alex Wilson and Pat Duffy, co-founders of The Giving Block Thanks to the increase in the price of Bitcoin and other cryptocurrencies, nonprofits are increasingly turning to cryptocurrency as a new source of revenue. Beyond the revenue potential, some nonprofits are taking things a step further by looking

Blockchain Technology: What Is It and How Is It Relevant for Nonprofits?

May 30, 2019
By Paul Lamb, Principal at Man On A Mission Consulting, has over 25 years of experience in business, nonprofit management, technology, and public policy. We’ve all heard about blockchain, or at least its most famous application – bitcoin. But what exactly is blockchain it and how is

Bitcoin for Nonprofits: Cryptocurrency Fundraising for the Future

April 25, 2019
By Alex Wilson, Director of BlockShop DC and founding partner of The Giving Block Let’s start with the basics. Bitcoin was launched on January 3, 2009, in the midst of the financial crisis and bank bailouts. Why does that matter? Bitcoin is a digital cash with no middle-men, no