Why don't more charities accept #bitcoin ?
About 1,5 months ago I realized most charities don't accept bitcoin. Why is that? Shouldn't this be something they could do with little effort with the possibility of getting more funds for their operations?
I got the tip the British Red Cross accepts bitcoin and other crypto. I made a donation that same day. Worth noting, The Red Cross in the country I live in doesn't accept crypto so I guess it's up to each country office.
In any case, I decided to write an email to two charities I've donated fiat to before.
First one is a national one with a couple of hundred people working for them. They have dedicated people doing the finances, IT and so forth. They are known by more or less everyone.
Second one is a local one in my city, I'm guessing about 10 people run the whole operation. Not very known even in my city.
I sent both of them the same email. It was professionally written signed with my real name.
I asked them how come they don't accept bitcoin for donations. If it was a policy or if it was due to them not having enough time and resources to implement such a solution? If time and resources was a factor, would they accept help pro bono implementing it?
I was thinking they could use BitPay, or something similar, since they probably won't get an actual bitcoin wallet and learn all ins and outs of self custody. I could help them implement it.
The national one answered after about a month:
* They haven't thought about this before. I'm the first one who have asked
* They asked if I could donate the bitcoin to a regular brokerage account
* Sent me their document on donations where it says stocks, land and other assets are OK to donate but will be sold for fiat money when received. It also included some environment policies.
* Need to check with their finance and legal people
* Didn't answer or comment on the offer to help them implement Bitpay
* I wrote a reply where I expanded on how they could accept bitcoin and how this could lead to more donations
* Haven't received any reply after the above one
The local charity answered after 6 weeks and one reminder:
* Politely turned down the offer for a bitcoin donation due to them not having resources to handle it
* Didn't answer or comment on the offer to help them implement Bitpay
Unfortunately this is the current state of affairs. I don't think these two examples are unique in any way. I did a similar thing some months ago where I mailed a political party about #bitcoin.
https://primal.net/e/note1n4dc04t6zjcwckzg7q5kgpa6mmjec0lqs3t9tnmd8347f8dz8qrqe5zg4r
As a bitcoiner I think it's good to keep asking these questions now and then even if the answers are more or less known beforehand.
One day they'll come around, I'm sure of it!
anubisSonOfRa
npub1rl…84wn4
2024-09-17 19:01:52
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wss://relay.momostr.pinkPublished at
2024-09-17 19:01:52Event JSON
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"content": "Why don't more charities accept #bitcoin ?\n\nAbout 1,5 months ago I realized most charities don't accept bitcoin. Why is that? Shouldn't this be something they could do with little effort with the possibility of getting more funds for their operations?\n\nI got the tip the British Red Cross accepts bitcoin and other crypto. I made a donation that same day. Worth noting, The Red Cross in the country I live in doesn't accept crypto so I guess it's up to each country office.\n\nIn any case, I decided to write an email to two charities I've donated fiat to before.\n\nFirst one is a national one with a couple of hundred people working for them. They have dedicated people doing the finances, IT and so forth. They are known by more or less everyone.\n\nSecond one is a local one in my city, I'm guessing about 10 people run the whole operation. Not very known even in my city.\n\nI sent both of them the same email. It was professionally written signed with my real name.\n\nI asked them how come they don't accept bitcoin for donations. If it was a policy or if it was due to them not having enough time and resources to implement such a solution? If time and resources was a factor, would they accept help pro bono implementing it?\n\nI was thinking they could use BitPay, or something similar, since they probably won't get an actual bitcoin wallet and learn all ins and outs of self custody. I could help them implement it.\n\nThe national one answered after about a month:\n\n* They haven't thought about this before. I'm the first one who have asked\n* They asked if I could donate the bitcoin to a regular brokerage account\n* Sent me their document on donations where it says stocks, land and other assets are OK to donate but will be sold for fiat money when received. It also included some environment policies.\n* Need to check with their finance and legal people\n* Didn't answer or comment on the offer to help them implement Bitpay\n* I wrote a reply where I expanded on how they could accept bitcoin and how this could lead to more donations\n* Haven't received any reply after the above one\n\nThe local charity answered after 6 weeks and one reminder:\n\n* Politely turned down the offer for a bitcoin donation due to them not having resources to handle it\n* Didn't answer or comment on the offer to help them implement Bitpay\n\nUnfortunately this is the current state of affairs. I don't think these two examples are unique in any way. I did a similar thing some months ago where I mailed a political party about #bitcoin. \n\nhttps://primal.net/e/note1n4dc04t6zjcwckzg7q5kgpa6mmjec0lqs3t9tnmd8347f8dz8qrqe5zg4r\n\nAs a bitcoiner I think it's good to keep asking these questions now and then even if the answers are more or less known beforehand. \n\nOne day they'll come around, I'm sure of it!",
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