Donate bitcoins

For United States tax residents, the IRS classifies cryptocurrencies as property, so cryptocurrency donations to 501(c)3 charities receive the same tax treatment as stocks. Donating cryptocurrency is a non-taxable event, meaning you do not owe capital gains tax on the appreciated amount and can deduct it on your taxes. This makes Bitcoin and other cryptocurrency donations one of the most tax-efficient ways to support your favourite cause. You can donate Bitcoin, Ethereum, DOGE, Litecoin, and more. Please contact your tax or financial advisor for more information. Which cryptocurrencies does Fred Hutch accept? Carshare: Short-term car rentalBikeshare: Short-term bike rentalRideshare: Originally meant carpool, vanpool, and transit... perverted to now mean "taxi" which is exactly the opposite of the intent of the wordHomestay: HotelDemocratized Investing: Attracting dumber and dumber people to give us their money now and be too late to withdraw funds when everything hits the fan

Any point is debatable, but BTC uses a lot of power that power could be used for other purposes, as long as its profitable miners will mine. You could also argue that for any large scale electricity usage, Electric Cars are charged at night so they use excess energy but in the end the electrical capacity has to be increased or not decreased by shutting down more polluting sources. Acquire New Donors GiveDirectly delivers donations directly to people living in extreme poverty across Africa through mobile money. Here’s how it works.