What comes to your mind when you hear the word “cryptocurrency”? I know that, for me, that word meant little more than intangible money, but after getting to know more about it, I can tell you that cryptocurrency concerns us philanthropists, and that it is already shifting the game in our community. The world and the way people are handling their money are changing. Most importantly, the way they donate to charity is changing too.
Although Bitcoin and other cryptocurrencies have been around for a while now, it’s only recent that nonprofits have really acknowledged their existence almost by necessity. At the beginning of 2021, the cryptocurrency market hit an all-time high exceeding $1 trillion for the first time according to the World Economic Forum. This community of users is not only growing incredibly fast, but it is also beginning to shift its attention towards charity-giving.
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