GIVING A BIT(COIN) - CRYPTOCURRENCY AND PHILANTHROPY

New online currencies such as Bitcoin could be the answer to charities becoming more transparent over how they spend donations.

This discussion paper looks at some of the implications for the future of philanthropy and charitable giving of new models of online 'cryptocurrencies', such as Bitcoin. It highlights some of the challenges and opportunities, and raises a series of key questions that need to be addressed if the potential of 'crypto-philanthropy' is to be realised.

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IN THIS PAPER

  • What is Bitcoin?
  • The current state of crypto-philanthropy
  • Potential opportunities for crypto-philanthropy
  • Challenges presented by crypto-philanthropy
  • Conclusions and questions for charity

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