10 Common Misconceptions Nonprofits Have About Bitcoin Fundraising
Nonprofit Tech for Good
FEBRUARY 6, 2020
Almost 60,000,000 people use Bitcoin and other cryptocurrencies globally. This year the IRS will be asking all taxpayers if they have transacted in “virtual currencies” on their 1040 tax return – further incentivizing potential donors to support their favorite nonprofit to offset their gains. Bitcoin is backed by math and code.
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