of it based on your contribution. Which utilizes a lot of computational power. Coinbase and, bitPay ). . You shouldnt spend lots of time thinking about Bitcoin, and deciding whether or not to accept it shouldnt take up a considerable amount of your time or energy. For mining, run software, get your wallet ready and be the first to solve a cryptographic problem and you get your reward after the new blocks have been added to the blockchain. If you have a donor base that is very tech-savvy, then it would likely help you to accept Bitcoin, as it will appeal to your targeted demographic. If you have a tech-savvy donor base, you can also consider sending out a blast e-mail to your list letting them know that you now accept Bitcoin donations for your non-profit. An increasing number of people and businesses are using Bitcoins (see the story, here, about a car dealer in San Francisco that recently started accepting Bitcoin for payment). I already accept donations in US or foreign currency. . Well, consider the following: As of the time of this article, each Bitcoin is worth in excess of 500 US (see the current exchange rates here there are currently over 12 million Bitcoins in circulation (see the current figures here ).
Bitcoin is widely being used for investment either by itself or anything associated with. Bitcoin, magazine, mar 28, bitcoin, cryptocurrency gift card provider Bitrefill has added a service allowing users to book Airbnb rentals with bitcoin, ether and more. How Do We Get Started Accepting Bitcoin Donations? Right now, accepting or not-accepting Bitcoin donations is not likely to be a make-or-break decision for you. . From the statistics presented above, it that bitcoin is one investment, you will never regret embarking. This content and any information contained therein, does not constitute a recommendation by Coinbase to buy, sell or hold any security, bitcoin graphic financial product or instrument referenced in the content. Its been all over the news lately, and many non-profits have been asking whether or not they should accept Bitcoin for donations. . Bitcoin is a little like gold. .