Categories: Bitcoin Entertainment

American Red Cross to Accept Bitcoin Donations

Click here to view original web page at newsbtc.com

One of the many measures of bitcoin’s health over the past eighteen months has been just how many non-profit organizations accept donations of the digital currency.

To date, there’s been quite a few. And this week, we’ve learned that yet another major humanitarian organization is embracing bitcoin to support their mission.

They’re the American Red Cross, and Atlanta-based BitPay is giving them a helping hand by hosting a bitcoin donation page, in addition to processing all donations without fees (BitPay’s services are free for non-profits).

“Introducing the American Red Cross to the bitcoin community is really going to showcase the generosity of this new group of consumers,” said BitPay’s nonprofit outreach coordinator Elizabeth Ploshay. “Bitcoin users are extremely passionate people who are looking to put their bitcoin towards good causes. I’m sure the community will be excited to have such an established charity to donate to.”

The American Red Cross already accepts a number of payment types, and by expanding to allow bitcoin donations, you could say they’re opening their doors to a whole new revenue stream.

“The Red Cross is thrilled to partner with BitPay to offer a different way for generous donors to support our humanitarian mission,” adds Jennifer Niyangoda, who works as the executive director of Corporate and Foundation Programs at American Red Cross. “This gives a new generation of supporters the opportunity to help people in need.”

BitPay notes that the American Red Cross will be taking part in tomorrow’s Bitcoin Black Friday event and Bitcoin Giving Tuesday by means of being listed as a place for bitcoiners to spend their bits.

To date, there’s been quite a few. And this week, we’ve learned that yet another  major humanitarian organization is embracing bitcoin to support their mission.

They’re the American Red Cross , and Atlanta-based BitPay  is giving them a helping hand by hosting a bitcoin donation page , in addition to processing […]

cinerama

Illuminati, Mason, Anonymous I'll never tell. I can tell you this, global power is shifting and those who have the new intelligence are working to acquire this new force. You matter naught except to yourself, therefore prepare for the least expected and make your place in the new world order.

Disqus Comments Loading...
Share
Published by
cinerama
Tags: one

Recent Posts

Everyone’s Worst Fears About EOS Are Proving True

The Takeaway: EOS is the world’s seventh-largest blockchain by market cap, with a value topping $3 billion since February 2019.… Read More

3 hours ago

Street Artist Makes $12,000 in Bitcoin Donations

A French street artist best known for painting lady liberty leading the yellow vests has stated he has received more… Read More

4 hours ago

Wave Financial Launches World-First Bitcoin Yield Fund: Wave BTC Income & Growth Digital Fund

LOS ANGELES, Sept. 19, 2019 /PRNewswire/ -- Wave Financial LLC (Wave), a leading asset management firm focused on digital assets,… Read More

4 hours ago

Nigerian man returns bitcoins worth $80,000

Keith Mali Chung returned Bitcoins worth $80,000 mistakenly transferred to him. A Nigerian man who found $80,000 dollar's worth of… Read More

4 hours ago

Bitcoin Surrenders Post Fed Rate Cut; Pullback Awaited

Bitcoin slipped below $10,000 on Thursday after the Federal Reserve cut benchmark lending rates by 25 basis points.The BTC/USD instrument… Read More

4 hours ago

Bitcoin Hashrate Hits All-time High as Price Dwindles

The benchmark metric of miners confidence in the Bitcoin network established its all-time high on Thursday.Hashrate, which reflects the processing… Read More

4 hours ago

This website uses cookies. We use these cookies to collect data about your interaction with our website for the purpose of continuously improving your experience with our site. For more information we encourage you to read our privacy policy.

Read More