Sunday, August 14

It’s time for the charity sector to embrace digital currencies By CoinTelegraph

© Reuters. It’s time for the charity sector to embrace digital currencies

The number of cryptocurrencies on the market has exploded from 500 in 2014 to almost 7,000 just seven years later, in October 2021. According to reports, 14% of the United States (equivalent to approximately 21.2 million people ) has purchased some form of cryptocurrency, and it is estimated that there are more than 300 million cryptocurrency owners worldwide.

It’s clear: cryptocurrencies are here to stay, and their path to global recognition and success has only just begun. I’ve shared before how and why the innovative longevity and biotech industries should cooperate with digital currency visionaries to secure the future of their work. Cryptocurrency founders, CEOs, and buyers are already breaking down barriers and contributing to a more decentralized future in their everyday lives. By empowering individuals with access to diverse assets and opportunities to invest outside of traditional financial offerings, the cryptocurrency industry is creating a future built with innovation in mind.

  • The Giving Block raises $ 2.4 million for charity on ‘CyberGivingTuesday’

I see no reason why this innovation should remain locked in these tech-oriented sectors – the philanthropic world can and should benefit, too. Accepting donations in crypto is a direct first step that demonstrates to the wider community that an organization recognizes its importance and is willing to embrace disruptive technology.

Read the full article on Cointelegraph

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