Fifteen Ways to Donate Bitcoin to Charity This Holiday Season

Fifteen Ways to Donate Bitcoin to Charity This Holiday Season

The holidays are coming, and as bitcoin has increased in value, many crypto-proponents are donating their funds during this year’s “season of giving.” There’s a whole lot of charitable efforts and causes accepting bitcoin this year, and we’ve hunted down a wide variety of nonprofits for your convenience.

Also read: Options Giant CME Launches Bitcoin Futures — Here’s What to Expect

Every year people donate to charities across the globe but during the month of December, well over a quarter of the world’s annual donations are given to nonprofits. Further, the last three days of the year see the most giving, as those three days represent 10 percent of the funds donated every year. This year, now that bitcoin has reached new all-time highs and is currently valued at roughly $18,900, bitcoiners are giving more satoshis than ever before. For instance, Fidelity Charity who accepts bitcoin raised over $22 million worth of BTC this year, eclipsing all the other years prior. Since it’s the season of giving we decided to aggregate a list for our readers of well known charitable causes that accept bitcoin.

Charitable Causes That Accept Cryptocurrency Donations

The Electronic Frontier Foundation (EFF)

The Electronic Frontier Foundation is a well known charitable organization that focuses on protecting the civil liberties within the digital world and online. The nonprofit was founded in 1990 and has accepted bitcoin for donations since the spring of 2013. BTC donations go towards, policy research, internet litigation, software development, and more. Many bitcoiners believe the EFF is a great organization that fights for open source development and the freedoms tethered to the digital information age.

Fifteen Ways to Donate Bitcoin to Charity This Holiday SeasonThe Multidisciplinary Association for Psychedelic Studies (MAPS)

Another charity that accepts bitcoin donations is the Multidisciplinary Association for Psychedelic Studies a 501(c)(3) nonprofit research center created in 1986. The organization researches, and educates the public on the societal benefits of psychedelics and cannabis. The sciences involved with psychedelic and medical marijuana has evolved further than basic therapy and spirituality. MAPS believes studies with marijuana and psychedelics can lead to better cures and a greater understanding of these types of drugs.


Wikileaks is an organization that started in 2006 that was initiated by the cypherpunk, Julian Assange. The website is operated by an international journalistic group that provides classified information, and leaks stemming from governments, and corporations. Wikileaks has been accepting bitcoin since 2010 when the nonprofit was blocked by credit card organizations during a financial blockade.


The website was created in 1995 and encourages the end of war and ending the military-industrial complex. Antiwar’s website has been accepting bitcoin core (BTC) since 2013 and has just recently announced the acceptance of bitcoin cash (BCH), as well as zcash, and dash. The nonprofit is devoted to “non-interventionism” and has staunch libertarian leanings. Currently, the group is focused on the many wars taking place in the middle east and issues involving North Korea.

Fifteen Ways to Donate Bitcoin to Charity This Holiday Season


Watsi is a small nonprofit that has been gaining attention this year by attempting to create universal health coverage. The charitable cause uses two programs to help people get access to healthcare resources which includes Watsi Crowdfunding and Watsi Coverage. These services are used to provide people in unfortunate situations with a doctor’s checkup or life-changing surgery.

The Water Project

The 501(c)(3) nonprofit the Water Project is a well-known organization among bitcoin proponents. The charitable cause invests funds to build local clean water solutions to help citizens suffering from the water crisis in sub-Saharan Africa. Last year over 5,500 individuals donated $2Mn, which provided fresh water to 200 communities and schools giving clean water to more than 300,000 sub-Saharan African residents.

Fifteen Ways to Donate Bitcoin to Charity This Holiday Season

Code to Inspire

The registered nonprofit, Code to Inspire (CTI), was created by Fereshteh Forough back in 2015. The organization produces classrooms for women in Afghanistan who are interested in getting an education in software and online businesses.  CTI opened the first school in Herat, Afghanistan, and taught roughly 50 female students daily. The charitable cause has grown much larger since its inception providing hundreds of Afghani women with a technical education and computers as well.   

Common Collection

A peer-to-peer platform called Common Collection uses donated bitcoins to help global refugees and people in poverty. Many of the individuals listed on Common Collection’s website have suffered from natural disasters. The nonprofit’s founder Elisabeth Grothe-Møller believes bitcoin can impact those in need almost instantly and provides a more efficient way to crowdfund charitable efforts.

The Internet Archive (

The Internet Archive and ‘Wayback Machine’ is a San Francisco–based non-profit that wants everyone in the world to have universal access to the information provided on the internet. The web portal was created in 1996 by Brewster Kahle, and the collection of data housed by the archive exceeds over 15 petabytes of data. The 501(c)(3) non-profit has accepted bitcoin core (BTC) since 2012 and just recently started taking bitcoin cash (BCH) for donations this year. Additionally, the creators of the Internet Archive have kept a good portion of donated bitcoins rather than exchanging them for fiat right away.

Fifteen Ways to Donate Bitcoin to Charity This Holiday Season

Last Door

An addiction recovery center located in Vancouver called, ‘The Last Door,’ has been accepting bitcoin for drug rehabilitation support for quite some time. The Last Door specializes in helping drug and alcohol addicts find a better way. The nonprofit has two programs, one that helps children with addiction problems and the other specializes in adult therapy. All bitcoin donations go towards an “abstinence-based, nicotine free long-term residential treatment for addiction.”


Bitgive was one of the first bitcoin-centric 501(c)(3) nonprofits, and was created in 2013 by Connie Gallippi. The charitable organization believes cryptocurrency solutions and blockchain transparency will become the future of giving over the next few years. Bitgive has raised funds for a variety of other nonprofits including Medic Mobile, TECHO, Save the Children, and The Water Project. In 2015 the charity created a 2.0 initiative which aims to increase charitable donation transparency.

The Wikimedia Foundation

Another recognized 501(c)(3) charitable organization called the Wikimedia Foundation uses donated funds for the growth of freely distributed multilingual educational content. It also helps collaborate with the online encyclopedia nonprofit Wikipedia. The Wikimedia Foundation has been accepting bitcoin since the summer of 2014. The nonprofit works with the San Francisco–based firm Coinbase to help process donations.

Epic Change

The charitable cause Epic Change is a social innovation project which has a wide variety of projects. The nonprofit has built classrooms in Tanzania, while also crowdfunding project in Afghanistan, Nepal, the US, and Kenya. The projects Epic Change has created in the past include the Twitter Kids of Tanzania, Love Apocalypse, Wonder Study, Epic Thanks, To Mama With Love, and LaLa Love. The Epic Change team says, “We create movements designed to amplify the voices and the impact of changemakers.”

The SENS Research Foundation

The SENS Research Foundation is a 501(c)(3) public charity devoted to researching and treating age-related disease. The nonprofit funds universities studying science and medicine while also utilizing its own research center for regenerative medicine to repair R&D. The charity accepts bitcoin and hopes donations help find cures and ways to make these diseases easier to live with for people suffering from age-related issues.

The OpenBSD Foundation

Fifteen Ways to Donate Bitcoin to Charity This Holiday SeasonThe Canadian based nonprofit, the OpenBSD Foundation, exists to fund OpenBSD projects and research. OpenBSD is a free and open source Unix-like operating system which has spawned projects like OpenSSH, OpenBGPD, OpenNTPD, OpenSMTPD, LibreSSL, and mandoc. Open source fans have always appreciated the OpenBSD Foundation and the organization has accepted bitcoin for a few years now. Donations are used to fund infrastructure costs for the projects, and software developer events and initiatives.

Nonprofits Are Attracted to the Benefits of Cryptocurrency Donations

Using digital assets to donate funds to charitable causes continues to grow, and there are many more nonprofits that accept cryptocurrencies. Bitcoin has fueled the fire of a different kind of giving, and charities all around the world are beginning to see the benefits of cryptocurrency donations.

What do you think about people donating bitcoin to charity this holiday season? Let us know what you think in the comments below.

Images via Shutterstock, OpenBSD, EFF, Antiwar,, and The Water Project.

Tired of those other forums on the subject of Bitcoin? Check our

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Stay Away!! Denmark Bank Chief Calls Bitcoin ‘Deadly’

The governor of Denmark’s central bank has issued an unexpectedly harsh warning about Bitcoin, describing it as “deadly.”

‘Bitcoin Arena’ Not Enough To Persude Central Bank

In an interview with state media outlet DR, Lars Rohde emphatically told citizens to “stay away” from Bitcoin, becoming a further figure to compare the cryptocurrency to 17-century Tulip Mania.

“You have to stay away. It is deadly,” he said.


“It’s an effective way of playing around. So if you do not like casinos, you’ve got a good alternative.”

While banking figures lambasting Bitcoin as a bubble remains hardly unusual, Rohde’s perspective marks a particularly vivid case in point.

Authorities’ inability to create a steady narrative on cryptocurrency regulation has become a noticeable phenomenon in recent months, Russia and South Korea leading the trend of contradictory statements.

Such episodes have occurred even in permissive jurisdictions where cryptocurrency interaction is both comparatively advanced as officially sanctioned.

Denmark became a prime example just last week, as Bitcoin Suisse announced its three-year sponsorship of major league hockey team Rungsted Seier Capital.

As part of the arrangement, Rungsted’s top player is due to receive his salary in Bitcoin, while the team’s home stadium will be renamed “Bitcoin Arena.”

Rohde: Bitcoin Is ‘A Bubble Out Of Control’

In official circles, however, it appears such enthusiasm is yet to be shared.

“I see Bitcoin like Tulip Mania, a bubble out of control,” Rohde continued.

…It is the responsibility of the individual. And if we are to do anything, then it is consumer protection to say that it is entirely off your own bat and you should not come complaining to us if it goes wrong.

As Bitcoin approached $20,000, several bank warnings surfaced late last week.

Stephen S. Poloz, governor of the Bank of Canada, went as far as to say the “noise” around cryptocurrency in general “kept him awake at night,” while similarly reiterating the lack of control investors have over the value of their holdings.

“…It’s often forgotten that the cash provided by a central bank is the only truly risk-free means of payment,” he told audience members at a talk in Toronto.

What do you think about Lars Rohde’s perspective on Bitcoin? Let us know in the comments below!

Images courtesy of Shutterstock,

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Source: Bitcoinist

The Prime Minister of Israel Says Bitcoin Is Rising as Banks Are Destined to Disappear

Israeli Leader Says Bitcoin Is Rising as Banks Are Destined to Disappear

With the meteoric rise in the value of bitcoin this year and the media cacophony around it, its a surprise that not all world leaders have spoken about the subject yet. One political figure that we can now rest assure is keeping an eye on bitcoin is Israeli Prime Minister Benjamin Netanyahu.

Also Read: Israeli Regulator Won’t Allow Bitcoin Firms to Be Included in Stock Indices

Israeli Leader Says Bitcoin Is Rising as Banks Are Destined to DisappearSitting down with reporters to an off the cuff Q&A at the Israeli parliament’s diner, the PM was asked for his advice whether an individual should invest in bitcoin or not. He answered: “So first of all, why can’t you also sell money? Why not? It’s the same. The reason you can’t sell money is that you are very worried and want a mediating party to handle the risks. Prevent theft, all that stuff. That’s why banks exists. Are banks doomed to eventually disappear? The answer is yes! Should this be done tomorrow and should it be done via bitcoin? That is a question. But the truth is that what I just said is what propelling bitcoin upward.”

Asked a follow up question about the current rate of change, the PM added: “Nothing exists that can continue at this pace, it’s not possible.”

Netanyahu is an MIT graduate and prior to his political career he was an economic consultant for the Boston Consulting Group.

Israeli Leader Says Bitcoin Is Rising as Banks Are Destined to Disappear
Israeli Prime Minister Benjamin Netanyahu: “Are banks doomed to eventually disappear? The answer is yes!”

Crypto Nation

Israeli Leader Says Bitcoin Is Rising as Banks Are Destined to DisappearLike many other countries around the world, Israel have been taken away by the bitcoin mania in the last couple of weeks. The local media reports price changes daily, it interviews people that became millionaires over night and shows the long lines of people waiting outside bitcoin ATM locations in Tel Aviv.

The Israeli financial press is also focusing on bitcoin as everything crypto-related brings in clicks and viewers these days. The biggest story at the moment is the issue of a Tel Aviv Stock Exchange listed gold company switching to bitcoin mining. Its stock price jumped 3,750% before the regulator came out against it. Another story currently in the headlines in this context is that of local cryptocurrency developer Colu raising $14.5 million from Israel’s largest holding company IDB Development Corporation. The Israeli regulator is also expected to announce a welcoming legal framework for ICOs by the end of the month.

Are world leaders beginning to understand the bitcoin revolution? Tell us what you think in the comments section below.

Images courtesy of Shutterstock, First Edition.

Do you like to research and read about Bitcoin technology? Check out’s Wiki page for an in-depth look at Bitcoin’s innovative technology and interesting history.

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Two Days of Cboe’s Bitcoin Futures Show Intense Volume Fluctuations

Two Days of Cboe's Bitcoin Futures Show Intense Volume Fluctuations

This weekend on December 10, the Chicago Board Options Exchange (Cboe) began its first trading sessions. Since then the introduction of bitcoin-based derivatives held on a well-known mainstream exchange, the news has injected a surge of positivity into bitcoin’s spot markets. Moreover, the price of Cboe’s futures products has been trading wildly starting off at the $15K mark and has reached an all-time high of $18,650.

Also Read: Lightning Network’s New Infrastructure and Interoperability

Over the Past Two Days, Cboe’s XBT Markets and Bitcoin’s Spot Prices See Wild Fluctuations

Two Days of Cboe's Bitcoin Futures Show Intense Volume Fluctuations Cboe’s bitcoin-based futures one-month bitcoin contract (XBT:1) started trading this past Sunday, and is currently up over 8 percent higher than bitcoin’s spot price. BTC spot markets have been on a tear leading up to the mainstream derivatives products with a global average hovering between the $16,900-17,200 region. Cboe’s futures products are a different animal and contracts are cash-settled based on the BTC price data provided Gemini in U.S. dollars. These exchange-traded derivatives products are bets on the future price of bitcoin and investors wager on whether the value will be high or low. If the price of bitcoin rises or dips, the contract holder is paid out based on how much the value has climbed or dropped within a specified time-frame.

The futures markets initiated by the Chicago-based exchange initially surged over 15 percent when it first opened. At the start of the trading session, the company’s website suffered from heavy traffic and was unavailable for many spectators. However, Cboe revealed the actual futures market was unaffected by the website outage. In addition to this, trading was halted according to a Cboe spokeswoman. The platform’s futures trading can be stopped if bitcoin’s price experiences large volatile swings.

Two Days of Cboe's Bitcoin Futures Show Intense Volume Fluctuations     So Far Not Many Brokerage Services Deal With Cboe’s XBT

Cboe futures can only be purchased from a certified brokerage service and not all financial management brokers offer bitcoin-based derivatives products. Although, there are not that many services providing this product at the moment. One bitcoin futures retailer suggested by Cboe’s website is Interactive Brokers LLC. The site shows its fixed pricing for bitcoin futures which includes broker commission, exchange, and clearing fees. If the person registering has never used the platform they have to wait 24-hours to be approved to trade Cboe’s XBT products. There are also other brokerage services that offer retail investors and institutional trader exposure to Cboe’s XBT derivatives like Ally Invest, and Goldman Sachs.

Two Days of Cboe's Bitcoin Futures Show Intense Volume Fluctuations    Initial XBT Trading Surges but Has Dropped In Volume As Other Global Commodity Markets See Gains

The first day saw a lot of trading as Cboe saw 3,956 contracts on December 10 but dropped to 237 contracts the next morning. Volume has increased on December 12 with over 500 contracts, and more are being added as the day progresses. Many speculators believe the recent cryptocurrency warning tied to the Initial Coin Offering market from the SEC agency ‘shook’ Cboe futures investors on Monday. Moreover, global markets are on the rise in general with Europe and Wall Street stock showing bullish gains. Futures tethered to the Dow Jones Industrial Average, S&P 500, Europe 600 benchmark, and barrels of oil all have seen significant spikes so traders may have temporarily moved to other markets.

Two Days of Cboe's Bitcoin Futures Show Intense Volume Fluctuations
Cboe futures contracts reached an all-time high of $18,650.

Speculative Mania

Bitcoin proponents are looking forward to next weekend’s bitcoin-based futures products introduced by CME Group which will bring cryptocurrency derivative to a much broader audience. The well-known hedge fund manager and former Fortress executive, Michael Novogratz, believes the rallies happening within both spot and futures markets will continue to spark the interest of both retail and much larger investors. “The market trades like it wants to go up, not down,” Novogratz explained in an interview yesterday. “We are in a speculative mania, and my sense is we are still fairly early.”

What do you think about the bitcoin futures mania that’s taking place? Do you think mainstream investors are attracted to bitcoin-based derivatives products? Let us know what you think in the comments below.

Images via Shutterstock, Cboe Global Markets, and Cboe’s advanced charts page. 

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Americans Are Taking Out Mortgages to Buy Bitcoin

Americans Are Taking Out Mortgages to Buy Bitcoin

People are taking out mortgages to buy bitcoin, says securities regulator Joseph Borg. Coupled with accounts of credit cards and equity loans being used to obtain bitcoin, it raises the possibility of risk-taking investors being left deeply indebted or potentially even homeless.

Also read: Bitcoin Is a New Haven From Hyperinflation for Rich Latin Americans

Betting It All On Bitcoin

Most people have heard of “that Reddit guy” who took out equity on his house to buy bitcoin earlier this year. His daring investment, made when bitcoin was trading at around $3,000 a coin, has paid off so far. But if Joseph Borg is correct, such cases are no longer isolated, and the higher bitcoin climbs, the greater the risk credit-takers face.

Speaking on CNBC on Monday, the veteran securities regulator said:

We’ve seen mortgages being taken out to buy bitcoin…People do credit cards, equity lines. This is not something a guy who’s making $100,000 a year, who’s got a mortgage and two kids in college ought to be invested in.

As president of the North American Securities Administrators Association and director of the Alabama Securities Commission, Borg has a wealth of experience to call upon. Even the most ardent of bitcoin believers would concede that families probably shouldn’t be betting everything they have on bitcoin.

Using Cheap Credit to Buy Expensive Bitcoin

Americans Are Taking Out Mortgages to Buy BitcoinMortgages and equity aren’t the only means by which people have been scrambling to free up funds for bitcoin: major sites such as Coinbase accept credit card payments. So long as bitcoin keeps rising, buyers can pay off their monthly credit card debt with their profits. A major correction, however, would leave investors indebted and liable to defaulting on their loans.

“You’re on this mania curve. At some point in time there’s got to be a leveling off,” said Borg on CNBC’s Power Lunch. Bitcoin has proven extremely resilient this year, shaking off negative news such as a Chinese cryptocurrency exchange crackdown without much fuss. It is not inconceivable, however, that a major global event, such as legislation emanating from the U.S. or South Korea, could send the price of bitcoin plummeting.

Newcomers to bitcoin have yet to experience a bear market. While bitcoin’s volatility is much gentler than it was in its earliest days, the cryptocurrency is still prone to swings, and like any asset is perfectly capable of heading south. Homeowners who mortgage their property and profit handsomely from bitcoin’s rise will feel rightfully vindicated. Not everyone can be a winner however.

Americans Are Taking Out Mortgages to Buy Bitcoin
“They said ‘Just hodl’.”

When bitcoin was first born, many of its earliest adopters saw the peer-to-peer currency as a “bank killer”. It would be ironic if the digital currency’s rise – and subsequent fall – was to take a bite out of the banks due to a credit craze fueled by bitcoin.

Do you think people should be taking out credit to buy bitcoin? Let us know in the comments section below.

Images courtesy of Shutterstock.

Bitcoin is a decentralized digital currency that enables near-instant, low-cost payments to anyone, anywhere in the world. Bitcoin uses peer-to-peer technology to operate with no central authority: transaction management and money issuance are carried out collectively by the network. Read all about it at

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