BitGive Foundation Unveils New Initiatives in Inside Bitcoins Conference
During the Inside Bitcoins Chicago Conference, BitGive Foundation announced its newest initiatives in spearheading charity projects using the cryptocurrency. BitGive Foundation founder Connie Gallippi presented their results with the charity efforts in Kenya, as well as their plans for The Water Project. In Kenya, BitGive was able to conduct a fundraising process for a water well to the Shisango Girls School with the help of BitPesa and Libra. The 3-minute video she shared illustrated how bitcoin and the underlying blockchain technology has been able to transform lives in the country.....
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The Inside Bitcoins Chicago Conference took place this weekend. It was two days of conference sessions and exhibit hall events. During the two-day event, top thought leaders engaged in several discussions around digital currency. Session topics covered many topics, including the implications of bitcoin, investing and startup strategies, current mining....
Two charities began accepting bitcoins today. A newly formed foundation called BitGive was announced, which will filter bitcoin donations through to a variety of causes. Another existing organization, Songs of Love, also announced a bitcoin donation option. Connie Gallippi, founder of the BitGive Foundation, explained that the organization had applied for its 501c status. In the meantime, it would be collecting bitcoin donations, she said. BitGive came out of meetings held at the Bitcoin conference in San Jose in May, said Gallippi, the sister of BitPay founder Tony Gallippi. She has spent....
The BitGive Foundation announced today that it has become the first nonprofit bitcoin organization to achieve 501(c)(3) status, meaning the Internal Revenue Service (IRS) officially recognizes it as a charitable organisation in the US. This means that any gains made by the foundation will not be taxed, thus directing more money to its supported causes. BitGive executive director Connie Gallippi told CoinDesk that it is about more than just money, however: "It does give us legitimacy with the US government, which has been a huge struggle for bitcoin as far as businesses are concerned."....
Bitcoin Magazine is privileged to serve as a media partner to the Inside Bitcoins Conference in NYC on July 30! The conference will draw a crowd from the United States and around the world to learn more about this digital, decentralized currency and also to highlight the opportunities within the Bitcoin community. The Inside Bitcoin Conference aims to highlight how the Bitcoin community is booming. The conference will seek to answer the question, "now that all of the basic trading platforms and payment processing companies have been created, how does one make money in the space?" Bitcoin....
Bitcoin Magazine is proud to announce the launch of BitGive Foundation, the first Bitcoin charity! BitGive is a non-profit foundation (IRS 501c3 status is pending) accepting donations from the greater Bitcoin community and offering charitable gifts to environmental and public health causes worldwide. As Bitcoin continues to grow in prominence and utility, BitGive Foundation provides the opportunity for you to give to those in need in the most expedient and efficient way: through the Bitcoin currency! The BitGive Foundation will provide charitable donations on behalf of the growing Bitcoin....