The Virtuous Cycle of Bitcoin Giving
Higher Prices Mean More Giving. More Giving Means More Adoption Bitcoin has left every other asset class in the dust. And that outperformance didn’t just take place this year — it’s outperformed every asset over the last five-year and 10-year periods. As we approach a new all time high, 99 percent of bitcoin owners are in profit. Given how rapidly bitcoin has appreciated, it shouldn’t be surprising to hear that price rallies lead to significant bitcoin donations. The last time Bitcoin hit $20,000, we saw over $100 million worth of bitcoin donated to nonprofits in one month. A huge....
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