According to this new infographic, featured in this article, Bitcoin is revolutionizing the non-profit profit financial sector.
The infographic below details how non-profits see benefits from Bitcoin, as well as how to accept it in the first place. Bitcoin users can donate directly & without fee to the non-profit through a public key, or they can use Coinbase, Bitgive or even the new & famous Lighthouse platform.
It then outlines the benefits Bitcoin brings and the new challenges ahead of it. It travels into the different faces of Bitcoin acceptance by charitable organizations into how some see the future laying ahead for these organizations that have adopted Bitcoin with open arms.
The infographic also presents how WikiLeaks, the famous information leaking site spearheaded by Julian Assange, collects all their donations through Bitcoin and Litecoin due to being blocked by Bank of America, MasterCard, PayPal, and VISA. Through decentralized digital currency technology, such blockage is technical impossible and would be considered unethical and immoral.
Bitcoin & digital currency technology in general had bought Non-Profit Organization to a new level of acceptance & finally enjoying real help. Since regular payment methods like Paypal, Visa & Mastercard have huge fee’s for transfers and Bitcoin has very small fee it’s clearly how it has changed the way people are thinking about their money. Enjoy the infographic!