Bitcoin Cash Donations
With high transaction fees and long confirmation times crippling the utility of Bitcoin Core (BTC), many generous individuals have turned to using Bitcoin Cash (BCH) for donations; nowhere can this be more clearly seen than on Twitter where several organizations have started posting BCH addresses to make it easier to receive cryptocrurrency from donors.
The most recognizable organization to benefit from a BCH donation also appears to be the largest recipient so far — Khan Academy, with a receipt of 10 BCH from Nchain chief scientist Craig Wright. At current exchange rates, that amount is the equivalent of approximately 25,000 U.S. dollars.
Hi Craig, thank you so much for your support! 🙌🙌🙌 For anyone else interested in donating BCH our address is 16UekLq9bnhMbydcsUrHJ3s3rizqmLYQHr and we'd greatly appreciate an email to [email protected] confirming the donation (so we can send you a big THANK YOU!)
— Khan Academy (@khanacademy) December 29, 2017
An earlier recipient of BCH largesse is Zam Zam, which tasks itself with having water wells constructed in blighted areas.
As promised. My donations for the end of the 2017 year have started.
Another tomorrow, and …
— Dr Craig S Wright (@ProfFaustus) December 28, 2017
Fare Share in Victoria, Australia, received 5 BCH recently, which they say will be able to provide around 20,000 free nutritious meals for people in need.
@FareShare1 is now set up to receive donations via #BitCoinCash. Donations can be sent to 3JLehRBNg1oH4tyCZ4Jy1h1e3DwZzU5Nqm.
— FareShare (@fareshare_aus) January 4, 2018
Before the end of last year, Deep Center (@DeepKids) tweeted about adding a QR code for BCH donations on their Give page. It is a nonprofit founded in 2008 to address the detrimental effects of poverty on literacy in Savannah, Georgia.
#GiveDeep for our fall campaign and help fund our 2018 programs.
— Deep Center (@deepcenter912) December 21, 2017
Off of Twitter, the nonprofit digital library Archive.org reportedly received more donations in Bitcoin Cash BCH than Bitcoin Core BTC in 2017.
Archive.org appears to have been motivated by a tweet by UKcryptocurrency.
@internetarchive Please consider accepting #BitcoinCash Donations along side #Bitcoin. The low fee of #BCH compared to #BTC may result in more donations from fans. See https://t.co/zC1DQDwsPO for more information.
— – – – Bitcoin – – – (@uk_c_c) November 14, 2017
Fourteen days after the above tweet, @InternetArchive tweeted a call for cryptocurrency donations that included Bitcoin Cash in the lineup.
— Internet Archive (@internetarchive) November 28, 2017
To find which entities accept Bitcoin Cash, visit https://acceptbitcoin.cash
Image credit: bitcoincash.org