1 year ago
This is an sentiment editorial by Renata Rodrigues, planetary assemblage and acquisition pb astatine Paxful.
Social Change Powered By Bitcoin: Part Two
Bitcoin has existent imaginable arsenic a conveyance for societal change.
For philanthropies, bitcoin adds successful a furniture of accountability that fiat donations are incapable to replicate. For nonprofits, this makes tracking donations easier and gives radical unprecedented visibility connected however their donations are used. Using bitcoin for philanthropy brings successful different benefits. Sending wealth utilizing Bitcoin involves minimal costs and is overmuch much businesslike than the bulk of accepted services.
In this two-part bid connected bitcoin and societal good, I volition item however nonprofits are utilizing bitcoin to interaction communities astir the world. First, we covered Raúl Yazdani and Agua x Vida.
Next up, we volition instrumentality a look astatine Yusuf Nessary and the Built With Bitcoin Foundation. To date, the nonprofit has built and repaired 10 schools, 7 star projects and implicit a twelve h2o and farming systems crossed the globe. Beyond the projects themselves, Nessary besides hopes that Bitcoin tin reconstruct anticipation wrong these communities.
Bitcoinforthe100 is simply a postulation of stories and usage cases that beryllium that Bitcoin is genuinely for the 100%. Below is 1 dependable that is embracing Bitcoin for societal good.
Bitcoin For Bringing Life: Yusuf Nessary, Houston, Texas
Yusuf ever felt that his calling was to assistance others and successful July 2014, helium started Zam Zam to bring clean, sustainable h2o to those who needed it the most. This led him to gathering Ray Youssef, who asked to marque a sizable donation successful bitcoin. “What is bitcoin? I person nary thought what that is,” helium laughed remembering however helium had archetypal responded to the idea.
Together, Nessary and Youssef launched the Built With Bitcoin Foundation, a nonprofit enactment that would physique everything from schools, h2o wells and sustainable gardens successful emerging communities — each powered by Bitcoin. Later that year, they completed operation of their precise archetypal schoolhouse successful Nyamata, Rwanda. It was a feeling helium would ne'er forget. “Here was a schoolhouse we had built utilizing lone Bitcoin,” helium remarked. In conscionable a fewer months, Nessary’s thoughts connected the planetary system had wholly shifted. He saw the powerfulness of what bitcoin was capable to do.
Since 2017, the Built With Bitcoin Foundation has completed a fig of further projects and is continuing to physique wrong the communities that request it most. To this day, Nessary travels backmost to each site. He’s been capable to spot lives changed and radical thriving due to the fact that of opportunities fixed to them done bitcoin. “It’s astonishing to see,” helium said. “I privation to legitimize this benignant of philanthropy due to the fact that the powerfulness of bitcoin tin beryllium utilized for good. And that’s precisely what we’re doing.”
You tin larn much astir his communicative here.
This is simply a impermanent station by Renata Rodrigues. Opinions expressed are wholly their ain and bash not needfully bespeak those of BTC Inc. oregon Bitcoin Magazine.
English (US) 