95: Should Nonprofits Take Donations in Bitcoin? Maybe
Today on Cause Talk Radio, Megan and Joe talk to David J. Neff, author and consultant, about the thing we've all heard of, but know nothing about: Bitcoin. The author of a recent report on the disruptive impact of digital currency, David makes case for Bitcoin. What should nonprofits know about Bitcoin and its potential impact? What are the risks and benefits? David also discusses how nonprofits can prepare for Bitcoin, and how embracing digital currencies can lead to other innovations that will change nonprofits for the better. Finally, David throws down the gauntlet and challenges Megan and Joe to open our very own Bitcoin accounts. Not one to back down from a challenge, Joe immediately commits Megan to running her entire life on Bitcoin for the next thirty days. But really, listeners, this is a fascinating episode and David with his nonprofit background, mastery of technology, and knowledge of Bitcoin is just the right person to help you weigh the pros and cons of digital currencies.