When you’re a nonprofit struggling for enough funding to support your mission and operations, you need to take advantage of every opportunity that arises. For example, one big reason Bitcoins are becoming popular among nonprofits is because of transaction fees, which in many cases are significantly lower with Bitcoins than when receiving donations by more traditional means. And while big businesses may not have to worry about such small details, every penny counts when it comes to nonprofit donations. When you look at all the benefits to nonprofits, it’s not surprising that many nonprofits have already set up to accept Bitcoin donations, even when many of their donors and constituents may have never even heard of the cryptocurrency. Check out the graphic below to find out exactly how nonprofits are taking advantage of the cryptocurrency revolution, and just what difficulties they’re coming up against.
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