Articles and Resources | Bitcoin and Crowdfunding

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This section of my blog used to contain myriad articles on a wide range of topics of interest to nonprofits. In 2016, I decided to cull it, and to focus on two cutting edge (and sometimes controversial) topics, Bitcoin (and Blockchain), and Crowdfunding.

In 2015, I began “pinning” noteworthy articles on an array of subjects to my new Pinterest board, Nonprofit News Now! You might enjoy checking that site out as well.

Bitcoin (and Blockchain)

Definitions

Bitcoin: Bitcoin is a form of digital currency, created and held electronically. No one controls it. Bitcoins aren’t printed, like dollars or euros – they’re produced by people, and increasingly businesses, running computers all around the world, using software that solves mathematical problems.

Blockchain: A blockchain is a public ledger of all Bitcoin transactions that have ever been executed. It is constantly growing as ‘completed’ blocks are added to it with a new set of recordings. The blocks are added to the blockchain in a linear, chronological order.

I find this series of YouTube videos provided by TechCrunch to be helpful, “Watch all six episodes of the series Trust Disrupted: Bitcoin and the Blockchain”

Bitcoin – Special Focus – Wes Holing for TechSoup, “How to Set Up Bitcoin for Your Nonprofit” (July 6, 2015).

I have a personal Bitcoin account on Coinbase. You never know!

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Crowdfunding

Crowdfunding: Crowdfunding is the use of small amounts of capital from a large number of individuals to finance a new business or social good venture. Crowdfunding makes use of the easy accessibility of vast networks of people through social media and crowdfunding websites to bring investors and entrepreneurs together. 

 

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