Connie Gallippi, the founder and executive director for BitGive, and Joe Waltman, the executive director of GiveCrypto.org, discuss charitable giving in crypto -- what problems in philanthropy it solves, what level of transparency they can achieve and how they measure impact. Connie explains why she has chosen to work with existing non-profits and Joe, why GiveCrypto is working on its own initiatives, and why its working thesis is that crypto will be especially helpful in places with broken money or broken government. They also dive into the tax implications of donating crypto directly -- namely that donors can offset taxes on gains, particularly by donating their oldest coins before the end of the calendar year. Connie talks about how BitGive needs to ensure it doesn't hold or convert money in order to avoid money transmitter regulations, and Joe, how GiveCrypto has to ensure it's not giving money to bad people, such as money launderers or people or entities under economic sanctions. Plus, the two discuss why a space that so often espouses the ideals of democratization of finance gives so little and what it will take for it to donate more.
Thank you to our sponsors!
CipherTrace: https://ciphertrace.com/unchained/
WeTrust: Donate in crypto and have your donation matched by WeTrust through Giving Tuesday, November 27! http://wetrust.io/unchained
Episode links:
Bitgive: https://www.bitgivefoundation.org
GiveTrack: https://www.givetrack.org
BitGive Twitter: https://twitter.com/BitGiveOrg
GiveCrypto: https://www.bitgivefoundation.org
GiveCrypto Twitter - https://twitter.com/givecrypto?lang=en
BitGive's five-year report: https://d1i1964a5wuyjt.cloudfront.net/2018/11/5-year-deck-021118_compressed-1.pdf
Joe's work trial for GiveCrypto: https://medium.com/givecrypto/givecrypto-work-trial-a-new-financial-system-a-new-opportunity-7f564b65aff5
GiveCrypto's October report: https://medium.com/givecrypto/givecryptos-october-monthly-report-5c191bc03b56
Unconfirmed episode with Robert Opp of the UN World Food Programme: http://unconfirmed.libsyn.com/the-un-world-food-programmes-blockchain-based-food-vouchers-for-syrian-refugees-with-robert-opp-ep017
Episode with Elizabeth Rossiello of Bitpesa: http://unchainedpodcast.co/bitpesas-elizabeth-rossiello-on-necker-island
Unconfirmed: Strong Hands Aren't Selling Bitcoin. So Who Is? - Ep.249
Is Quadriga's Gerald Cotten Still Alive? The 'Exit Scam' Podcast Aims to Answer - Ep.248
Unconfirmed: Polygon: The Layer 2 Solution Doing 8 Times as Many Transactions a Day as Ethereum - Ep.247
Unchained 5-Year Anniversary: AMA With Laura on Her Favorite Guests, Predictions and More - Ep.246
Unconfirmed: Want Crypto in Your 401(k)? It's Finally Possible -- With This Provider - Ep.245
Will Bitcoin's Price Go Up Again? Yes, According to On-Chain Analytics - Ep.244
Unconfirmed: How Taproot Could Improve Bitcoin -- If It Gets Adopted - Ep.243
Nick Tomaino on 1confirmation's $125 Million Fund and What Future NFTs Will Look Like - Ep.242
Unconfirmed: Rep. Tom Emmer, One of the Most Active Crypto Congress Members, on Taxes and DeFi - Ep.241
How Solana and Binance Smart Chain Could Take Ethereum's Lead - Ep.240
Unconfirmed: Mike Novogratz on the 5 Reasons the Crypto Markets Plummeted - Ep.239
Bitcoin vs. the Petrodollar: Which Is More Environmentally Friendly? - Ep.238
Unconfirmed: How Elon Musk Pushed DOGE Up and BTC Down, With Arca's Jeff Dorman - Ep.237
Robinhood CEO Vlad Tenev and Paxos CEO Charles Cascarilla on How to Avoid Another GameStop - Ep.236
Unconfirmed: Should NYC’s Pension Funds Invest in Crypto? This Comptroller Candidate Says Yes - Ep.235
Crypto's Gender Disparity: What Can Be Done About It? 4 Women Weigh In - Ep.234
Unconfirmed: How MetaMask Grew Its Monthly Active Users By 5X in the Last 6 Months - Ep.233
How NFT Platform OpenSea Plans to Maintain Its Competitive Advantage - Ep.232
Unconfirmed: This Layer 2 Solution Processed More NFT Trades in 24 Hours Than Ethereum Did in 1 Week - Ep.231
Thanks, Forbes: Laura on How the Unchained Podcast Came to Be - Ep.230
Create your
podcast in
minutes
It is Free
Pharmacy Podcast Network
Sarah Westall - Business Game Changers
Wall Street Breakfast
Bloomberg Surveillance
Bloomberg Daybreak: US Edition