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
The Chopping Block: How This DeFi Hack Negotiator Gets Hackers to Return Stolen Money Ep. 577
Why Presidential Candidate Vivek Ramaswamy Is So Pro-Crypto - Ep. 576
Why the Crypto Industry Is So Upset About the IRS’ Proposed New Tax Reporting Rules - Ep. 575
Sam Bankman-Fried Whisperer Tiffany Fong Spills Some Tea - Ep. 574
The Chopping Block: What Does Binance’s Record $4.3 Billion Settlement Mean for Crypto? - Ep. 573
Why Financial Advisors Are So Excited About a Spot Bitcoin ETF - Ep. 572
Could the Bank Secrecy Act Harm Crypto? Coin Center Thinks So - Ep. 571
How Much Money Are Terrorists Actually Raising in Crypto? - Ep. 570
The Chopping Block: Why Vivek Ramaswamy Wants Less Crypto Regulation - Ep. 569
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The Chopping Block: Did Blur Cause a Decline in the NFT Market? - Ep. 567
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Two Genesis Creditors Describe Their Frustrations With the Bankrupt Crypto Lender - Ep. 565
SBF Trial, Day 18: Sam Bankman-Fried Found Guilty on All 7 Counts in Swift Verdict
SBF Trial, Day 17: Closing Arguments Ask: ‘Villain or Good-Faith Actor?’
The Chopping Block: Nic Carter on Hamas’ Crypto Funding, SBF’s Courtroom Collapse, and Dramas Involving Lido and dYdX - Ep. 564
SBF Trial, Day 16: In Final Cross Examination, SBF Gets Caught Again by His Own Words
SBF Trial, Day 15: Prosecutors Hammer Bankman-Fried’s Contradictions With Reams of Evidence
Why SBF's Testimony So Far Has Likely Already Doomed Him - Ep. 563
SBF Trial, Day 14: Sam Bankman-Fried Casts Blame on Others for Key Decisions at FTX
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