This past Friday was perhaps not only the biggest shopping day for bitcoin users, but in general. And while the bargains have been made available to users all the way until today, the community is looking forward to a little something taking place tomorrow: Bitcoin Giving Tuesday.
It’s an event put together by The BitGive Foundation, Bitcoin Foundation, BitPay, Bitcoin Black Friday, Circle, and ChangeTip, and it’s goal is to “provide a way for people to give 100%.”
What does that mean exactly — allowing a way for people to give 100%?
In this particular case, it’s referring to the amount of the donation, which in traditional circumstances, a payment processor would take a cut in order to “process” the transaction. This, regardless of whether the recipient is a charity or not, means the the amount received is less than what was given.
And many in the community will tell you, this is one area where bitcoin excels.
Charities taking part in this year’s Giving Tuesday include: Save the Children, Greenpeace, the American Red Cross, United Way, the Electronic Frontier Foundation (EFF),the Australian Spinal Research Foundation, and many more.
“Accepting bitcoin donations seemed like a natural next step for us,” said Ettore Rossetti, who heads marketing and social media at Save the Children. “We have already seen the generosity of the bitcoin community, and working with BitPay allows us to keep 100% of the donations, helping us serve even more children.”
Users can find non-profits involved in Giving Tuesday at the event’s official homepage.