149. Cryptocurrency + Fundraising: The Next Frontier? - Pat Duffy

Raise your hand if you're still trying to figure out how the heck cryptocurrency and philanthropy intersect? 🙋‍♀️🙋‍♂️ We've got you! Meet Pat. He merged his nonprofit experience and passion for Bitcoin trading to create The Giving Block, a company helping nonprofits transact cryptocurrency donations. He's giving the simplest explanation into the ins and outs of cryptocurrency, blockchain and the underlying technology needed to accept this new form of currency. Tune in to hear which orgs are doing it well.EPISODE HIGHLIGHTSPat’s story and journey to where he is today (3:00)40,000 foot view of cryptocurrency: What is it? How does it work? What do we need to know? (5:30)The founding story of The Giving Block and how they’re serving the nonprofit sector (9:50)The sustainability of blockchain (13:30)Where to start today if you are interested in accepting cryptocurrency at your organization (16:30)A case study of an organization leveraging crypto to benefit their mission (20:00)The tax benefits of cryptocurrency (24:52)Who to target and advice about where to start if you are ready to start leveraging the crypto space (27:30)Approaches to crypto fundraising (28:00)A powerful story of philanthropy in Pat’s life (32:00)Pat’s One Good Thing: Prioritize. (38:00)For more information and episode details visit: www.weareforgood.com/episode/149The We Are For Good Podcast is co-hosted by Jonathan McCoy, CFRE and Becky Endicott, CFRE and welcomes the most dynamic nonprofit leaders, advocates and philanthropists to share innovative ideas and lessons learned 3x a week!Want to hear insider details and to get our best roundup of tips, freebies, resources and show notes from each episode? Join the Good Community - it's free! Visit www.weareforgood.com/helloAbout our Sponsor GivebutterGivebutter is Loved by over 30,000 nonprofits, student groups, sports teams, schools, companies, and individuals just like you, and PS: it’s also loved by the three of us who are superfans of their incredible giving platform. 💛 Givebutter helps you collect donations like a boss. It's never been easier to add a donate button to your website, collect dues from group members, or link a payment form to just about anything.Re-think the way you run fundraising events. Sell tickets to your event while also collecting additional donations from attendees and supporters, with all of Givebutter's unique fundraising features built right on top. It’s buttery goodness at its finest, and it’s helping you do more for your mission online. Learn more at givebutter.com//Join the We Are For Good Community—completely free.Join fellow changemakers, share takeaways from this working session, and keep collaborating in a space built for connection, inspiration, and real impact: www.weareforgoodcommunity.comSay hi 👋LinkedIn / Instagram / Facebook / YouTube / Twitter