The Pleb’s Bitcoin Development Fund with Ben Price

What this episode covers

On this episode of the Bitcoin Magazine Podcast, host Christian Keroles sits down with Ben Price of Open Sats. Ben is a Bitcoin pleb who left Visa to work on funding open source software development. He created Open Sats, a 100% pass through non profit for allowing Bitcoiners to donate to opensource development in a taxed advantaged way. The Open Sats platform has a page that allows users to regularly donate to independent devs or projects listed on Open Sats, or they can donate to a general fund which is allocated by the board of directors. The board consists of Ben Price, Matt Odell, Udi, Janine, James O'Beirne and several other well known Bitcoiners. Christian and Ben Discuss the process of creating the nonprofit and the challenges they encountered. Price emphasises why 100% pass-through is a major differentiator and thanks several partners that enable the project to operate with no expenses including the entire board of directors. Price discusses their 100% BTC denominated policy and how Open Sats will hold all funds in Bitcoin and distribute all donations in bitcoin exclusively. The project is optimized to help Bitcoiners dollar cost donate to the best projects in the bitcoin space. Please enjoy this wide ranging conversation with Ben Price.

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Frequently Asked Questions

How long is this episode of Bitcoin Magazine Podcast?

This episode is 56 minutes long.

When was this Bitcoin Magazine Podcast episode published?

This episode was published on June 9, 2021.

What is this episode about?

On this episode of the Bitcoin Magazine Podcast, host Christian Keroles sits down with Ben Price of Open Sats. Ben is a Bitcoin pleb who left Visa to work on funding open source software development. He created Open Sats, a 100% pass through non...

Can I download this Bitcoin Magazine Podcast episode?

Yes, you can download this episode by clicking the download button on the episode player, or subscribe to the podcast in your preferred podcast app for automatic downloads.