Greenpeace now accepting Bitcoin donations
by Cassady Craighill
September 22, 2014
Greenpeace is a completely independent organization. We dont take money from corporations or governments. Its what allows us to do whats necessary to protect the environment.
A majority of our support comes from individual donations made by thousands of people across the country. Meaning that we have to be constantly evolving to ensure that donors are able to support our important work in the way thats most convenient for them.
That is why we are now accepting bitcoin donations.
Despite the name, paying with bitcoin does not mean pulling out a tiny change purse of coins. Rather, it is a new digital currency and people are starting to take notice. So much so that we thought the time was right for Greenpeace to start accepting them.
Read on as we explain what bicoin is and why were accepting bitCoin donations.
What is bitcoin?
Bitcoin is the first decentralized digital currency that allows people to buy and exchange currency over the Internet on a global scale.
Decentralized digital currency basically means that transactions are processed without a bank or other financial institution taking a processing fee, typically 3 percent. Bitcoins travel from person to person directly.
Although still relatively new and in the early adoption phase, bitcoin is a technological breakthrough for global currency. Its use has steadily increased since its creation in 2008 with more than a million people using bitcoin.
And we are no luddites here at Greenpeace! Well, at least most of the time.
Bitcoin processers charge less for processing fees than centralized banks meaning your donation means even more to protecting the environment. Greenpeace is using BitPay to process Bitcoin donations.
Bitcoin is also international meaning our global members who would like to donate and protect the planet can do so with ease.
Are you still accepting other forms of online donations including Paypal and credit cards?
You can donate here to Greenpeace with your credit card, paperless check or PayPal account.
It is highly unlikely that bitcoin will replace any of the above mentioned forms of payment in the foreseeable future. After all, it took decades for the Internet to cross over into widespread use.
Were just adding another option for those supporters who would like to use the bitcoin method.
Who else accepts Bitcoin?
Several organizations and companies are also starting to accept bitcoin acknowledging its growing use and benefits.
Companies including Overstock and Expedia, nonprofits including Wikipedia and now Greenpeace and even local food trucks are accepting bitcoin.
More merchants will most likely start accepting bitcoin as more processing options become available and the payment method becomes more mainstream.
Greenpeace could never do the work we do to ensure a healthy planet for current and future generations without our amazing members. Well continue to make it as easy as possible for individuals to contribute to a green and peaceful future.