Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

How Donating Crypto Can Help You Save on Taxes - Ep.94

How Donating Crypto Can Help You Save on Taxes - Ep.94

FromUnchained


How Donating Crypto Can Help You Save on Taxes - Ep.94

FromUnchained

ratings:
Length:
65 minutes
Released:
Nov 27, 2018
Format:
Podcast episode

Description

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
Released:
Nov 27, 2018
Format:
Podcast episode

Titles in the series (100)

Crypto assets and blockchain technology are about to transform every trust-based interaction of our lives, from financial services to identity to the Internet of Things. In this podcast, host Laura Shin, an independent journalist covering all things crypto, talks with industry pioneers about how crypto assets and blockchains will change the way we earn, spend and invest our money. Tune in to find out how Web 3.0, the decentralized web, will revolutionize our world. Disclosure: I'm a nocoiner.