RATE Group | Bitcoin to Help Cure Cancer – Finance and Funding
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Bitcoin to Help Cure Cancer – Finance and Funding

28 Dec Bitcoin to Help Cure Cancer – Finance and Funding

Posted at 18:53h in Bitcoin News by

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Bitcoin to Help Cure Cancer

American non-profit organization, American Cancer Society (ACS) announced it has started accepting donations in Bitcoin.

The ACS particularly said that the foundation now accepts donations in Bitcoin through the Bitcoin payment service provider, BitPay.

The non-profit organization focuses on funding cancer research and sees Bitcoin as a medium to provide donors with an extra outlet for donations. The ACS’s executive, Brant Woodward spoke concerning the development. He said cancer affects people from all walks of life.

“Our mission is urgent and in order to accomplish it, we need to engage donors,” Woodward added.

CEO of BitPay, Stephen Pair also said that by accepting Bitcoin donations, charitable organizations attract new donors.

Besides, the non-profit organization claims to rely mostly on grassroots fundraising, particularly among people in their forties and fifties. Furthermore, Woodward said he believes that more and more people utilize cryptocurrency. Thus, young people are…

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