ChangeTip Now Lets Users Redirect Tips to Charity

By Stan Higgins

Micropayments startup ChangeTip is launching a new feature that allows users to automatically direct any tips they receive to charitable causes.

The US-based bitcoin company has initially partnered with the BitGive Foundation, enabling users to pass on bitcoins they receive to support the organization directly.

The 'tip-redirect' function will see more options and improved functionality as development progresses over coming weeks and months, according to ChangeTip.

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How To Donate Bitcoin To Charity And Get A Big Tax Deduction

By Bryan Clontz

Virtual currencies have been much in the news the last few years,  with Bitcoin getting by far the most attention.  That’s partly because of its incredible growth in value, going from less than $1 in early 2011 to nearly $1,000 at the end of 2013, before dropping into the mid-hundreds throughout 2014.

A virtual currency functions much like traditional (or “fiat”) currency, but all transactions occur online, and it is not regulated by any government. Bitcoins are created through the process known as “mining,” which involves verifying all Bitcoin transactions as they occur, and hence limits the supply of the currency. 

People obtain Bitcoins by creating digital “wallets,” which allow them to deposit fiat currency and then transmit it to other wallets in exchange for virtual currency. Wallets are the primary method of transmittal for consumers, and each user has a unique key they share to send or receive Bitcoins.

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Ferguson Public Library Embraces Bitcoin Donations Amid Unrest

The library is one of the only businesses still open in #Ferguson, and it's now accepting bitcoin donations.

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AMERICAN RED CROSS TO ACCEPT BITCOIN DONATIONS THROUGH BITPAY

As Black Friday and Bitcoin Black Friday get closer, shoppers around the world can’t wait to score amazing deals this holiday season. However, the holiday season isn’t just about spending, but also about giving back to the community. And now, starting this Friday, with the support of BitPay, consumers will be able to make bitcoin donations […]

The post American Red Cross to Accept Bitcoin Donations Through BitPay appeared first on CryptoCoinsNews.

--(Published @ November 26, 2014 at 04:50PM by www.bitcoins.am Instant Real-time Bitcoin News Aggregation Source- From: ) ‪#‎bitcoinnews

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