The Human Rights Foundation (HRF), a non-profit charity based in New York, recently announced that it is now accepting donations in Bitcoin (BTC), the world's most valued digital currency.
HRF revealed the development in a tweet on March 10, saying that it's able to debut support for Bitcoin donations through BTCPayServer, an open-source digital currency payment processor, to ensure donor privacy is protected.
According to the chief strategy officer of the HRF, Alex Gladstein, "BTCPay Server helps protect the privacy of donors; has no centralized entity that would collect or exploit user information; and is nicely customizable".
The organization explained in a webpage dedicated to Bitcoin donations that the cryptocurrency can be an ideal tool of freedom, particularly for people in a closed society or anyone facing sanctions, capital controls, hyperinflation, and financial surveillance.
The Human Rights Foundation is a non-profit driven organization that purports to protect and fight for human rights worldwide, with a major focus on people in closed societies. The donations on BTC will assist them in researching and advocating for people's rights across the world.
Meanwhile, the non-profit organization has already been accepting donations in Bitcoin for the past six years (2014). However, this is the time HRF adopts a payment processor to further support BTC donations.
Not only Bitcoin, but the foundation also supported donations in other cryptocurrencies, such as Ether (ETH), and other privacy-focused digital currencies like Zcash (ZEC) and monero (XMR) and zcash (ZEC), as per the website.
It's worth noting that cryptocurrencies are making it much easier to donate funds to charities and projects faster while also protecting the donors' privacy. The Human Rights Foundation is, however, not the only organization that supports donations in digital currency.
As of October 2019, UNICEF rolled out a cryptocurrency fund for donations in two most valuable cryptos, Bitcoin and Ether.
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