Announcing a Return to our Roots: The All-New Bitcoin Magazine

BitPay Pledges 1 BTC Match to BitGive’s “The Water Project” Campaign

by

         BitPay Pledges 1 BTC Match to BitGive’s “The Water Project” Campaign

How can you put your Bitcoin to good use? In so many ways!

One opportunity that you have to consider today is donating to the BitGive Foundation’s Water Project Campaign. The Water Project recently began accepting Bitcoin and focuses on delivering clean water to Sub Saharan Africa. As a 501(c)(3) organization, the Water Project seeks to build a foundation in communities in need of a sustainable water supply. You can be apart of this project. Most of us simply take our running faucets and clean water for granted, but many do not have access to clean drinking water.

I agree with the Water Project that, “clean water saves lives.” Donating even 5 USD in BTC can and will truly make a difference. Here is an even greater incentive for you: BitPay is pledging to match 1 BTC for funds raised.

BitPay issued the following press release:

BitPay Pledges 1 BTC Match to BitGive’s “The Water Project” Campaign

April 22, 2014 – Atlanta, GA – BitPay, the world leader in business solutions for the Bitcoin digital currency, today has pledged to match 1 BTC in donations from the Bitcoin community for BitGive Foundation’s campaign for The Water Project. BitGive is non-profit foundation leveraging the power of the Bitcoin community to improve public health and the environment worldwide.  Please help raise 1 BTC by donating here to trigger BitPay’s match.

The Water Project, Inc. is a 501(c)(3) non-profit organization unlocking human potential by providing sustainable water projects to communities in Sub-Saharan Africa who suffer needlessly from a lack of access to clean water and proper sanitation. The Water Project recently began accepting Bitcoin, and their President released this “Welcome Cryptos” message.

“We are excited to launch this first project with BitPay and get the support of the Bitcoin community,” said Connie Gallippi, Executive Director. “And their donations will directly improve the lives of those in the Sub-Saharan Africa.”

This campaign, led by the BitGive Foundation, would fund an entire water project for a community in Sub-Saharan Africa.  When the funding goal is met, the location, pictures and updates will be posted to the Bitcoin-funded water project.  See examples of current and past water projects.

This is one of many charitable efforts by BitPay, a long-standing leader in the Bitcoin community.  BitPay also provides their services at no cost to non-profit organizations, and they are ongoing supporters of Sean’s Outpost, BitGive, and many other organizations.  Please visit and learn more about BitPay.

More on The Water Project and the BitGive Foundation’s campaign can be found here .

About BitPay

BitPay is the leading Payment Service Provider (PSP) specializing in e-commerce, brick-and-mortar and B2B solutions for virtual currencies. Visit bitpay.com

About BitGive Foundation

BitGive is a non-profit foundation [IRS 501(c)(3) status pending] leveraging the power of the Bitcoin community to improve public health and the environment worldwide. Visit: bitgivefoundation.org.

Contact

Jan Jahosky

407-331-4699

jan@bitpay.com

Recommended

Ten Years Later, a Reflection on Bitcoin’s Genesis and Satoshi’s Timing

Rather than focusing simply on what the genesis block is, today is a day to reflect on what the genesis block represents.

Colin Harper

Op Ed: From Gray To Black and White: Traditional Regulations Come to Crypto

For the crypto industry, recent developments — at both the federal and international levels — signal that the time for plausible deniability or unregulated freedom is coming to an end and more traditional regulations are moving to the forefront.

Courtney Rogers Perrin and Joshua Lewis

Bitcoin Price Analysis: Blowing Through Support Levels on the Way to $3,000

Bitcoin continues to tumble lower and lower as it struggles to claim any footing in the market. It’s down almost 50% in three weeks and it’s showing very little sign of stopping. It’s currently clutching onto the $3,500 values but it doesn’t look like it can hold on much longer.

Bitcoin Schmitcoin

Op Ed: SEC’s Latest Declaration Creates Legal Minefield for Digital Assets

This broad, authoritative declaration is not unexpected, as, to date, the SEC has stated that all digital assets — regardless of whether they function as alt coins or utility tokens — are securities at least initially and, thus, subject to its jurisdiction.

Huhnsik Chung and Nicholas Secara