The Philanthropic Movement in Cryptocurrency

This chapter examines the growing trend of cryptocurrency donations, focusing on initiatives like Daffy that inspire financial contributions for philanthropy. It highlights how crypto enthusiasts leverage their profits for social betterment and discusses the potential tax benefits of donating crypto.

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Episode notes

In this episode of the Crypto 101 podcast, Brendan Viehman and Bryce Paul welcome Adam Nash, CEO and co-founder of Daffy, to discuss the intersection of cryptocurrency and philanthropy. Adam shares his career journey, emphasizing the importance of financial literacy and how Daffy aims to simplify charitable giving through donor-advised funds. The conversation explores the tax advantages of donating through Daffy, the unique features of the platform, and the mission to encourage generosity in a modern context.

Chapters

00:00 Introduction to Daffy and Philanthropy in Crypto

03:01 Adam Nash's Career Journey and Passion for Technology

06:01 The Importance of Financial Literacy

09:13 Understanding Donor-Advised Funds (DAFs)

11:59 How Daffy Works and Its Unique Features

15:02 Tax Advantages of Donating Through Daffy

17:52 Investment Strategies and Crypto Donations

21:06 The Flexibility of Donor-Advised Funds

23:52 Daffy's Mission and Future Goals

33:13 Security and Custody in Crypto Donations

35:37 Integrating with Robinhood for Charitable Giving