Alex Wilson (The Giving Block) on crypto philanthropy (EP.268)
On The Brink with Castle Island
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Donating Crypto Currency to a Charity?
The tax component is certainly a major driver of this, and it's really a benefit of both the non profits and the donors. So you can imagine how anyone who is probably smart enough to make a lot of money on cripto, ritis is smart enough did not want to pay 20 or 30 % tax and then donate less. There's even a tax arbitrage opportunity, really, right? If you're already donating, let's say, a thousand dollars a month to a charity that you really like, donate that same amount with your bick coin holdings and repurchase a thousand dollars worth of bicg coin. And you've just raised your cost basis, right? It
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