#34 - Ismael Dainehine: Why BITCOIN Is My Last Hope For Truly IMPACTFUL Charity

I've never been a fan of MyTenNights (MTN), the charity platform that has facilitated over $100m of donations by offering timed contributions on the Night of Decree (laylatul-qadr) in the month of Ramadan. Now it seems that the person who founded it, Ismael Dainehine, isn't too much of a fan of what he built either!

We spoke about his recent and very significant turning point in how he understands the purpose and contemporary reality of charitable activities, and also how the absence of a sound monetary system undermines the possibility of the very outcomes that aid is intended to achieve.

Now Ismael's focus is fully on EverGive, a Strategic Bitcoin Reserve for social impact. I challenged him on various aspects of the existing operational model and we discussed what the future might hold for this new offering.

Check out EverGive: https://www.evergive.com

Ismael's latest thought piece: https://www.evergive.com/blog/when-money-loses-its-soul-society-rots-from-within

Follow Ismael: https://www.linkedin.com/in/ismael-dainehine-668776a7/

(0:00) Headline proposition

(0:27) In what way is charity broken?

(15:39) More on sustainability

(19:30) Addressing the root problem

(34:38) Is MyTenNights shutting down?

(51:09) How does EverGive work?

(57:23) Why a Bitcoin-based endowment?

(1:05:45) End-to-end Bitcoin aid

(1:13:02) Onboarding charities

(1:15:17) Spiritual & economic liberation

(1:17:25) How Ismael spends his time

(1:21:21) A more universal approach

(1:23:29) Life lessons & reflections