nostr:npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l or any #Christian in #Bitcoin, we’re recording this week on #BitcoinReformationPodcast why churches and nonprofits should adopt bitcoin as a reserve asset - do you have any experience responding to people’s concerns? Are they typical? What do people need to hear from three pastors about Bitcoin?
Discussion
Good question. This keynote by nostr:nprofile1qqs8k0mcqd6sw3h524qn5gslszt9am9knmes3uh268dgnnpv3yfwj6qpzamhxue69uhky6t5vdhkjmn9wgh8xmmrd9skctcppemhxue69uhkummn9ekx7mp0qyw8wumn8ghj7mn0wd68yttsw43zuum9d45hxmmv9ejx2a30y7ph8a is def worth the listen given the context https://youtu.be/5NsiNFHWsEo
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Encouraging church members to hold bitcoin and to give as needs arise seems pretty straightforward. As soon as it comes to the church entity holding bitcoin it gets more complicated. Custody, key management, how about as people leave, how to spend the bitcoin, etc. Many churches in US are registered as 501c3 organization. Compliance with corporate and tax laws etc. the actual mechanics rather than just concepts don’t yet seem to have any best practices.