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Replying to Avatar daomah

Does anyone attend a church that accepts #bitcoin donations? How does that work? I assume it is treated similarly by the IRS as far as being a tax-free institution goes? What about the tax writeoff the donator? Would that be the value at the time the donation was given?

And how does holding the sats practically work? A hardware wallet? Multisig?

#asknostr #plebchain #christian

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PastorGary 1y ago

Our church accepts BTC for tithes and offerings, we are in Australia so they aren’t tax deductible.

I feel anyone in a church that gives just for a tax deduction is giving for the wrong reasons.

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