“We’ve been watching what’s been happening in the cryptocurrency world in the last sixth months to a year, and we first saw a need for it in the giving and nonprofit space,” he said.
Victory Media is assisting Spokane Valley-based HRC Ministries with accepting bitcoin donations on the nonprofit’s website via Coinbase, a cryptocurrency exchange platform.
“Right now with COVID-19, there’s a lot of hungry families that we help at HRC, and I think a lot of people also don’t have a lot of extra cash at the moment,” said Caleb Altmeyer, executive director of HRC Ministries.
Chairman and CEO Tilman Fertitta told CNBC on Tuesday that most of his restaurant chain’s brands will soon accept Bitcoin as payment within the next three months.
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