2018-6-19 21:29 |
The Freedom of the Press Foundation (FPF) now officially accepts donations made with cryptocurrencies, the non-profit announced Monday.
The move is “a natural fit” for the organization, which aims to support journalists reporting on issues within governments, said executive director Trevor Timm.
FPF – which will now accept bitcoin, bitcoin cash, ethereum, litecoin and zcash – currently has digital wallets available for direct donations, he said, although the aim is to ultimately utilize a payment processor to automatically convert the donations into fiat currency.
Decentralized technology is a tool that can help prevent online censorship, as well as prevent surveillance by certain parties, according to Timm.
Perhaps in recognition of that mission, blockchain startup Mainframe has already made the first crypto donation, sending 1,000 ether (around $498,000 at press time) to the foundation.
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