Demystifying Cryptocurrencies for Nonprofits
Advancing technology is not only changing the way organizations like yours receive donations – it’s changing the very currency that you receive.
Cryptocurrency, like Bitcoin or Litecoin, is already starting to reshape the economy. Your organization needs to be ready to accommodate digital money as more and more donors start using it – because you never want anything to hinder a donor’s eagerness to support your mission.
In this course, Dunham+Company Chief Strategist of Social Media and Innovation Nils Smith gives a comprehensive overview of cryptocurrency that will help you dive into the world of digital money.
You will learn…
- What cryptocurrency is and how it works
- The advantages of using cryptocurrency
- Practical steps for receiving digital money
- How cryptocurrency might shape our future economy
So get Demystifying Cryptocurrencies for Nonprofits today – and start preparing for the future of money!
In this brief session, Nils introduces cryptocurrency – an exciting financial innovation that he believes is the future of money.
Session 1: What is Cryptocurrency Anyway?
Session One explains what cryptocurrency is and how it works, touching on subjects like Blockchain technology and Bitcoin, so you can develop a solid foundation for understanding digital money.
Session 2: Why are There So Many Different Cryptocurrencies?
Bitcoin isn’t the only cryptocurrency out there. In fact, there’s more than a thousand, including Ethereum, Litecoin, and even Clean Water Coin. Discover more about the various types of cryptocurrencies available and learn why the options are so vast.
Session 3: What are Some of the Advantages of Cryptocurrency?
Do we really need a new form of money? In Session Three, Nils outlines four advantages of cryptocurrency that are fueling its growth. He addresses topics such as protection from identity theft, accelerated transaction speed, and more.
Session 4: What Should Nonprofits Do with Cryptocurrencies Today?
It’s time for your organization to enter the world of digital money. Nils gives practical advice in Session Four about how to receive donations in cryptocurrency and what to do with them once they’re collected.
Session 5: A Few Predictions for the Future
Nils ends the course by offering a few expert opinions about the future of digital money, how it will be controlled, how it will affect our economy, and what it means for the future of your organization.
Nils joined the Dunham+Company team in 2016. With his extensive background in social media, innovation, and communication, Nils helps our clients create more impact through the latest social media and online best practices.