Donors Use Bitcoin for Tax Benefits and to Keep Tabs on Spending

Donors Use Bitcoin for Tax Benefits and to Keep Tabs on Spending

Brad Hines at his home in Hingham, Mass. After Hurricane Irma, he donated money to the Red Cross in Bitcoin. “I want to pitch in and help get the currency adopted,” he said. Like many Americans, Brad Hines spent much of September watching hours of hurricane coverage on television. For Mr. Hines, a digital marketing strategist in Boston, the storms hit close to home: Several family members in Florida were affected by Hurricane Irma. As the devastation unfolded, he opened his computer and donated money to the Red Cross, but it was not in cash. He gave in Bitcoin, […]