Turning Bitcoin into Clean Water with Scott Harrison - WBD412

Mr Obnoxious

Peter McCormack

Technology, News, Politics, Money, Investing, Finance, Bitcoin

4.8 • 2.7K Ratings

🗓️ 20 October 2021

⏱️ 71 minutes

🔗️ Recording | iTunes | RSS

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Summary

Location: Remotely
Date: Monday 18th October
Project: Charity: Water
Role: Founder & CEO

Non-profit organisations have used Bitcoin to accept donations for a long time. One of the most notable examples of this was Wikileaks in 2011. When Paypal, Mastercard and Visa, refused to accept donations due to political pressure, Wikileaks looked to Bitcoin as a permissionless and censorship-resistant alternative.

Not only did this allow them to continue accepting donations, but they gained immensely from Bitcoin's astronomical price rise since then.

Charity: Water is a charity battling the global water crisis with the mission to bring clean water to every person living without it. They have accepted Bitcoin donations since 2014, but until now, they have almost instantly converted to fiat currencies, missing out on the price appreciation.

However, they have now set up a Bitcoin trust with the goal of collecting as many Bitcoin donations as possible. Ideally, this allows the trust to appreciate in value and in 2025, when they start putting the Bitcoin to work; they can hopefully help a much larger number of people.

In this interview, I talk to the Founder and CEO of Charity: Water, Scott Harrison. We discuss his journey from nightclub promoter to founding the charity, their goal to bring clean water to every person living without it, and the role Bitcoin plays in this.

Transcript

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0:00.0	People would say, okay, I'm never giving you Bitcoin if you're just going to turn it into this
0:07.0	cash trash, right? But if you're willing to hold it, I'd give it to you now. We said, we're going to call it the
0:14.4	Bitcoin Water Trust, and we're going to hold it all until at least 2025.
0:18.0	Welcome to the What Bitcoin did podcast, which is brought to you by Gemini, the only place I'm
0:22.1	using for buying Bitcoin.
0:23.4	I'm your host Pete McCormack, and this week I'm kicking off with Ledger, the world's most popular
0:27.7	hardware wallet. Now for you new Bitcoin that's out there, a hardware wallet allows you to take
0:32.1	custody of your Bitcoin, and I have been a
0:34.6	ledger customer since early 2017 I bought a nanose back then I'm still using that
0:39.8	bad boy now ledger makes it easy for you as a Bitcoin to safely manage your
0:44.4	Bitcoin using their Ledger Live software which interfaces with your
0:47.7	device and if you are an Android phone user you can connect that to your
0:51.3	Nanos and manage your Bitcoin on the go.
0:53.6	If you want to find out more please head over to ledger.com
0:56.4	which is LEDGR.com.
0:58.9	Next up we have Gemini who I am using exclusively for buying the selling Bitcoin, but I still not sold a single
1:05.4	sat through Gemini. We're in a bull market. Why would I be selling my Bitcoin? Now I've
1:10.4	started using the Gemini app for buying the D.s, but I also set up my DCA with twice monthly buys of
1:16.0	Bitcoin and I'm yet to see a better or easier interface for buying Bitcoin.
1:20.6	With a streamlined trading view, you have access to all the tools you need to understand
1:24.3	Bitcoin and start investing all through one clear attractive interface.
1:29.2	Now if you want to find out more please head over to gemini.com is GEMINI.com.
	...

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