Support rainforest conservation and regeneration by making a tax-deductible crypto donation today!
The Power of Cryptocurrency
Deforestation of the world’s most biodiverse ecosystems is a consequence of economic incentives. Therein lies the solution.
Following the ethos of cryptocurrency, we use direct cash payments to shift land-use practices. Short-term payments are made to local farmers for regenerating their degraded farmland with a mix of native tree species and shade-grown cacao.
The native trees restore wildlife habitat and help fight climate change by sequestering carbon from the atmosphere, while the shade-grown cacao provides the landowner with an independent and sustainable revenue stream over the long-term.
By donating cryptocurrencies using the dedicated form you can help reverse tropical deforestation, support local families, and protect endangered species at the same time. And, donation of cryptocurrencies is a non-taxable event, meaning you do not owe capital gains taxes on the appreciated amount and can deduct it from your taxes.
Bitcoin Endowment Fund
While we accept all cryptocurrency donations, Bitcoin is in a class of its own. Here at TMA, we believe that Bitcoin is the best store of value and savings technology on the planet. For this reason, we have elected to hold any Bitcoin donations long-term in a BTC Endowment Fund.
The TMA Bitcoin Endowment Fund is specifically designed to build financial sustainability within our organization over the years ahead and establish a permanent fund to maximize our ability to confidently scale up the impact of our community-based conservation activities in Ecuador. Use the donation form above to contribute to our BTC Endowment Fund today.
A Note on Bitcoin & the Environment
Cryptocurrency, and Bitcoin in particular, has received significant negative press for their supposed negative impact on the environment. Governments, organizations, and news outlets have all attacked Bitcoin for its impact on global climate change and excessive use of power. Headlines such as “Bitcoin mining is on track to consume all of the world’s energy by 2020” have commonly graced the covers of most mainstream media outlets over the past 8-10 years.
While it is true that Bitcoin requires a significant amount of energy, the truth about its environmental impact is much more nuanced. In fact, when digging into the details further (see below), it’s becoming undeniable that Bitcoin has the potential to be a powerful tool for good in the fight against climate change and supporting underserved populations around the globe.
Our team at TMA knows this because we put in the work to understand the complexities of Bitcoin and its environmental impact prior to deciding to accept it as a form of donation. Today, we wanted to share some key resources from our research about Bitcoin to help educate others about its potential to be used as a powerful tool for good.
Articles:
Bitcoin – Let’s Start From Scratch. By Daniel Batten
Bitcoin’s Energy Usage Isn’t a Problem. Here’s Why. By Lyn Alden
Bitcoin’s Role in the ESG Imperative. By KPMG
Bitcoin and the Energy Transition. By Margot Paez & Troy Cross
The Humanitarian and Environmental Case for Bitcoin. By Alex Gladstein
Why Bitcoin is the World’s Best ESG Asset. By Daniel Batten
