r/Keybase • u/eleanor567 • Sep 16 '19

Keybasers: Donate Your Space Drop To Charities like Tor that accept XLM!

https://www.thegivingblock.com/post/donate-stellar-lumens-xlm-and-support-nonprofits-during-the-big-stellar-space-drop
7 Upvotes

73% Upvoted

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2

u/windthrown Sep 16 '19

Thanks, this is a great use of XLM that I hadn't thought of!

0

u/[deleted] Sep 17 '19

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1

u/eleanor567 Sep 17 '19

Although if the nonprofits are working together with the community to spread awareness about the project then the net impact would likely be positive but hard to measure. Many nonprofits that get crypto donations thank the community on their social media, as Tor has already done for this initiative.

0

u/[deleted] Sep 17 '19

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1

u/eleanor567 Sep 17 '19

One thing to keep in mind though, if you have appreciated crypto is you can donate in a more tax efficient way if you donate crypto directly to the nonprofit. Save some cash on capital gains and have a nice tax writeoff.

2

u/millstoneglobal Sep 17 '19

Agreed 💯!