0 sats \ 2 replies \ @siggy47 11 Nov 2022 \ parent \ on: Anita Posch AMA bitcoin
I'm sorry to hear that. Perhaps your tax burden could be alleviated since it's a charity. As a retired US lawyer, I'm familiar with the non profit laws in the US. Surely there must be some similar structure in your jurisdiction. Perhaps a local lawyer could help you out?
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0 sats \ 1 reply \ @anita OP 11 Nov 2022
Thanks for your concerns. It's not a registered charity. I didn't want to go that route in the first year, because I had no idea if I'd get any funds at all. Since my goal is to spend everything before the end of the year, the tax burden should be not too high.
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0 sats \ 0 replies \ @siggy47 11 Nov 2022
In any event, best of luck. I will follow your progress and I'll keep donating. I feel like Africa can benefit most from bitcoin, and that bitcoin can benefit most through Africa
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