In this episode, you're going to learn how Bitcoin can be used to reduce transaction costs for international charities, why Bitcoin is a strong endowment asset for nonprofits, what legal barriers prevent charities from holding Bitcoin, why El Salvador is becoming a hub for Bitcoin adoption, and how Bitcoiners can shape the future of philanthropy.

Andrew’s legal career began in traditional corporate law, but his passion for Bitcoin and financial sovereignty led him to explore how Bitcoin intersects with philanthropy and non-profit structures.

A dual citizen of Canada and El Salvador, Andrew has a unique perspective on Bitcoin’s role in global finance, particularly in El Salvador’s groundbreaking adoption of Bitcoin as legal tender. His firsthand experience navigating Bitcoin payments, governance, and regulation makes him a valuable voice in the evolving landscape of Bitcoin and law.

Timestamps:

[00:00] Introduction  

[01:00] How Bitcoin can help charities long term

[04:30] Early exposure to Bitcoin in high school

[06:20] Bitcoin’s impact on El Salvador

[07:30] The significance of Bitcoin as legal tender

[08:50] Bitcoin adoption in El Salvador

[11:25] Government policies and Bitcoin regulation

[12:40] Jamie Dimon’s stance on banning Bitcoin

[13:55] The challenges of regulating Bitcoin

[15:10] Government overreach and financial control

[16:30] The role of local governance in Bitcoin adoption

[17:50] The libertarian perspective on Bitcoin

[19:05] Bitcoin as a tool for financial sovereignty

[20:20] Why some countries embrace Bitcoin while others resist

[21:45] The impact of Bitcoin on Canadian financial policies

[23:00] How Bitcoin can help nonprofits and charities

[24:15] Reducing transaction costs with Bitcoin

[25:30] Bitcoin as an endowment asset for charities

[26:50] The financial struggles of modern charities

[28:10] Why traditional donation models are failing

[29:25] How Bitcoiners can support charities

[30:40] The legal challenges of charities holding Bitcoin

[32:00] Tax implications of Bitcoin donations

[33:20] Potential policy changes to support Bitcoin philanthropy

[34:40] Countries with favourable Bitcoin donation policies

[36:00] Bitcoin as a long-term savings tool for charities

[37:15] Encouraging nonprofits to accept Bitcoin

[38:30] Michael Saylor’s impact on Bitcoin philanthropy

[39:45] The future of Bitcoin in charitable giving

[41:00] How Bitcoiners can shape philanthropy

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Connect more with Andrew on LinkedIn.

Learn more about Outsiders Law on X, Instagram and their website.

Resources Mentioned:

Bitcoin White Paper | Article

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Scott Dedels | X

Block Rewards | Instagram

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Block Rewards | LinkedIn