Greenpeace USA Signs Up for Bitcoin Donations

Greenpeace has announced that it will start accepting bitcoin donations through payment processor BitPay.

AccessTimeIconSep 22, 2014 at 1:32 p.m. UTC
Updated Sep 11, 2021 at 11:11 a.m. UTC
CoinDesk - Unknown

Environmental campaign organization Greenpeace has announced it will start accepting bitcoin donations in its USA division via a partnership with payment processor BitPay.

The move offers cost savings for the organisation, as well as the possibility of tapping into new sources of funds.

does not accept donations from corporations or governments, instead, the nonprofit relies on individual donations. This practice comes with a drawback, however, since the cost of many, relatively small, transactions can easily add up.

This largely because credit card companies and other traditional payment providers usually charge nonprofits the same as commercial organisations, about 34% per transaction.

Bitcoin, though, offers significant savings for charities by doing away with these fees.

Bitcoin's cost benefit


and other payment providers like Coinbase do not charge fees for nonprofits, meaning the entire donation is delivered to the charity.

BitPay non-profit account manager Elizabeth Ploshay said the company strives to bring bitcoin to nonprofits like Greenpeace.

"For each bitcoin donation, Greenpeace gets 100% of what is being donated, increasing the amount of each donation received,” she said.

Ben Kroetz, Greenpeace USA director of online strategy, explained why the organisation chose BitPay to process its bitcoin payments:

“BitPay’s reputation as a trusted and secure third-party bitcoin payment processor made it easy for us to begin accepting bitcoin, thus opening us up to new markets and donors.”

Unrealised potential

Bitcoin's proponents have long been arguing that digital currencies offer a range of potential benefits for charities. Bitcoin transactions can be cheaper and faster than traditional payments, while at the same time offering more possibilities for charities and donors through various escrow and multi-signature services.

However, the promise of bitcoin charities has not been fully realised yet. Although a number of successful nonprofits such as homeless outreach Sean’s Outpost were created by bitcoin enthusiasts, most mainstream charities have steered clear from digital currencies.

This is now starting to change, though. Earlier this month, United Way Worldwide, which raised $5bn last year, became the biggest privately held charity to accept bitcoin via Coinbase.

Wikipedia and a number of open-source software organisations have also decided to start accepting bitcoin donations.

Greenpeace is the most recognisable environmental charity in the world, with more than 2,400 employees and 15,000 volunteers, hence its decision to embrace bitcoin can be viewed as another seal of approval for the concept of utilising digital currencies for low-friction fundraising.

Disclaimer: CoinDesk founder Shakil Khan is an investor in BitPay.

Greenpeace ship image via Will Rose / Greenpeace


Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.


CoinDesk - Unknown
Three Arrows Paper Trail Leads to Trading Desk Obscured Via Offshore Entities

As Three Arrows Capital collapsed under market pressure, its much-lesser known trading desk, TPS Capital, remained active, sources say. But a complex ownership structure might frustrate creditors' efforts to collect.

CoinDesk - Unknown
CoinDesk - Unknown
June Was Bitcoin’s Worst Month Ever

Plus, European crypto regulation comes into view.

CoinDesk - Unknown
CoinDesk - Unknown
What Traders Are Saying About Bitcoin's Biggest Monthly Loss in 11 Years

Poor macroeconomic sentiment, fears of inflation and systemic risks from the crypto market pushed the cryptocurrency below 2017’s highs.

CoinDesk - Unknown
CoinDesk - Unknown
Three Arrows Capital Files for Bankruptcy in New York Tied to British Virgin Islands Proceeding

A British Virgin Islands court ordered Three Arrows' BVI branch into liquidation earlier this week.

CoinDesk - Unknown