Turning Bitcoin into Clean Water with Scott Harrison - WBD412

Location: Remotely
Date: Monday 18th October
Project: Charity: Water
Role: Founder & CEO


Non-profit organisations have used Bitcoin to accept donations
for a long time. One of the most notable examples of this was
Wikileaks in 2011. When Paypal, Mastercard and Visa, refused to
accept donations due to political pressure, Wikileaks looked to
Bitcoin as a permissionless and censorship-resistant alternative.


Not only did this allow them to continue accepting donations, but
they gained immensely from Bitcoin's astronomical price rise
since then.


Charity: Water is a charity battling the global water crisis with
the mission to bring clean water to every person living without
it. They have accepted Bitcoin donations since 2014, but until
now, they have almost instantly converted to fiat currencies,
missing out on the price appreciation.


However, they have now set up a Bitcoin trust with the goal of
collecting as many Bitcoin donations as possible. Ideally, this
allows the trust to appreciate in value and in 2025, when they
start putting the Bitcoin to work; they can hopefully help a much
larger number of people.


In this interview, I talk to the Founder and CEO of Charity:
Water, Scott Harrison. We discuss his journey from nightclub
promoter to founding the charity, their goal to bring clean water
to every person living without it, and the role Bitcoin plays in
this.