Save the Children Dives Into Bitcoin Fund: A Bold Move or Just Another Crypto Fad?

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Ah, Save the Children. Always one for a good cause, but now with a twist of crypto-craziness. The international NGO has launched a Bitcoin Fund, yes, you heard that right, a fund designed to hold bitcoin donations for years to come. Oh, the times we live in! Forget the good old-fashioned donations in cold hard cash-this is the future: BTC and its volatile magic. For the curious among you, here are some juicy numbers:

BTC value: $91,402 💰

24h volatility: 2.4% (because who doesn’t love a bit of unpredictability?)

Market cap: $1.82 Trillion, yes, that’s trillion with a “T” 💸

24h Vol.: $50.80 Billion – because why not aim for the stars? 🚀

The Bitcoin Fund, launched on December 11, is a novel step for the charity. Instead of immediately converting crypto donations into the safer shores of fiat currency, the NGO is taking its sweet time, letting the cryptocurrency float around for a bit. They’re even testing blockchain-based payment tools! In their own words: “Let’s see if we can get money to those in crisis faster than traditional finance, darling.”

How the Bitcoin Fund Will Operate

This isn’t just a “let’s hoard some coins” initiative. The Bitcoin Fund is being hailed as a “bitcoin-powered humanitarian solution,” because, obviously, why wouldn’t you want crypto to help those in need? Its mission? To slash those frustrating delays we all know too well in cross-border aid transfers. There are whispers of newfangled digital wallets, vouchers, and even stablecoin distributions. If that doesn’t sound like the future, I don’t know what does.

And here’s the kicker-Save the Children gets to play around with Bitcoin’s operational uses beyond just fundraising. They’ve teamed up with Fedi to pilot community wallets and low-fee bitcoin transfers, because why just give aid when you can also innovate on how people spend it?

Looking ahead, the Bitcoin Fund could even help during emergencies-imagine US hurricanes or wildfires where money flows faster than you can say “blockchain,” bypassing the slowpoke traditional banking channels. It’s almost like Bitcoin was designed for this, right? 🧐

Save the Children Has a Long History With Bitcoin

Of course, this isn’t the charity’s first foray into the world of cryptocurrency. No, no-Save the Children US first accepted a bitcoin donation back in 2013 during the Typhoon Haiyan response, making them the first international NGO to ever do so. Talk about being ahead of the curve! Since then, they’ve expanded their crypto-acceptance empire, accepting donations in numerous cryptocurrencies, thanks to partnerships like The Giving Block. By early 2024, they’re expecting to have raised a whopping $8 million in crypto for projects in over 100 countries. Not bad for a bunch of child-focused do-gooders, eh?

Currently the NGO accepts donations in almost any crypto | Source: Save the Children

With operations in 113 countries, including conflict zones, climate disasters, and prolonged crises, Save the Children is no small player. In fact, they supported around 66.1 million people globally in 2024, including 41.2 million children. They’re increasingly being hailed as one of the biggest pioneers in crypto philanthropy, and let’s face it, they’re probably saving the planet one BTC at a time.

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2025-12-12 00:28