6 Questions for Pat Duffy of The Giving Block – Cointelegraph Magazine

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Our six questions this week go to thisisPatDuffy, co-founder of TheGivingBlock, which raised over $100,000,000 in crypto for nonprofits in the last year. Check out what the biggest challenge he's faced in the industry is in our latest interview.

Teaching young crypto owners about the tax incentive to donate crypto. It’s so hard to explain to a group of people who hodl at all costs that they actually end up with larger crypto positions when they donate crypto versus donating cash . That’s been a real uphill battle, since these folks haven’t been educated on this like older folks who donate stocks every year for the same reason.I couldn’t care less, but a lot of people seem hell-bent on figuring it out.

There is much less time in the day than people think there is. All the time people spend “staying informed” directly takes away from time they’re spending bettering their life or the lives of the people they care about. Would love to see more people obsessively learning about subjects that they actually leverage to make things work better.The Flat Earth theory is the funniest one right now.

 

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