/PRNewswire/ Compassion International, one of the largest nonprofit organizations in the US and a world leader in child development, today announced a.
Michele Bilbrey owns Suede Salon in Old Town Scottsdale. The salon accepts Bitcoin.
We talked with a Scottsdale small-business owner and one of the nation’s biggest nonprofits to learn how cryptocurrencies impact their bottom lines.
Suede Salon s Story
In Old Town Scottsdale, Suede Salon owner Michele Bilbrey seats clients in front of a big mirror with a small sign–just three words: Bitcoin accepted here.
If customers ask, Bilbrey tries to explain but she says mostly their reactions are, “Overwhelming. I don’t even understand it. Don’t even start because I will never get it.”
Simply put, a cryptocurrency is a digital form of money. But cryptocurrency is not simple. No national government issues a cryptocurrency and there are no physical coins or bills.
Salvation Army Hawaii lands generous âcrypto kettleâ donation
Salvation Army Hawaii lands generous âcrypto kettleâ donation By Mark Carpenter | December 23, 2020 at 2:41 PM HST - Updated December 23 at 5:34 PM
HONOLULU, Hawaii (HawaiiNewsNow) - With fewer Salvation Army red kettles out in the community this year due to the pandemic, donations through the program are down 37% compared to last year.
But thanks to Wally Tsuha, a resounding jingle at Salvation Army headquarters Wednesday morning.
Tsuha donated two bitcoins to Salvation Army, which are worth about $50,000.
While the currency is digital, the non-profit is receiving real dollars.
Tsuha, a longtime business executive, made his fortune working in the automotive electronics industry and starting his own corporation.