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The world's first Bitcoin-based charity, BitGive Foundation, intends to use "cryptocurrency" donations to support "worthy causes".

"While you’re out spending your Bitcoins on fancy cocktails at swaggy midtown haunts, other cryptocurrency champions have been working to set up the BitGive Foundation, a non-profit that will solicit donations from the Bitcoin community and make gifts in its name. The goal of the charity, which will be helmed by Connie Gallippi, is to amass a multi-million dollar Bitcoin fund that can be used to make charitable donations to worthy causes in the public health and environment sectors." -- Jessica Roy, betabeat.com

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