Some of America’s biggest companies are responding to public pressures to donate to anti-racism campaigns and publicly stand by the black community following the death of George Floyd while in police custody.

A number of companies have released statements pledging support to the black community. $5 billion has been donated in 2020 however, in 2024 no one really knows where the money is. 

This raises a concern about the effectiveness of the traditional organizations identified as recipients of the pledges that remain.

If $5B was donated to BLKLUV[ORG] everyone would be able to trace every cent on blockchain by simply searching the donors wallet address to verify the donation. As the most transparent blockchain nonprofit in the world we removed ourselves from the traditional donation process to create a new donation model called H2H (Heart-2-Heart) that involves Bitcoin Love Cash Money (L$VE $RNT HAI$ $CBO) being donated to another human. BLKLUV[ORG] developed all purpose economy platforms to allows tribe members to work together with no middleman fees, ads or algorithms.

How Blockchain Solves The Issues of Nonprofits

It can be hard to fathom how a technology that’s most often associated with cryptocurrencies connects with a nonprofit. But why not? Blockchain-based solutions have been implemented in many sectors — from art authentication, to smart business contracts, to digital voting, and even to business process management.

Essentially, the only way a nonprofit differs from a commercial company is that its primary objective is not to make money. So, what makes people accountable in their roles? Reporting, transparency, and general openness in what they do. Blockchain provides nonprofit organizations with the opportunity to account for their activities, track the passage of funds from the donor to the beneficiary, and show that the latter’s employees are fulfilling their actual obligations.

When funds just seem to ‘disappear’ or cash solutions are proving tricky, employing blockchain for nonprofits can help to hold these organizations accountable for how exactly funds are being used. As every transaction is intricately recorded, any misuse of funds becomes apparent.

Many cryptocurrency transactions are pseudonymous and don’t require the disclosure of your real world identity, which may ease some of the apprehensions about racial discrimination in Finance 1.0. It becomes much harder to perceive racial identity in a world where people’s real identities are obfuscated. Cryptocurrency, specifically $LUV, solves many of the issues with systemic racism.

Billions of dollars have been donated and pledged to foundations that don’t have a clear objective to how the donations will end systemic racism or where the money is going. Donations need to be given to those who have a solution to create a better future that we can all benefit from.

New Money, Who Dis?

Bitcoin is America's preferred form of payment that can be exchanged online for goods and services. Part of the appeal of this technology is its security. Blockchain is the solution for the many complaints from African Americans in regards to their creations, inventions, and trends being patented by culture vultures. Blockchain allows us to claim ownership and benefit from their imagination.

Investor, Travis Kling, best defines bitcoin as a “non-sovereign, hard-capped supply, global, immutable, decentralized, digital store of value.” Bitcoin is also a censorship-resistant hedge against inflation and the most significant monetary experiment in human history.

Founded by Satoshi Nakamoto in 2009, bitcoin is the world’s first cryptocurrency. Bitcoin is stored and exchanged securely on the internet through a digital ledger called a blockchain. A blockchain is a growing list of records, called blocks, that are linked using cryptography. Each block contains a cryptographic hash of the previous block, a timestamp, and transaction data. Bitcoin is divisible into smaller units known as satoshis with each satoshi worth 0.00000001 bitcoin.

Invented initially to be “electronic cash,” bitcoin has become an attractive investment and store of value often compared to gold as “digital gold.” Bitcoin has the world’s largest market cap compared to other cryptocurrencies. Owning bitcoin is advantageous for many reasons, including its decentralization, lower fees compared to traditional online payment methods, and especially the removal of bias.

Author of Bitcoin & Black America, Isaiah Jackson believes that by continuing to deposit money into banks, Black people continue to feed a system that does not have our best interests at heart. “All those deposits would enrich banks which encouraged redlining, denied loans to qualified applicants, and even beyond race, bankrupt the entire financial system in 2008,” says Jackson.

By combining finance and technology to ensure our economic survival in America, bitcoin lays the foundation for building generational wealth and leverage.

Now, let’s break down the 2020 donations to racial equality if they were in Bitcoin:

1. $5 billion (donated to BLM) converted to Bitcoin in 2020 would be worth thirty-six billion five hundred million in ₿ today.
2. $100 million (donated to bail relief) in Bitcoin would be worth seven hundred thirty million in ₿ today.
3. Bitcoin has increased by 246% since the pandemic, so now just imagine if your stimulus check was in the form of Bitcoin.

What is Bitcoin Love Cash Money?

Dr. King, focused on the role of love as key to building healthy communities and the ways in which love can and should be at the center of our social interactions. Love was not a mushy, romanticized, or easily dismissed emotion, but was central to the kind of community he envisioned.

Dr. King, referred to it as a way to teach love and unite the world that has been divided. The three forms of love which are key to the human experience: “eros,” “philia,” and most importantly “agape.”

Agape love was the center of the movement Dr. King was building; it was the moral imperative to engage with one’s oppressor in a way that showed the oppressor the ways their actions dehumanize and detract from society. He said,

“In speaking of love we are not referring to some sentimental emotion. It would be nonsense to urge men to love their oppressors in an affectionate sense[…] When we speak of loving those who oppose us […] we speak of a love which is expressed in the Greek word Agape. Agape means nothing sentimental or basically affectionate; it means understanding, redeeming goodwill for all men, an overflowing love which seeks nothing in return.” -Dr. Martin L. King

King further defined agape as a love that demanded that one stand up for oneself and tells those who oppress, that what they are doing is wrong.

Here are the benefits of donating Love Cash Money.

💲Donating Cryptocurrency Is Tax Efficient for Cryptocurrency HODLers

Donating cryptocurrency like Bitcoin to 501(c)3 nonprofit organizations is tax deductible* in the United States helps donors reduce their tax obligations while supporting organizations whose missions they care deeply about.

If you have to transfer to another cryptocurrency or to fiat prior to donating, you lose the full tax benefit of donating directly to a nonprofit in cryptocurrency. From a tax perspective, this is very similar to if your were to donate appreciated stocks to a nonprofit.

📃 Donating Cryptocurrency Demonstrates Your Corporate Social Responsibility

Making a financial donation in the form of cryptocurrency is one of the simplest ways that a blockchain or cryptocurrency company can demonstrate it’s corporate social responsibility and values to the world.

By supporting a nonprofit that aligns with your organization, or your founder’s values, you are saying to the world that you care, and you are willing to put your money where your mouth is when it comes to social good. Many organisations like to use the phrase “Blockchain for Social Good”

BLK LUV Declares March #BLKFutureMonth

BLK is LUV not a color. Humanity can’t move forward as one if we continue to identify each other by titles that divide us. BLK Future month is a celebration of pioneers building our future. We recognize and support the BLK owned companies dedicated to changing the game. With racism recognized as modern day terrorism, we can no longer give energy to a history that no longer serves our higher purpose. Blockchain technology allows us to build our future with no middle man. With all the companies in support of paying homage to our history, we’re sure they will be in support of honoring our future starting March 1, 2021.