[masonium]

How would that be more complicated? Setting up a DAF is quite simple.

You'd only have to transfer to one address, rather than collect addresses and transfer to one per charity (many of whom probably have to set up wallets). You only have one tax receipt, rather than one receipt per charity. It's slighty-to-massively simpler for the recipient, and it's much simpler for the donor.

[peter422]

The donor didn’t get tax receipts so clearly they valued the anonymity more than the deduction, but even still, setting up a DAF requires:

1. Researching the various providers and setting it up

2. Transferring in the asset

3. Waiting for the fund administrator to liquidate the assets

4. Advise them on where and how much money to send to whom

5. Wait for them to do it

Not to mention if you want to donate more you need to do steps 2-5 again.

Versus one bitcoin transfer.

I realize that now the charity needs to do the liquidating which obviously is not trivial but certainly it is much easier from the donors perspective. And again, the bitcoin way makes them completely anonymous. You set up a 50 million dollar DAF with fidelity and the government is going to know about it whether or not the charities do.

[klipt]

> The donor didn’t get tax receipts so clearly they valued the anonymity more than the deduction

So probably they're evading taxes by not declaring capital gains on their other sales.

[peter422]

I’d imagine if they have 55 million to give away then they can afford the taxes on the rest. Nothing about this method of donation implies the donor is a criminal.

Declining the receipts makes the donations truly anonymous which is pretty cool. I think it was a novel idea and novel execution and obviously did a lot of good.