Bitcoin Philanthropy with Millionaire Bill Pulte

Guest: https://twitter.com/pulte
Host: https://twitter.com/mcshane_writes
Full Interview: https://youtu.be/3Ps2gFrYPwU

In this episode of the “The Center Cannot Hold,” Bill Pulte, CEO of Twitter Philanthropy and grandson of the late founder of home-building giant PulteGroup, talked about his charity with host Alex McShane.

They discussed how Bitcoin will reshape philanthropy, how Bitcoin can be integrated into philanthropic organizations and trustless payments without commissions, and the ideal structure of philanthropic ventures. They also discussed how Twitter Philanthropy got onboarded into Bitcoin, the ways Bitcoin reduces remittance fees, a decentralized approach to philanthropy, and raising funds to create a network giving effect.

“Bitcoin will reshape how people look at solving poverty,” said Pulte. “What I mean by that is, with Twitter now going to Lightning and being able to send it [bitcoin] very quickly... I believe Twitter will enable us to reach anywhere in the globe and be able to instantly transfer value.”

Pulte considered questions such as: What is the right way to allocate resources? Is Twitter Philanthropy a capitalist organization? How should charitable donations be facilitated? Whether and to what extent good deeds go unreciprocated, or whether there is an enduring the act of giving? Pulte also considered how best could best educate people about Bitcoin.

“Bitcoin is going to take the world by storm from a philanthropic basis,” said Pulte.

To conclude the show, Pulte and McShane discussed philanthropy on Lightning in El Salvador, navigating political landscapes, substance abuse and giving, accounting for scammers, giving independent of location, and the golden age of Bitcoin philanthropy.

0:00 What is Twitter Philanthropy
3:05 Bitcoin will reshape Philanthropy
5:30 How Bitcoin can be integrated
9:35 Trustless payments without big overheads
11:40 Getting Twitter Philanthropy onboarded to Bitcoin
12:30 Remittances costs getting cut down
13:55 Decentral setup
16:10 Raising Funds and creating a network effect
17:45 Whats the right way to allocate resources?
20:00 Is Twitter Philanthropy a Capitalistic Organization
22:15 Coordinating all the difference needs
23:30 How to facilitate transactions
25:40 Educating people about Bitcoin28:00 Making the cut on spending resources
30:00 Bitcoin will pay for teeth
31:00 Philanthropy in El Salvador
31:40 How Twitter Philanthropy is helping people
33:30 Navigating political landscapes
35:40 Addressing substance abuse
38:40 Everybody is welcomed to join Twitter Philanthropy
40:30 Bitcoin is the quickest way to send the transactions
42:10 Taking the risks of scammers
42:45 Geographic emergences of needs

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