Princeton Opera Alliance tweeted that it is now accepting Bitcoins in donation from donors. The organization says that it is dedicated to providing education and opportunities to young vocal and orchestral musicians through Opera and all those who share the goal with it may now donate in Bitcoin to further the cause.
Bitcoin is fast emerging as the right choice for donors who feel it is a convenient method to donate as usual when they make an online payment, they use a credit card, PayPal or similar payment method which come with fees from a bank for processing the payment. However, there is little to no processing fees when donation is done using Bitcoin.
Thus, when donors pay in Bitcoin, there is no middle man taking a cut for moving the donated money from the donor’s account to someone else’s – that means low or no processing or transaction fees for donors. Also there are no international exchange regulations when donation is done using Bitcoin.
The best part associated with Bitcoin donation is that users/donors can send money anonymously, without the identity tracking and theft that comes with credit card payments. In a true sense, Bitcoin is pretty much like cash for the Internet and now helping out several not for profit organizations get attractive donations in it.
The decision by Princeton Opera Alliance, an independent nonprofit organization which is responsible for its own long-term financial stability and fundraising, is expected to fetch some money from Bitcoiners as well as the digital currency offers them convenient method to pay.
Fostering collaboration in the greater Princeton community through the art of Opera
The organization thanked all its donors and said that it is grateful to them and sponsors as well who support the Princeton Opera Alliance fosters collaboration in the greater Princeton community through the art of Opera. It believes that Opera is a benevolent art form, often effecting positive change in societies.
According to Princeton Opera Alliance, “Opera performances from its artists embrace the historic foundations of singing in the Bel Canto style and try to connect its audiences with the cultural context by tracing the origins of the composition, style and libretto.”
Also, it engages the community through a series of lectures, school performances, interactive workshops and publications, etc. The organization says that it is committed to presenting opera as an accessible art form for all ages.
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