The Pleb’s Bitcoin Development Fund with Ben Price

<p><span style="font-weight: 400;">On this episode of the Bitcoin Magazine Podcast, host Christian Keroles sits down with Ben Price of Open Sats. Ben is a Bitcoin pleb who left Visa to work on funding open source software development. He created Open Sats, a 100% pass through non profit for allowing Bitcoiners to donate to opensource development in a taxed advantaged way. The Open Sats platform has a page that allows users to regularly donate to independent devs or projects listed on Open Sats, or they can donate to a general fund which is allocated by the board of directors. The board consists of Ben Price, Matt Odell, Udi, Janine, James O'Beirne and several other well known Bitcoiners. </span></p> <p><span style="font-weight: 400;">Christian and Ben Discuss the process of creating the nonprofit and the challenges they encountered. Price emphasises why 100% pass-through is a major differentiator and thanks several partners that enable the project to operate with no expenses including the entire board of directors. Price discusses their 100% BTC denominated policy and how Open Sats will hold all funds in Bitcoin and distribute all donations in bitcoin exclusively. </span></p> <p><span style="font-weight: 400;">The project is optimized to help Bitcoiners dollar cost donate to the best projects in the bitcoin space. </span></p> <p><span style="font-weight: 400;">Please enjoy this wide ranging conversation with Ben Price.</span></p>