Nooooooo idea
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Not tax advice but basically (at least here in canada) from my knowledge. A person can donate up to 40% of their wealth to a registered charity and receive a tax deduction to lower that persons taxes to a lower bracket lol. One of the main reasons you dont get a tax slip when you donate at grocery stores is because the grocery store donates your money on your behalf and claims the deduction on their taxes ๐. If opensats or nostr devs had a non registered business only makes sense for businesses and people to donate. But if I donate bitcoin, can I write off the fiat value on my fiat taxes? ๐
If you can then technically you have a loop hole, say you bought $100 of bitcoin, it goes up to $140 in value. You donate $20 in value and you sell $20 in value. Bam you don't pay any tax on that bitcoin because the donation value off set the gain and at the same time your improving nostr ๐