“Many organizations seek non-profit recognition from the IRS in an attempt to protect themselves from asset confiscation. In April 2012, Fr33 Aid applied for this privileged status, but since then the process has been nothing but a bureaucratic nightmare. Today Fr33 Aid announced they have abandoned their IRS application and adopted bitcoin as their primary financial instrument.  Fr33 Aid Treasurer, Teresa Warmke said:  ‘Now that there are ways for us to do banking without government involvement, we decided fulfilling (IRS demands) would not be a responsible way for Fr33 Aid to spend its money nor for our volunteers to spend their time.'”

http://dailyanarchist.com/2013/04/15/fr33-aid-abandons-non-profit-tax-status-in-favor-of-bitcoin/

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