Back in 2010, Woody Tasch founded Slow Money, a movement that raises low-interest loans from local investment groups to lend to organic farms and local food enterprises, taking a patient capital approach. Dozens of groups have lent more than $80 million to over 800 ventures since then.
But during the early days of the pandemic, Tasch, a pioneer of patient capital, mission-related investing and community development venture capital, got to thinking about how to add an online component to the system. That’s when he decided to step up a zero-interest loan approach he’d introduced a few years before. To that end, a few months ago, he launched “Beetcoin”,