The Pineapple Fund has given $1M in Bitcoin to the Internet Archive.
This year, Christmas came early to the Internet Archive. On Saturday, the generous philanthropist behind the Pineapple Fund gave $1 million dollars in Bitcoin to the Internet Archive. This anonymous crypto-philanthropist explains, "I saw the promise of decentralized money and decided to mine/buy/trade some magical [I]nternet tokens. ...Donating most of it to charity is what I'm doing." We so admire this donor using Bitcoin as the currency of giving this season, and are honored to be the recipients of such a gift. Whoever you are, you are doing a world of good. Thank you.
(Score: 4, Interesting) by krishnoid on Wednesday December 27 2017, @09:35PM (4 children)
Would it be too schadenfreude if I wished that all the early bitcoin millionaires donated their bitcoins to worthy and effective charities and causes, who then cashed them in ASAP, leaving Wall Street speculators holding the bag if/when it crashes?
No, that's bad, and I should feel bad. At least a little.
(Score: 5, Informative) by FatPhil on Wednesday December 27 2017, @11:07PM (2 children)
Great minds discuss ideas; average minds discuss events; small minds discuss people; the smallest discuss themselves
(Score: 2) by wisnoskij on Thursday December 28 2017, @12:44AM (1 child)
The problem with Wallstreet crashes is it is not Wallstreet which suffers, it makes money on every transaction, it is the guy that took out a second mortgage to buy 10 BTC.
(Score: 2) by FatPhil on Thursday December 28 2017, @08:55AM
Great minds discuss ideas; average minds discuss events; small minds discuss people; the smallest discuss themselves
(Score: 1) by jshmlr on Thursday December 28 2017, @02:49AM
Not in the least. A wealth redistribution story set in cyberspace..
Need nothing, then see what happens.