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The Pineapple Fund Gives $1M in Bitcoin to the Internet Archive

posted by Fnord666 on Wednesday December 27 2017, @08:10PM   Printer-friendly
from the saving-the-internet dept.

canopic jug writes:

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.

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  • (Score: 0, Informative) by Anonymous Coward on Wednesday December 27 2017, @09:55PM (1 child)

    by Anonymous Coward on Wednesday December 27 2017, @09:55PM (#614885)

    I found this explanation the other day:

    Bitcoin was allegedly invented by Satoshi Nakamoto which could be a pseudonym of a man or a group of people, suspected to live in the US. “Nakamoto’s” identity is believed to be commonwealth origin, due to the vocabulary used in his writings. One of his close associates is purportedly a Swiss coder, who is also an active member of the cryptocurrency community. He is said to have graphed the time stamp of each of Nakamoto’s more than 500 bitcoin forum posts. Such ‘forum posts’ exist in the thousands, worldwide. They form an elaborate network based on algorithms.

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  • (Score: 0) by Anonymous Coward on Thursday December 28 2017, @06:04AM

    by Anonymous Coward on Thursday December 28 2017, @06:04AM (#615005)

    They form an elaborate network based on algorithms.

    Forum posts form a network based on algorithms? Whoa!