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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: 5, Informative) by FatPhil on Wednesday December 27 2017, @11:07PM (2 children)

    by FatPhil (863) <{pc-soylent} {at} {asdf.fi}> on Wednesday December 27 2017, @11:07PM (#614910) Homepage
    The problem with wall street crashes is that the idiots in the financial institutions don't remove themselves from the gene pool for the benefit of mankind, instead they simply get bailed out from taxpayers wallets by corrupt governments.
    --
    Great minds discuss ideas; average minds discuss events; small minds discuss people; the smallest discuss themselves
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  • (Score: 2) by wisnoskij on Thursday December 28 2017, @12:44AM (1 child)

    by wisnoskij (5149) <reversethis-{moc ... ksonsiwnohtanoj}> on Thursday December 28 2017, @12:44AM (#614934)

    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

      by FatPhil (863) <{pc-soylent} {at} {asdf.fi}> on Thursday December 28 2017, @08:55AM (#615039) Homepage
      Yeah, but that benefits the guy who a couple of years later wants to pick up a cheap reposession.
      --
      Great minds discuss ideas; average minds discuss events; small minds discuss people; the smallest discuss themselves