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posted by Fnord666 on Tuesday May 15 2018, @06:40PM   Printer-friendly
from the anonymous-philanthropy dept.

The Pineapple Fund has done what it set out to do and is concluding its activities. Going out in style, he/she/it/they continue to remain more or less anonymous.

In December 2017, the Pineapple Fund was set up by an unknown individual with the intention of giving cryptocurrency donations around the world. It has also been claimed to be among the 250 largest holders of Bitcoin in the world. Known simply as 'Pine', the anonymous person announced via Reddit last year that they were setting up the Pineapple Fund to donate 5,057 BTC, worth about $86 million at the time, to charitable causes.

Source : 5,104 BTC Later, The Bitcoin Pineapple Fund Announces It's Time to Say Farewell


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  • (Score: 2) by canopic jug on Wednesday May 16 2018, @12:54PM

    by canopic jug (3949) Subscriber Badge on Wednesday May 16 2018, @12:54PM (#680370) Journal

    The charity they identified for the most benefit/dollar was providing mosquito nets to prevent malaria.

    Then they failed to take into acount externalities. The people in many of those countries receiving the mosquito netting are abusing the materials in such a way as to threaten their own health, the local ecology, and their ability to gather food in the future.

    While the actions of those behind the Pineapple Fund warm my cold, cynical, little heart, the actions of the rest of the world show we are really well and truly screwed. Pick an area. Look around. For every one or two doing something to help advance the world, there are 100s of millions working to ensure that there is no future, and more passively going along with them. It's a battle to fight, but uphill all the way.

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