Pineapple Fund: Donating $86M of Bitcoins to Charity
pineapplefund.org
Pineapple Fund: Donating $86M of Bitcoins to Charity
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Re: Pineapple Fund: Donating $86M of Bitcoins to Charity
#2[deleted]
Re: Pineapple Fund: Donating $86M of Bitcoins to Charity
#3People spend their entire lives focused on wealth accumulation.
Bitcoin has endowed many people with financial means in a way completely orthogonal to their day-to-day work. Say what you will about bubbles, but this "fund manager's" perspective is healthy check on reality.
Re: Pineapple Fund: Donating $86M of Bitcoins to Charity
#4I hope that the charity looks to sell or hedge some of this....
Re: Pineapple Fund: Donating $86M of Bitcoins to Charity
#5I love that its anonymous and simple and the donations are transparent. Does anyone by chance know if there are restrictions on charities receiving anonymous bitcoin donations?
Re: Pineapple Fund: Donating $86M of Bitcoins to Charity
#6I'd love to know what the Electronic Frontier Foundation does exactly with millions and millions of dollars in donations. Based on Wikipedia it awards money to rich people with powerful computers for finding new prime numbers. But it seems to me the other charities are much more deserving.
Re: Pineapple Fund: Donating $86M of Bitcoins to Charity
#7Speaking of charities, are most of them transparent and accountable with the funds they receive? I’d like to see a ledger of where every cent given to charity was used / spent.
Re: Pineapple Fund: Donating $86M of Bitcoins to Charity
#8I'd love to know what the Electronic Frontier Foundation does exactly with millions and millions of dollars in donations. Based on Wikipedia it awards money to rich people with powerful computers for finding new prime numbers. But it seems to me the other charities are much more deserving.
It's not some big secret. They're a major advocacy organization.
Re: Pineapple Fund: Donating $86M of Bitcoins to Charity
#9Speaking of charities, are most of them transparent and accountable with the funds they receive? I’d like to see a ledger of where every cent given to charity was used / spent.
If it is a US based charity or foundation you can look at their IRS Form 990 to see sources and uses of funds. http://990finder.foundationcenter.org/
Re: Pineapple Fund: Donating $86M of Bitcoins to Charity
#10It'd be nice if some of the money were used to make it easier for charities to convert to cash as quickly as possible. Bitcoin pointlessly consumes so much dirty energy, I imagine many environmental charities see bitcoin akin to blood money.