Christmas Eve made itself alive again with a donation of one million dollars and, remaining faithful to the rules of bitcoin, remained rigorously anonymous. The mysterious benefactor, who signs with the psygon Pineapple Fund, had already revealed a month ago declaring his intention to donate to charity part of the earnings collected this year with cryptocurrencies.
Last week the mysterious benefactor showed up with a million dollar donation to the Internet Archive, equal to two thirds of the funds that the non-profit online library receives annually ($ 1.5 million). “Whoever you are, you are doing a world of good … It is particularly gratifying to see that those who dreamed in style with Bitcoin are using their wealth to support innovation in the world,” says a statement posted on the Internet Archive website .
In a post published on the social network Reddit last month the anonymous Pineapple Fund promised donations to non-profit associations of up to $ 86 million derived from the speculation carried out this year on bitcoins.
“Bitcoin has changed my life and I now have much more money than I can spend – he said in the post -. The goals and motivations of my life have nothing to do with having a legacy of XX millions or becoming a billionaire. So I decided to do something different by donating most of my bitcoins for charitable causes. I’ll call it The Pineapple Fund. ”
So far he has donated $ 4.5 million worth of money: in addition to the Internet Archive, he has sent one million to The Water Project, an association that manages drinking water projects in Africa, Watsi, innovative charity that uses technology to fund health systems, and Eff, an association that works for the rights and freedoms of the Internet. Another half a million was donated to the BitGive Foundation, a foundation that takes care of exploiting bitcoins and blockchain technology to finance voluntary associations.
I remember starting bitcoin a few years ago. When bitcoin broke the single digits for the first time, I thought it was a triumphant moment for bitcoins. I observed and admired the price jump at $ 15 .. $ 20 .. $ 30 .. wow!
Today, I see $ 17,539 for BTC. Sometimes I do not believe in reality yet. Bitcoin has changed my life, and I have a lot more money than I can ever spend. My goals, goals and motivations in life have nothing to do with having XX millions or being the great rich. So I’m doing something else: giving most of my bitcoins to charitable causes. I call The Pineapple Fund.
Yes, giving ~ $ 86 million bitcoins to charity 🙂
So far, The Pineapple Fund has / is:
He donated $ 1 million to Watsi, an extraordinarily innovative charity construction technology to fund universal healthcare.
He donated $ 1 million to The Water Project, a charity that provides sustainable water projects to the suffering communities in Africa
Donating $ 1 million to the FEP, defending the rights and privacy of Internet users, fighting for net neutrality and much more
He donated $ 500k to the BitGive Foundation, a charity project that leverages bitcoin and blockchain technology for global philanthropy.
If you know a registered non-profit charity, encourage them to register on the fund’s website! While I prefer to support registered charities, I am open to supporting charitable causes as well. Take a look at the website 🙂
All transactions are published on the website for maximum transparency 🙂