Article 3BHW3 Pineapple Fund: why is an anonymous bitcoin millionaire giving away $86m?

Pineapple Fund: why is an anonymous bitcoin millionaire giving away $86m?

by
Mattha Busby
from Technology | The Guardian on (#3BHW3)

Anonymous benefactor known as Pine bucks global wealth trend with million-dollar donation fund for worthy causes

What would you do if you had $86m? It's a welcome dilemma for some of bitcoin's early adopters thanks to the cryptocurrency's meteoric rise, from less than $1,000 last year to a peak of almost $20,000 in December.

One generous bitcoiner has decided to follow the lead of Bill Gates and establish a philanthropic purse, the Pineapple Fund, because "once you have enough money, money doesn't matter," they say.

Continue reading...
External Content
Source RSS or Atom Feed
Feed Location http://www.theguardian.com/technology/rss
Feed Title Technology | The Guardian
Feed Link https://www.theguardian.com/us/technology
Feed Copyright Guardian News and Media Limited or its affiliated companies. All rights reserved. 2024
Reply 0 comments