Anonymous Bitcoin Philanthropist Donates $5 Million to Medicine Foundation
"He who has never denied himself for the sake of giving, has but glanced at the joys of charity".
Hello everyone,
In my previous post here, i talked about "Charity". one of the major principles of attracting wealth and gaining growth in all works of life. i know many people really do not understand what it means to share with the needy and the less priviledged in the society but most of great men of our society always applied this principles and that is one of the reasons they are famous and wealthy.
"Charity is injurious unless it helps the recipient to become independent of it".
An anonymous benefactor has donated $5 million in bitcoin to the California-based Open Medicine Foundation, the non-profit research organization said on Friday
The OMF said it had received $4 million on Friday, having received $1 million from the same donor last month, via the account that it holds with BitPay, a bitcoin payments firm that converted the donation into U.S. dollars.
"Charity ... is kind, it is not easily provok’d, it thinks no evil, it believes all things, hopes all things".
The money came from an anonymous donor calling themselves “Pine” from the Pineapple Fund, whose website says that it has already donated around $37 million anonymously to various charities and projects. The fund intends to donate $86 million in total, according to the website.
“Donating $86 million of bitcoins to charity because once you have enough money, money doesn’t matter,” the website states. It also says the fund holds one of the top-250 richest bitcoin wallets in the world, with “Pine” having got into the market early.
Bitcoin allows money to be sent anonymously across a peer-to-peer global network, with no intermediaries needed to validate or process transactions.
"Though I speak with the tongues of men and of angels, and have not charity, I am as sounding brass, or a tinkling cymbal".
That has made it attractive to those who want to keep their identity secret, including those buying and selling illegal goods and services on the internet
OMF set up its BitPay around a year ago to enable anonymous donations. Until now, though, the take-up has been low, with the total bitcoin donated in the thousands of dollars.
“This significant donation will help OMF accelerate and expand current research into ME (myalgic encephalomyelitis), CFS (chronic fatigue syndrome) and other chronic complex diseases and to keep fighting for a better future for patients,” said Linda Tannenbaum, founder and president of OMF.
Tannenbaum said OMF had had conversations back and forth with the donor, but she did not know his or her identity.
“I’ve recently received letters of support from esteemed academics in the field strongly supporting OMF, and that helped me make the decision!” wrote “Pine” in one message.
Read the full story here through this link: https://omgnews.today/anonymous-bitcoin-philanthropist-donates-5-million-medicine-foundation/
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