Bitcoin Millionaire Creates Charity Fund: The Pineapple Fund
For its enthusiasts, Bitcoin has represented a unique opportunity to invest and except a few drops the cryptocurrency continues to increase its value, which has multiplied the money of many.
Such is the case of a Bitcoin miner that started mining Bitcoin from his house, on an old computer; when the cryptocurrency was not as popular as it is today.
And, unlike many of the users who sold their Bitcoin in the early stages, he decided to keep his funds to this day and has decided to create a charity fund, valued at 86 million dollars.
āI remember starting at bitcoin a few years ago. When bitcoin broke single digits for the first time, I thought that was a triumphant moment for bitcoin. I watched and admired the price jump to $15.. $20.. $30.. wow!
My aims, goals, and motivations in life have nothing to do with having XX million or being the mega rich. So Iām doing something else: donating the majority of my bitcoins to charitable causes. Iām calling it š The Pineapple Fund.ā
The Pineapple Fund
The Pineapple Fund is a charity fund valued at 5057 Bitcoins, equivalent to 86 million dollars.
The announcement was shared via Reddit and the owner talks about how Bitcoin has done wonders for his life. mentioning that his personal goals and aspirations have nothing to do with being a millionaire. Therefore, he prefers to donate most of his fortune to charitable works.
Currently, his foundation has donated more than 8 million dollars to 8 different charitable projects.
What is The Pineapple Fund focused on?
According to the owner the money are mainly destined to issues such as health, medical research, environmental and wildlife problems. Likewise, donations are also destined towards technology, as well as the fight against sexual abuse and domestic violence.
In the same way, this act of charity has inspired other users to do the same with their money. So, without a doubt, it is a wonderful event.
