The crypto space is populated by new millionaires, who found themselves at the controls of cryptocurrency fortunes in the space of a few years. This was particularly the case of the unnamed philanthropist Pine, who had decided to pay back most of his fortune acquired in previous years.
About four months ago, Pine launched the Pineapple Fund . Pine stated that his goals in life were not dependent on a bank account full of millions, so he decided to redistribute his fortune to charities .
We know the tortuous processes to make payments to charities, and it is even more complex to find an association that does not use the cash in the passage. To that extent, Pine had turned to the Reddit community for referrals to associations that could truly bring positive change to our planet.
For example, in the past few months, Pine has made donations for access to safe drinking water, universal income , Internet neutrality, and experimental treatments for mental afflictions, such as Post-traumatic syndromes.
Yesterday, in a post on Reddit, Pine announced the end of his great philanthropic gesture , the ultimate BTC having been distributed .
"Every development since the creation of Bitcoin has made it stronger and stronger to solve existing problems in the monetary and financial system. This has created a new generation of "early adopters" crypto, cypherpunks or technologists using cryptography to change the world, who now have the power and responsibility of owning capital. [...] Thank you for following me through this experience. I'll say goodbye, for now, but there will still be a little room for dessert in a few years. If you ever have the chance to own a fortune in crypto, consider supporting causes that will make the world what you hope for. 🙂 ♥, Pine » Excerpt from the Reddit thread
This initiative was a success, and the New York Times even wrote an article . We hope to see other new rich get on the same road, and like Pine, we leave you on this message: be the change you want to see happen!