I honestly think this is a wonderful idea. what would benefit Charities more then "residual income" so-to-speak.
Just What the Doctor Ordered
The $5 million gift is just what the cryptocurrency industry needed during a spell in which fraud, mistrust and most recently bank bans have been running rampant. Tannenbaum started the OMF to help millions of people who suffer from ME/CFS around the world, including her daughter. They boast some of the top minds and leaders in science and research on the Scientific Advisory Board, including Nobel laureates and members of the National Academy of Sciences.
OMF must have struck a chord with Pine, whose Pineapple Fund contains the lion’s share of their cryptocurrency holdings.
“I had known about ME/CFS for a while, and I know it is a serious condition without much in the way of treatment or research. I’ve recently received letters of support from esteemed academics in the field strongly supporting OMF, and that helped me make the decision!” — “Pine” via OMF
This wasn’t the Pineapple Fund’s first charitable donation, as they’ve already donated some $37 million, and according to the fund’s website, it won’t be their last.
Pine was able to make the donation anonymously because of the private nature of the blockchain in which the Pineapple Fund could send the bitcoin to OMF directly, without any banks or payment providers.