Bitcoin fund donates millions in cryptocurrency to universal basic income charity

Bitcoin fund donates millions in cryptocurrency to universal basic income charity

Bitcoin and universal basic income were two concepts of fierce debate within global business communities in 2017. Now, a bitcoin fund has announced that it has committed $5m (£3.7m) worth of the cryptocurrency to the charity behind a massive universal basic income experiment across parts of Kenya and Uganda.

The Pineapple Fund is an organisation that mines, buys and trades crytpocurrencies. According to its website it donates to a number of charities, including several that work towards supplying poor communities with water, promoting gender equality, and one that is campaigning for the legalisation of psychedelic medicine.

The latest charity it has […]

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