Category: Basic Income

Bitcoin Charity Makes $5 Million Donation to Basic Income Experiment

Bitcoin Charity Makes $5 Million Donation to Basic Income Experiment

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The anonymous founder of bitcoin charity Pineapple Fund struck it rich investing in bitcoin, and now they are using that wealth to help rural Kenyans trapped in extreme poverty. Pineapple Fund Makes $5 Million Donation to GiveDirectly

On Friday, “Pine,” the alias of the Pineapple Fund’s founder, announced on the Basic Income subreddit that the fund had donated $5 million to GiveDirectly, a charity that is financing a 12-year basic income experiment for impoverished rural Kenyans and also distributes unconditional lump-sum cash transfers to residents […]

World’s largest basic income experiment receives $5 million donation from anonymous bitcoin millionaire

World's largest basic income experiment receives $5 million donation from anonymous bitcoin millionaire

3Dsculptor/Shutterstock

The Pineapple Fund has committed $5 million to GiveDirectly, the organization behind the world’s largest-ever basic income experiment in Kenya.

The Pineapple Fund, which was founded earlier this month by an anonymous bitcoin millionaire known only as “Pine,” announced its donation on the basic income subreddit. The organization has already given to charities engaged in medical research (SENS Research Foundation), environmental conservation (BitGive, Green Steps), and the defense of digital civil liberties (the Electronic Frontier Foundation).GiveDirectly intends to use the money to pay participants in its 12-year basic income experiment, which began in November. Some 120 Kenyan villages are participating […]

Whу sоme cоuntries are seriоuslу cоnsidering handing оut free mоneу

Whу sоme cоuntries are seriоuslу cоnsidering handing оut free mоneу

Imagine receiving a pile of cash each month from the government, no strings attached.

The concept sounds radical, but it’s an economic theorу gaining traction from Silicon Valleу to the Nordics, called universal basic income. Free moneу experiments are underwaу in a handful of countries as governments face evolving workforces and strained welfare sуstems.

The International Monetarу Fund defines universal basic income as “a cash transfer of an equal amount to all individuals in a countrу.”Universal basic income differs from other government transfers, like tax refunds or welfare paуments, in that everу individual receives the same amount. Recipients can spend the […]

Why some countries are seriously considering handing out free money

Why some countries are seriously considering handing out free money

Imagine receiving a pile of cash each month from the government, no strings attached.

The concept sounds radical, but it’s an economic theory gaining traction from Silicon Valley to the Nordics, called universal basic income. Free money experiments are underway in a handful of countries as governments face evolving workforces and strained welfare systems. What is universal basic income?

The International Monetary Fund defines universal basic income as "a cash transfer of an equal amount to all individuals in a country."Universal basic income differs from other government transfers, like tax refunds or welfare payments, in that every individual receives the […]

How to retire in 2018

How to retire in 2018

No news or research item is a personal recommendation to deal. All investments can fall as well as rise in value so you could get back less than you invest.

It’s estimated 320,000 people will retire in 2018. That’s 876 a day. If you’re one of them, our tools can help you plan your retirement so you can enjoy yourself.

Since 2015, you’ve had more freedom when you access your pension. This means more choices to make, and more pitfalls to avoid.Fortunately, there’s also more help available than ever before. We offer a number of tools to help you plan.You can […]

Basic income experiment receives $5 million worth of bitcoin

Basic income experiment receives $5 million worth of bitcoin

Chris Weller/Business Insider The Pineapple Fund, a bitcoin charity venture, has
introduced a $five million donation in bitcoin to
GiveDirectly.

GiveDirectly is a charity that conducts a fundamental income experiment in Kenya and problems money transfers in different East African nations. Two of the 12 months’s trendiest area of interest concepts, fundamental income and bitcoin , have in spite of everything crossed paths.The Pineapple Fund , a charity venture began through a bitcoin millionaire, has dedicated $five million worth of bitcoin to GiveDirectly , a company this is lately operating the most important fundamental income experiment in […]

Strategy The world’s largest basic income experiment just received a $5 million donation in bitcoin

Strategy The world's largest basic income experiment just received a $5 million donation in bitcoin

The Pineapple Fund, a bitcoin charity project, has announced a $5 million donation in bitcoin to GiveDirectly.

GiveDirectly is a charity that conducts a basic income experiment in Kenya and issues cash transfers in other East African countries.

Two of the year’s trendiest niche ideas, basic income and bitcoin , have finally crossed paths.The Pineapple Fund , a charity project started by a bitcoin millionaire, has committed $5 million worth of bitcoin to GiveDirectly , an organization that is currently running the largest basic income experiment in history across dozens of villages in rural Kenya.GiveDirectly will split […]

Strategy: The world’s largest basic income experiment just received a $5 million donation in bitcoin

Strategy: The world's largest basic income experiment just received a $5 million donation in bitcoin

The Pineapple Fund, a bitcoin charity project, has announced a $5 million donation in bitcoin to GiveDirectly to fund cash transfers for the poor. The Pineapple Fund, a bitcoin charity project, has announced a $5 million donation in bitcoin to GiveDirectly.

GiveDirectly is a charity that conducts a basic income experiment in Kenya and issues cash transfers in other East African countries.

Two of the year’s trendiest niche ideas, basic income and bitcoin , have finally crossed paths.The Pineapple Fund , a charity project started by a bitcoin millionaire, has committed $5 million worth of bitcoin to […]

The world’s largest basic income experiment just received a $5 million donation in bitcoin

The world's largest basic income experiment just received a $5 million donation in bitcoin

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It’s no wonder they recommended it, what with all the fleecing for which she’s been known. Mother_of_4_Original 26 minutes ago James Anthony 34 minutes ago To say that it’s not politically possible to cold-turkey eliminate the unconstitutional government takeover of student loans, though, is simply coddling our Progressive Republican representatives. Of course you can and should make positive changes in abrupt steps! Companies go bankrupt abruptly, and everyone involved gets to quickly move on to the rest of their lives, which is way better than prolonged loserdom. […]

The world’s largest basic income experiment just received a $5 million donation in bitcoin

The world's largest basic income experiment just received a $5 million donation in bitcoin

Chris Weller/Business Insider The Pineapple Fund, a bitcoin charity project, has announced a $5 million donation in bitcoin to GiveDirectly.

GiveDirectly is a charity that conducts a basic income experiment in Kenya and issues cash transfers in other East African countries.

Two of the year’s trendiest niche ideas, basic income and bitcoin , have finally crossed paths.The Pineapple Fund , a charity project started by a bitcoin millionaire, has committed $5 million worth of bitcoin to GiveDirectly , an organization that is currently running the largest basic income experiment in history across dozens of villages in rural […]