Bitcoin Charity Makes $5 Million Donation to Basic Income Experiment

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 of the communities it serves….

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