The pineapple fund has been completed

Six months ago we wrote about the pineapple fund. Set up a fund with the aim of distributing 5,100 bitcoins to various charities. All bitcoins have now been donated and the initiator has left a message for the community.

An inspiring ending

The initiator, known as Pine , is still anonymous. Pine indicates that this will continue because the fund was not about the person, but about contributing to a better world – courtesy of bitcoin. Pine is said to be among the top 250 bitcoin owners and has donated a total of 5,104 bitcoins. The final value of the bitcoins given away is about 47.5 million. It would be the majority of the bitcoins that Pine owns.

Pineapple Fund was an experiment in philanthropy with cryptocurrency wealth. What happens when your ‘play-money’ becomes a treasure chest, and you’re past the satiety point of money?

The idea for the fund came from the question of what you do when you suddenly have more money than you can possibly spend. The charities that have received a donation from Pine range from an institution that researches the use of psychedelics in the fight against PTSD to projects for clean drinking water. Pine’s latest post can be found here. Finally, Pine tries to encourage other lucky people from the bitcoin world to take the same step. The full list of donations and the corresponding amounts can be found below and also here.

I consider this project a success. If you’re ever blessed with crypto fortune, consider supporting what you aspire our world to be 🙂

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