Pineapple fund: $ 5 million for universal income!

Two weeks ago, a good, anonymous Samaritan (Pine) recently introduced an investment fund for charity: PineApple Fund. There are more than 5,000 bitcoin that the philanthropist has decided to dedicate to various good causes, but his latest gift has attracted the attention of the media. Pine has given $ 5 million to a work to create a universal income for some poor families.

GiveDirectly: money for the poor
GiveDirectly is a charitable organization whose concept is simple: send money directly and unconditionally to those who need it most. The idea is to introduce a form of universal income, where needy families receive a regular sum, without any prerogative as to how to spend it.

The concept of universal income is not new, and is becoming more and more attractive as the results achieved are encouraging. The idea will have pleased Pine, and the latter has made his biggest donation to date: $ 5 million for GiveDirectly

The families concerned will be in Kenya, Uganda and Rwanda.

But who is Pine?
Bitcoin Magazine interviewed Pine two weeks ago, and the mysterious philanthropist has shed some light on his journey.

"I discovered Bitcoin when it was a small community trying to turn a minor project into a new paradigm of decentralized money. It would be shorter to list everything I did not do in the crypto universe. I even created my own cryptocurrency; I will not name it that said. "

It is obvious that Pine decided to remain anonymous. Indeed, we have often seen how cryptocurrency holders attract the greed of malicious people.

"I prefer to keep my identity secret. The Pinneaple Project is not an advertising business. To tell the truth, no one in my life knows that I am behind that. It is better for people to think that you are fairly well off, rather than really rich. "

But then, why Pineapple? For love of the fruit, simply!

"Once I ate so much pineapple, that I made an allergic reaction that led me to the emergency room! Do not do that. "

Here is another beautiful proof of humanity in the crypto universe. We often forget that speculation is not the main interest of cryptocurrencies, so it's a nice reminder to order!