In a time when we’re bombarded with the supposed evils of Bitcoin (right, Mr. Baby Brains Munger?) on a seemingly daily basis, it’s refreshing to see crypto take the spotlight for a worthy cause.
According to Bloomberg, this is exactly what happened at a San Francisco fundraising gala held on the 3rd of May. The event was held to raise money to combat poverty in the Bay Area and was planned by the Tipping Point Community non-profit organization (NPO).
Raising more than $ 14 million is definitely worth celebrating, as is the fact that this is the first time that the NPO allowed pledge drive donations to be made in cryptocurrencies. Contributors were able to donate using Bitcoin, Ethereum, or Ripple.