Bitcoin is getting closer to celebrate its fifth anniversary on November 1, the same day when Satoshi Nakamoto released the original paper “Bitcoin: A Peer-to-Peer Electronic Cash System” in 2008. “No one could have had any idea how much of a game changer it would be”, says Jason King, founder of the charity organization Sean’s Outpost, which has a specialRead More Sean’s Outpost is a renowned homeless shelter that has been accepting bitcoin donations for quite some time now. One of the initiatives of Sean’s Outpost — called Satoshi Forest, a homage to Satoshi Nakamoto — has been the subject of a court case in the state of Florida. Justice has been served, as Satoshi Forest has been deemed legal, and homelessness is not a crime. The creators of the Bitcoin wallet for Mac OS X, the nicely designed Hive, have news: the team developed a new app that allows the wallet users to easily donate some cryptocurrency to the well-known charity organization Sean’s Outpost, based in Pensacola (United States).. The goal is very simple: help to feed the homeless and support the amazing work done by Sean’s Outpost. Sean’s Outpost is a primarily bitcoin funded homeless outreach charity. The focus was providing meals to the homeless. Utilizing bitcoin, they were able to do it much more effectively than charities with similar goals in the area. Eventually, Sean’s Outpost created Satoshi Forest on private land, to provide the homeless with a place to stay. Jason King replies to transparency questions about Sean’s Outpost. By Alberto Mata. On November 20, Sean’s Outpost Founder Jason King published an open letter that included the charity’s statements and answers to recent questions about how the Outpost is handling donated funds. The letter was in response to Ben Doemberg’s questions on transparency and accountability published on ... Sean MacEntee – Licence CC BY 2.0. I have never been a fan of Bitcoin (“BTC”). Of course you would have made a fortune if you had purchased some back when it was first invented in 2008 and released as open source code in 2009. Since then the price of BTC has soared from around $0.0008 per BTC to a peak of almost $20,000 in late 2017. It ... For Christmas, Sean’s Outpost organized a “bitcoin angel tree” with a list of gifts donors could purchase with bitcoin. The list of nearly 40 items was fully funded within three hours.
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