Cryptocurrency has produced a handful of billionaires already, and I suspect it may produce the world’s first trillionaires in the next decade. The Forbes list of wealthiest people is going to be shaken up by early digital currency holders. Similar to the GivingPledge, many of these early holders will want to engage in philanthropy. The Pineapple Fund was a recent example of this, and I think we’ll see more.

Most charities don’t accept digital currency today, and those that do often sell the digital currency into USD so they can start to utilize it right away. They aren’t in the speculative investment business.

Suspend disbelief for a moment, and imagine the following could happen:

But early crypto holders are long crypto. It would be nice if there was a non-profit which:

  • accepted digital currency
  • held it to capture future potential upside
  • used it to help people in need while also accelerating the adoption of digital currency

Read the full article about charitable giving with cryptocurrency by Brian Armstrong at medium.com.