Lifeboat Foundation Bitcoin Endowment Fund

I'm donating 25 Bitcoin to good causes this Christmas. Join in and give Bitcoin this Christmas (day 16)

Goal

During December I will donate 25 Bitcoin, 1 each day leading up to Christmas, to a cause suggested by Bitcoin. It can be a charity, open source project, crowdfund or anything else.
 
I am hoping that these daily posts and donations will encourage others in the community to give Bitcoin this Christmas. Especially people who have benefited from the rise in price recently.  

Get involved

Submit a suggestion in the comments of a cause you would like to see donated to. Also post a link to their Bitcoin donation page (not address) if possible. Even if your suggestion is not donated to by me this month hopefully it may be seen by others here who may choose to donate.
 
Each day I'll pick a cause from the suggestions, likely the most upvoted one, and donate 1 Bitcoin to them. I'll ignore any scams, begging, college fund requests etc.
 
I will try to send donations as fast as possible but there may be times where I have to do more research or checks to verify the suggestions are legit.  
If you wish to give but don't have the time to check Reddit for the rest of the month you can send Bitcoin to my address:  
34WbSyrtibUJiFbRa7ukLC8RGdFMnQRn4b  
I will divide the extra Bitcoin sent to that address by 25 and donate it to each of the chosen causes on the 25th or the 26th.
Thanks to the people who have donated to my address so far.

Proof of funds

Message: "Give Bitcoin this Christmas" Address: 34WbSyrtibUJiFbRa7ukLC8RGdFMnQRn4b Signature: I8vZgsyOb1CKbTjo/Mravp03yIFnC94GNTVYOkBbhIUPUajfKPg4nh8zj7dWu5qzev2nsAtByLwpHHDnVwyAxsI=
Note that the address above doesn't contain 25 now due to sending donations so the funds moved to change addresses. You need to verify it using Trezor.

Donations

Day Cause Proof of donation
1 EFF tx , tx ,tx , tx
2 Khan Academy tx
3 Give Directly tx
4 Andreas Antonopoulos tx
5 MAPS tx
6 help venezuelans refunded tx
7 Wikipedia tx
8 Royal National Lifeboat Institution tx
9 mercy for animals tx
10 Bitcoin Core tx
11 TBD
12 TBD
13 3blue1brown Check this amazing video tx
14 Open Medicine Foundation tx tx
 
Warning: Don't send to addresses I have without checking donation pages first. Some of those were temp wallets produced by their payment processor.
 
P.S. I don't donate to individuals so please don't post or PM.
 
P.P.S I have not seen any suggestions yet for charities dealing with addiction. It would be great if we could get some suggestions for alcohol, drug or gambling addiction.
 
P.P.P.S It would be good to suggest causes that Pineapple Fund are NOT donating too as my donations are small compared to his and could make a bigger impact elsewhere.
submitted by deannolan to Bitcoin [link] [comments]

I'm donating 25 Bitcoin to good causes this Christmas. Join in and give Bitcoin this Christmas (day 22)

UPDATE: I was offline for a few days. Hope to have this all completed by the end of the year

Goal

During December I will donate 25 Bitcoin, 1 each day leading up to Christmas, to a cause suggested by Bitcoin. It can be a charity, open source project, crowdfund or anything else.
 
I am hoping that these daily posts and donations will encourage others in the community to give Bitcoin this Christmas. Especially people who have benefited from the rise in price recently.  

Get involved

Submit a suggestion in the comments of a cause you would like to see donated to. Also post a link to their Bitcoin donation page (not address) if possible. Even if your suggestion is not donated to by me this month hopefully it may be seen by others here who may choose to donate.
 
Each day I'll pick a cause from the suggestions, likely the most upvoted one, and donate 1 Bitcoin to them. I'll ignore any scams, begging, college fund requests etc.
 
I will try to send donations as fast as possible but there may be times where I have to do more research or checks to verify the suggestions are legit.  
If you wish to give but don't have the time to check Reddit for the rest of the month you can send Bitcoin to my address:  
34WbSyrtibUJiFbRa7ukLC8RGdFMnQRn4b  
I will divide the extra Bitcoin sent to that address by 25 and donate it to each of the chosen causes on the 25th or the 26th.
Thanks to the people who have donated to my address so far.

Proof of funds

Message: "Give Bitcoin this Christmas" Address: 34WbSyrtibUJiFbRa7ukLC8RGdFMnQRn4b Signature: I8vZgsyOb1CKbTjo/Mravp03yIFnC94GNTVYOkBbhIUPUajfKPg4nh8zj7dWu5qzev2nsAtByLwpHHDnVwyAxsI=
Note that the address above doesn't contain 25 now due to sending donations so the funds moved to change addresses. You need to verify it using Trezor.

Donations

Day Cause Proof of donation
1 EFF tx , tx ,tx , tx
2 Khan Academy tx
3 Give Directly tx
4 Andreas Antonopoulos tx
5 MAPS tx
6 help venezuelans refunded tx
7 Wikipedia tx
8 Royal National Lifeboat Institution tx
9 mercy for animals tx
10 Heads Up Guys tx
11 Land + Heart project tx
12 The water project tx
13 3blue1brown Check this amazing video tx
14 Open Medicine Foundation tx tx
15 TBD
16 TBD
 
Warning: Don't send to addresses I have without checking donation pages first. Some of those were temp wallets produced by their payment processor.
 
P.S. I don't donate to individuals so please don't post or PM.
 
P.P.S I have not seen any suggestions yet for charities dealing with addiction. It would be great if we could get some suggestions for alcohol, drug or gambling addiction.
 
*P.P.P.S Struggling to find charities that accept Bitcoin. Most suggested so far don't. *
submitted by deannolan to Bitcoin [link] [comments]

In case you missed it: Major Crypto and Blockchain News from the week ending 12/14/2018

Developments in Financial Services

Regulatory Environment

General News


submitted by QuantalyticsResearch to CryptoCurrency [link] [comments]

Cryptocurrency trenches: Are bitcoin & blockchain really transformative?

Today, I interviewed Phil Raymond. He co-chairs CRYPSA, hosts the New York Bitcoin Event and is keynote speaker at Cryptocurrency Conferences. He sits on the New Money Systems board of Lifeboat Foundation and is a top Bitcoin writer at Quora.

For the people who don’t know you, what can you tell about yourself?

I was originally a hardware design engineer, creating electronic memory systems for computers and a few consumer products. Later, I started a company that designed and manufactured local area network devices for the smart building controls industry.
Back at college, I studied hardware engineering, of course. But I was always fascinated with encryption, compression and error correction. I studied under Gilles Brassard (inventor of Quantum Cryptography), and I met Claude Shannon (the father of information theory) and David Chaum (founder of DigiCash). In the early days of email, I latched onto PGP, RSA and the public key infrastructure that enables internet commerce. I realized that these concepts would enable transformative products and services, and that they would radically benefit consumers.
Nine years ago, Satoshi hit the scene with a solution to the Double-Spend problem. In a very brief whitepaper, he articulated the blockchain and even introduced a test platform which used a blockchain as a distributed consensus mechanism for digital cash that required no central nexus or authoritative bookkeeper. He called it “Bitcoin”.
I was fortunate to appreciate the tectonic importance of Satoshi’s gift to mankind. The blockchain and Bitcoin are easily misunderstood or dismissed today, but they are no less important than the internet or public key cryptography. They will radically change how we work, play, spend money and how we interact with each other. Ultimately, they will redefine the relationship between citizens and their governments, because these concept allow us to redefine trust and democracy in a way that more closely matches our goals and ideals.
I was involved in cryptocurrency early on, even in the pre-PayPal days of DigiCash and Digital Gold.
So, what do I do today?
I co-chair the Cryptocurrency Standards Association, a loose-knit collaborative of researchers, journalists, enthusiasts and vendors. I host the New York Bitcoin Event and more recently, I am keynote speaker at Cryptocurrency Conferences. I also sit on the New Money Systems board at Lifeboat Foundation. I am a top Bitcoin writer at Quora and editor of the Blog, AWildDuck.com

What is blockchain and, how does it work?

We hear a lot about the blockchain. We also hear a lot of misconceptions about its purpose and benefits. Some have said that it represents a threat to banks or to governments. Nonsense! It is time for a simple, non-political, and non-economic definition…

What is a Blockchain?

A blockchain is a distributed approach to bookkeeping. Because it opens and distributes the ledger among all participants, it offers an empowering, efficient and trusted way for disparate parties to reach consensus. It is “empowering”, because conclusions built on a blockchain can be constructed in a way that is inherently fair, transparent and resistant to manipulation. At scale, it is also massively redundant. This further leads to a hardened network which can resist loss whether caused by accident, faulty infrastructure or attack.
This is why blockchain-backed systems are generating excitement. Implemented as distributed and permissionless, they take uncertainty out of accounting, voting, legislation or research, and replace it with trust and security. Benefits are bestowed without the need for central authority or arbitration. The blockchain not only solves a fundamental transaction challenge, it addresses communication and arbitration problems that have bedeviled thinkers since the ancient Egyptians.

Related explanations:

What is a cryptocurrency and, how does it work?

Cryptocurrency is a blockchain-based token that has achieved a two-sided network and is used like money in payment for goods, services or debts. It is not simply traded by investors, hoarders and speculators (although these trades dominate the early adoption phase) — and it is not simply used as an asset-backed payment instrument like a gift card or debit card. (Those are instruments are tied to dollars or the solvency of banks and retailers). Rather, a cryptocurrency is traded with the potential to be the money itself. It’s value floats freely with supply and demand.
It is important to distinguish cryptocurrency from ICOs (Initial Coin Offerings) and other digital tokens. Cryptocurrency always refers to Bitcoin or other altcoins that are built on an open source, transparent and permissionless blockchain. They have no proprietary code or features, and every transaction from the very start of time is open to public scrutiny.
A cryptocurrency might have a functional purpose like some ICOs (That is, they might be used for something other than a payment instrument). But they are never associated with Airdrops, multi-level trading, or promotions that generate benefits to early adopters or those who refer. These gimmicks never apply to genuine cryptocurrencies. They are concepts from the marketers who hawk ICOs. Those are digital products for speculators and not a cryptocurrency.

How do they work?

Cryptocurrencies work by permitting trust without any central authority keeping the books. Instead of a bank or retailer tracking your ownership of coins, a network of miners act as a giant network of distributed accounts. Their activity maintains the transaction logs, attests to the validity of transactions and keeps track of who owns what.

Here are some really interesting facts about miners:

(a) Anyone can be a miner. There are no restrictions on joining the party
(b) Eventually, everyone will be a miner, whether they realize it or not. That is, it will become a part of every wallet. The reason that everyone will become a miner, is because the rewards will eventually run out. When they do, the spread of mining to all parties is the glue that will keep transactions fast, free and trusted.
(c) Miners don’t “see” that they are writing, validating, publishing and guaranteeing validity of the books. From their perspective, they are participating in a massive networked gaming community. They race other gamers, trying to solve a math puzzle, while seeking little rewards as they go along.

Do you see future where we will adopt cryptocurrencies at international scale and, why?

It is inevitable! Someday, Cryptocurrencies will replace government issued currencies. I am certain of this. Why is this? Because Bitcoin is not only good for consumers, vendors, banks, lenders, creditors and NGOs — it is especially good for governments.
Today, some legislators and politicians fear that cryptocurrency will undermine a country’s control over its own monetary policy. This is true. Indeed, governments will lose that control. And this is good.
A government no more needs control over monetary policy as it does over telecommunications or the package delivery services. We are conditioned to believe that value comes from a trusted party, and this makes it hard to give up our assumption that governments must control the creation of wealth. But, in fact, nations are much healthier if they must balance their books like any individual, business, NGO, club, state or municipality. They can still borrow, of course. But they will no longer be able to print funny money and continuously hoist their debts onto unborn generations.

Why did bitcoin reach such a high value??

Bitcoin had a significant rise in 2017. From $1000 to almost $20,000 per BTC unit. During that time, the subject spread like wildfire — and so, of course did investor interest. News stories flourished and these led to functional studies by banks, vendors, exchanges, and settlement houses. But, more than 95% of trades were made by investors, day traders, hoarders and speculators, and this leads to a volatile commodity. (Not a bubble, but a very rapidly changing value). This exchange value makes for great dinner-table discussion. It also makes some very rich and poor traders. But, in the end, it is quite meaningless.
In the end, 1 BTC will always be worth 1 BTC. When the exchange rate fluctuates relative to the dollar or some other currency, you will wonder what good or bad news affected the value of the dollar. You will not wonder about Bitcoin, because goods and services will be quoted and exchanged in Bitcoin, and the value to your household will not fluctuate rapidly.

What is the best cryptocurrency out there and, why?

Bitcoin is the only viable long-term cryptocurrency. Others, like Ethereum, may survive or even flourish, but this is because they serve other markets, and are not trying to be simply money.

The reason that Bitcoin will not be dethroned as the future of money, is:

Developers that I work with view every altcoin as a beta test platform for Bitcoin. Any improvement, new feature or clever innovation can be backed into Bitcoin. It’s a messy exercise in democracy, but ultimate, it only requires that the new code is accepted by a majority of miners — or championed by rising user awareness.

Do you think ETFs will be possible?

Sure. This will happen. Some government bodies will be against it and some will be for it. But either way, it is fait accompli. Eventually, every country will be dragged into the party. In any democracy or capitalist country, there is no reasonable basis for government or regulators to forbid citizens from creating securities out of any commodity or asset. Cryptocurrencies do not present any unique issues for brokers and traditional exchanges. They can be easily securitized or partitioned into derivatives. Sure, some of these instruments will amplify risk, but in the end, the public will create and market whatever instruments they wish.

Do you think decentralization will be inevitable and, why?

Yes. Decentralization is inevitable, because it addresses the goal of fairness, accountability and capitalism. It has always been a viable solution, but without a mechanism to enable applications.
Trust built on decentralized consensus (especially money) creates a fair, transparent, fluid network. It keeps governments honest.
Contrary to early pundits, decentralized cryptocurrency does not lessen a government’s ability to tax, spend or enforce tax collection. Additionally, it does not facilitate crime. These are early myths from analysts who did not fully understand or appreciate the blockchain.
But, cryptocurrency will certainly change the social contract between a government, its citizens and its creditors. Walls will come tumbling down, and this benefits everyone.

Do you think we are making history and, why?

Yes indeed. Just like the steam hammer, the telephone, the internal combustion engine, the transistor and the internet, our grandchildren will look back on the 20-teens and 2020s, and ask what it was like to witness a revolution is real time. The advent of cryptocurrency is a bit harder to grasp at first. But it is just as transformative; just as beneficial; just as important to our future.

Can you name some of the projects who will have huge impact in society and, why?

Voting, Real estate (deeds, transfers, liens), contracts, multisig consensus (related to anything), peer review (in any field), medicine, genetics, law (adjudication & arbitration), sports (scoring and consensus) — and hundreds of fields that we cannot yet imagine.

What advice can you give to the people who are starting their own project on the blockchain?

Keep your eye on the fundamental things that make the blockchain credible and beneficial. That is, Be very skeptical of any implementation that is not:
If you are involved in a project that uses a new coin or token, ask yourself if the problem could be addressed by Bitcoin or Ethereum. If so, why bother with the new coin? It certainly cannot be as fair, transparent, vetted and scalable.

Where should people start when they want to begin to learn how blockchain works?

What resources can you share with us, besides the ones that you already share?

I write a lot of articles about the revolution under our feet. With irreverent modesty, I refer you to my own articles:
WildDuck I write under the pen name, “Ellery” [View articles]
• LinkedIn Blockchain columnist: Dozens of published articles. Additionally,
• Lifeboat Board member, Columnist [View articles]
• Quora Most active author Bitcoin & blockchain [1000 articles as “Ellery”]
Sophos Bitcoin wallet security [View article]

What is the next milestone to the blockchain?

In the past few months, we have seen the gradual roll out of Lightning Network. It successfully addressed critical infrastructure problems associated with of transaction speed, cost, and other issues affecting scalability.
There are several minor issues to be addressed, mostly related to security, malleability, and testability. But I am most interested in two long term issues that must eventually be addressed:

1. Energy Consumption Caused by Proof of Work

The blockchain is the engine of Bitcoin and all other fair cryptocurrencies. Currently, Bitcoin’s blockchain is based on a distributed consensus mechanism called Proof of Work [POW]. It is fair, but it is very expensive. If solar power and other cheap energy sources spread across the world, the economics of POW guarantee that all the new, inexpensive energy will be diverted into mining and will not free humanity from fossil fuels and massive cash payments across borders.
We must replace the current Proof-of-Work mechanism with one that does not suck up every available kilowatt. Currently, POW is the scalability elephant in the room. Other cryptocurrencies have introduced alternate consensus mechanisms, but, in my opinion, they are either centralized or unfair.
Fortunately, other fair, distributed consensus mechanisms are on the horizon. You can read more about it here:

2. Dwindling of Mining Rewards and the Alignment of Goals

Every user must eventually become a miner. This will align the interests of stakeholders, incentive validators (what is now called miners), and enhance Satoshi’s vision of a fair, decentralized system of accounting and consensus.

What motivates you?

I am very fortunate to have discovered a calling and a career that fires my passion in every way. I recognized the importance of the blockchain and Bitcoin very early, and as an amateur writer, I realized that I could dispel myths that were bound to arise. The biggest myths about cryptocurrency, and Bitcoin in particular, are:
Absolutely none of this is true. But it makes for great press and it leads to a state of fear, which helps to mislead the public. I try hard to counter such misunderstanding and irrational fear in my articles, presentations and consulting.

What’s your definition of success?

Cryptocurrency transactions fall into two classes:

1. Transactions driven by money exchange or investment (speculators, hoarders, day traders)
2. Transactions driven by commerce (purchases, sales, debt settlement, staff salaries, interbank transfers, bonding shipments).
Today, the first category accounts for 95% or more of all Bitcoin transactions.
The first stage of “success” will be the time at which the fraction of Bitcoin transactions in Category 2 exceeds those in Category one. This will be the day that Bitcoin stops fluctuating and becomes a serious economic instrument.
Later a 2nd success will arrive when citizens of the world begin to shift their accumulated wealth and credit from legacy, national currencies to Bitcoin.

What you think of work/life balance?

With any career or project, there is always a risk of abandoning family responsibilities or the need to relax. I find my work to be both rewarding and relaxing (my career in cryptocurrencies and blockchain). But, I still spend more than half of my time with family and friends. For me, the balance is crucial to leading a fulfilling life.
Many of these friends are interested in the same things as me, and i always try to learn from those with different interests and skills.

What is the best advice you can give to the people who are reading this?

Don’t get sucked into ICOs. They are scams
More about this:
(a) Is every ICOs a scam?
(b) ICOs & altcoins rise and fall, but Bitcoin endures
-Philip Raymond
Phil Blockchain columnist: Dozens of published articles. Additionally, Admin/Moderator of Largest Bitcoin group; 30,000+…bitcoinreferee.com
Thanks for reading. If you have thoughts on this, be sure to leave a comment.
If you found this article helpful, smash the clap 👏 button.
You can follow me on twitter for more.
submitted by Different_Code to u/Different_Code [link] [comments]

[uncensored-r/Bitcoin] I'm donating 25 Bitcoin to good causes this Christmas. Join in and give Bitcoin this Christmas (d...

The following post by deannolan is being replicated because some comments within the post(but not the post itself) have been silently removed.
The original post can be found(in censored form) at this link:
np.reddit.com/ Bitcoin/comments/7ljotm
The original post's content was as follows:

Goal

During December I will donate 25 Bitcoin, 1 each day leading up to Christmas, to a cause suggested by Bitcoin. It can be a charity, open source project, crowdfund or anything else.
 
I am hoping that these daily posts and donations will encourage others in the community to give Bitcoin this Christmas. Especially people who have benefited from the rise in price recently.  

Get involved

Submit a suggestion in the comments of a cause you would like to see donated to. Also post a link to their Bitcoin donation page (not address) if possible. Even if your suggestion is not donated to by me this month hopefully it may be seen by others here who may choose to donate.
 
Each day I'll pick a cause from the suggestions, likely the most upvoted one, and donate 1 Bitcoin to them. I'll ignore any scams, begging, college fund requests etc.
 
I will try to send donations as fast as possible but there may be times where I have to do more research or checks to verify the suggestions are legit.  
If you wish to give but don't have the time to check Reddit for the rest of the month you can send Bitcoin to my address:  
34WbSyrtibUJiFbRa7ukLC8RGdFMnQRn4b  
I will divide the extra Bitcoin sent to that address by 25 and donate it to each of the chosen causes on the 25th or the 26th.
Thanks to the people who have donated to my address so far.

Proof of funds

Message: "Give Bitcoin this Christmas" Address: 34WbSyrtibUJiFbRa7ukLC8RGdFMnQRn4b Signature: I8vZgsyOb1CKbTjo/Mravp03yIFnC94GNTVYOkBbhIUPUajfKPg4nh8zj7dWu5qzev2nsAtByLwpHHDnVwyAxsI=
Note that the address above doesn't contain 25 now due to sending donations so the funds moved to change addresses. You need to verify it using Trezor.

Donations

Day Cause Proof of donation
1 EFF tx , tx ,tx , tx
2 Khan Academy tx
3 Give Directly tx
4 Andreas Antonopoulos tx
5 MAPS tx
6 help venezuelans tx
7 Wikipedia tx
8 Royal National Lifeboat Institution tx
9 mercy for animals tx
10 Heads Up Guys tx
11 Land + Heart project tx
12 The water project tx
13 3blue1brown Check this amazing video tx
14 Open Medicine Foundation tx tx
15 TBD
16 TBD
 
Warning: Don't send to addresses I have without checking donation pages first. Some of those were temp wallets produced by their payment processor.
 
P.S. I don't donate to individuals so please don't post or PM.
 
P.P.S I have not seen any suggestions yet for charities dealing with addiction. It would be great if we could get some suggestions for alcohol, drug or gambling addiction.
 
*P.P.P.S Struggling to find charities that accept Bitcoin. Most suggested so far don't. *
submitted by censorship_notifier to noncensored_bitcoin [link] [comments]

WHAT IS A CRYPTOCURRENCY WALLET? Introducing Passport: An elegant and secure hardware ... How to: Find your wallet.dat and replace it (MAC) How To Set Up A Blockchain Bitcoin Wallet Devices For Bitcoin - YouTube

1. Choosing a Wallet. You can start your search for a wallet on this page at Bitcoin.org. Use the drop down tabs to refine your search by platform: Mobile, Desktop, Hardware gadget or Web. Don’t overlook the web option. For many users, the wallet (and VAULT) included with an online exchange account is all you need. BITCOIN CASH: Provided by Splits: 128.55420461: Total Value: $29,856.71: BITCOIN: Lifeboat Foundation Mined Bitcoins: 6.74405782 + Donations Applied: 275.64640089 Airbitz builds the easiest to use and easiest to secure mobile Bitcoin wallet alongside a comprehensive and quality Bitcoin business directory. The Lifeboat Foundation is a nonprofit nongovernmental organization dedicated to encouraging scientific advancements while helping humanity survive existential risks and possible misuse of increasingly powerful technologies, including genetic engineering, nanotechnology, and robotics/AI, as we move towards the Singularity. An Anonymous Early Adopter Is Donating 5,057 BTC ($86M) to Charity This week an early bitcoin adopter announced on the forum Reddit that he had so much bitcoin he plans to donate 5,057 BTC (US$86Mn) to charitable causes. So far the anonymous donor created a website called the Pineapple Fund, and has alreadydonated $5M . trending; Bitcoin Wallet Donations Bitcoin . Bitcoin Wallet Donations ...

[index] [22607] [11090] [45325] [35306] [25694] [9219] [37462] [38739] [37270] [815]

WHAT IS A CRYPTOCURRENCY WALLET?

So, if you are interested in Blockchain and Bitcoins you have surely come across the term Cryptocurrency Wallet. But what exactly is it? FOUNDATION TRAINING:... Gavin Andersen Chief Scientist, Bitcoin Foundation The team behind a new affordable multisig bitcoin wallet say their product has security features that make it almost immune to hacking attacks ... Lifeboat Foundation; 36 videos; 194 views; Last updated on Jul 16, 2018; Play all Share. Loading... Save. Sign in to YouTube. Sign in. Why Blockchain Matters More Than You Think! by ColdFusion. 14 ... Hi Guys, Ben here from Everyday Bitcoin to show you how to set up an Online Bitcoin Wallet using Blockchain. More Bitcoin Tutorial Videos at www.everydaybtc.com How to create and send funds from a multi signature electrum wallet 🎵 Music: Rick Wade - Meditation (Matsa Remix)

#