Business 17 January 2018

Eli Afram

Dr Craig Wright makes pledge to donate millions to “make the world I am in better”

Recently, the chief scientist at nChain, Dr Craig Wright, made ripples again (pardon the pun) in social media circles after tweeting a direct offer to Mises Institute.

Recently Mises Institute, which exists “to promote teaching and research in the Austrian school of economics, and individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard” had begun accepting BCH donations on their official website, which caught the attention of BCH fans on reddit, and also, one Dr Craig Wright.

Dr Wright made a payment of $5400 (2 BCH) to Mises Institute to make his intention clear, tweeting:

Dr Craig Wright makes pledge to donate millions to “make the world I am in better”.

According to the donation address, Mises did receive just under $5,400 USD on the 14th of January, and then just hours later, received the promised 10 BCH, valued at just under $26,000 USD. The donations dwarfed other donations in comparison.

If you didn’t think much of that, then you would have on his follow-up.

After mentioning Mises Institute and Khan Academy in an earlier tweet, Dr Wright stated “I plan to pledge at least 100x the BCH value at the end of each year. All places I think make the world I am in better.”

That is a pledge of 1 quarter million USD for this year at least. He followed on with “…hoping to make it a million USD next year with over 10k BCH”.

Interestingly, in an even earlier tweet, Wright mentioned that he believed the price of BCH will surpass 15K by the end of the year. That would make next year’s donation over 1.5 million USD.

Dr Wright though has proven himself to be no stranger to charity or making donations to institutions he believes abide by his philosophy. In December last year he pledged another 100,000+ USD to charities, and followed through in his commitment with donation recipients including the likes of Zamzamwater, Burnside in Australia, FareShare among others. All in BCH ofcourse.

Donations are (at least in Australia and most of the world) tax exempt. With the rising prices in BCH, they make an excellent use-case, and I certainly encourage more of this sort of action from, particularly long-term BCH holders. Not only do such donations inspire other charities and entities to accept and adopt Bitcoin Cash, but it also goes some way in gaining visibility, scoring wins all-round. If we can make the world a better place, why wouldn’t we?

Eli Afram
@justicemate

Note: Tokens on the Bitcoin Core (SegWit) chain are referenced as BTC coins; tokens on the Bitcoin Cash ABC chain are referenced as BCH, BCH-ABC or BAB coins.

Bitcoin Satoshi Vision (BSV) is today the only Bitcoin project that follows the original Satoshi Nakamoto whitepaper, and that follows the original Satoshi protocol and design. BSV is the only public blockchain that maintains the original vision for Bitcoin and will massively scale to become the world’s new money and enterprise blockchain.

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