Lifeboat Foundation enters 21st centuryAbstract
Brian Cartmell makes large bitcoin pledge enabling the Lifeboat Foundation to start the process of changing its source of funding from 20th century money to 21st century money.
March 20, 2013 — While the Lifeboat Foundation was founded in the 21st century, until recently it was mainly funded using 20th century money, basically various types of monies backed by governments. Thanks to the encouragement of some of our larger donors we are now working to have the majority of our funding come from 21st century money money backed not by governments but by algorithms. The 21st century money Lifeboat is currently focused on is bitcoins.
Our Brian Cartmell will match the next 500 bitcoins donated. Learn about our growing bitcoin endowment fund (worth almost $40,000) at https://lifeboat.com/ex/bitcoin.
The attempted EU-IMF grab of bank accounts that held government-backed money was the key event that caused the Lifeboat Foundation to feel that the time for 21st century money was here.
About Lifeboat Foundation
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.
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