Menu

BITCOIN ENDOWMENT FUND

Update — Give us your suggestions on how to spend our Bitcoin Endowment Fund!
 
Lifeboat Foundation has launched the world’s first bitcoin endowment fund! Become a Lifeboat VIP and donate to bitcoin address 1Endowment7huUesEXRuWgEXfxHgxvZHfK
 
The Lifeboat Foundation is interested in funding cryptography-related projects since a 1984-like world would not only be unpleasant but could give the government the power to do terrible things that could even become existential threats.
 
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.
 
Historically government backed money has done a poor job in holding its value. For example, the successful U.S. dollar has lost over 97% of its value since it was first issued. A less successful currency, the Japanese yen, has lost 99.95% of its value since being issued. Many promote the idea of trading rocks (gold and silver) instead but this Bronze Age idea has various drawbacks including portability when local governments decide to confiscate it. As a futuristic organization, we should be promoting 21st century money and now we are!
 
Crypto-currencies have many advantages over old-fashioned government-backed money. For example, they allow people in less developed countries to have access to the rest of the world. For example, PayPal alone blocks access to over 60 countries, and many credit card companies have similar restrictions. Some are blocked for political reasons, some because of higher fraud rates, and some for other financial reasons. Whatever the reason, we don’t think a human being from Haiti, Ethiopia, or Kenya should have diminished access to the world because of payment issues they can’t control. Our goal is to enable people, not block them.
 
The March 2013 EU–IMF grab of about 50% of large bank accounts in Cyprus 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. (We launched our endowment fund shortly after the Cyprus crisis began.) Such confiscations continue with the confiscation of all bonds held by Polish private pensions.
 
Any bitcoins donated anywhere on the Lifeboat site will be added to our bitcoin endowment fund. Any non-bitcoin donations made on this page will be used to buy bitcoin-related hardware such as bitcoin address generating equipment or will be used to buy bitcoins.
 
Learn about the Bitcoin Foundation. Read Bitcoin Magazine. Learn about the potential of bitcoins.
 
We would like to start a trend of nonprofits building endowment funds with bitcoins instead of just spending them all. Nonprofits could be using the deflationary power of bitcoins to build up their resources so they are in a better position to make a difference in the world. Help us launch this trend!

To give back to the bitcoin community we have created the first Windows version of oclvanitygen in the world that runs well on high-end AMD cards. (Our version runs nearly four times as fast as the old version!) We also added support for compressed keys as well. You can download the program for free and can learn more about what we did on GitHub. This is a program for generating vanity bitcoin addresses such as our address that begins with 1Lifeboat. PGP signature for program is here.

Use the below form to donate via Amazon, American Express, anoncoin, bitcoin, bitcoin cash, bytecoin, check, CryptogenicBullion, dash, Diners Club, Discover, ethereum, JCB, litecoin, monero, namecoin, MasterCard, noblecoin, NXT, PayPal, peercoin, solarcoin, Visa, wire, or Zcash. You can also send anonymous anoncoin donations to ALifeboatMFbsbBnM157zSwmvLefBMFyRA, bitcoin donations to 1Endowment7huUesEXRuWgEXfxHgxvZHfK, bitcoin cash donations to 1LifeboatVPg24QghZ73Dzrx8AxcJLCnoA, bytecoin donations to 27Ztk296eht7kvkuSWBnSHFkyJuBz12aUQD3JGAB9TzfTmij
vGVsB4626pMkC7ZPHvM8oNBxPSW6NGjtvvY4hdTSEzxz3NQ, CryptogenicBullion to 5oLifeboahKRRBegBet6wKknJXKgZaC2n1, dash to XoLifeboayhU2V4cZjzEWrVY1bs4EXRzVj, ethereum to 0xbadc0de027c5c1aa8917db7c93aec6c4281f6eca, litecoin to LLifeboat89KCQKb9XEH2XGAQqbr2KnUp9, monero at 42BToafqtFZDrGPVzWrTCoG2fd2joMvK4BGV3tiQFnE1HhyQ
5Ug1QzRNLL5xFHyNHc6rLZbZ8GpqV1V41FzNsaxtPbg2LJd, namecoin to N2LifeboatgP2N6eh7SoKKLkfYkJevhYYg, noblecoin to 9oLifeboaAJZD99ewSfEadFQuYRxEwrRFu, NXT to 15218141642686933204, peercoin to PLifeboatRZmTjrLMs6Cpa14Sqc8Nwyq6p, solarcoin to 8LifeboatJu4KqsL5NCtmd45dkD2aFK59X, and Zcash to t1Lifeboat7EQg4jzdUdgDjPkbPqnkWy3LP. You can also donate American Express membership reward points. In addition to all these donation methods, the Lifeboat Foundation is interested in the donation of desktops with PCI-E slots and of laptops without PCI-E slots as well. Let us know if you have such hardware to donate!

Learn about the LIFEBOAT 500!

Lifeboat Foundation respects your privacy! We will not use your optional phone number to contact you for any reason other than to correct a problem relating to your membership processing.

Every donor can provide a short testimonial with their donation which will show up on our donors page. If you haven’t already created a testimonial please consider the ability of your words to help others reach the same conclusion you did. If we all work together, the day when humanity adopts the increasingly powerful technologies of genetics, nanotechnology, and robotics/AI safely will arrive that much sooner.

Privacy Statement:

Lifeboat Foundation will NOT reveal your personal contact info or other sensitive data to third parties, nor will we use it for spamming. Read our privacy policy for details. Amazon and PayPal have different privacy policies; Lifeboat Foundation has no control over what these companies can do with your personal information. You should read their privacy policies.