Anonymous Bitcoin Benefactor Rains Millions On Surprised Nonprofits

Pine is new to philanthropy, according to the donor, and did not set out to support any particular causes. “I was just thinking that I wanted to use my bitcoin for good in this world.” But several themes emerged. Pine made a point of showering largess on relatively obscure organizations, bestowing cash on a few high-profile groups — the American Civil Liberties Union’s political arm and Charity: Water each received $2 million — but mostly on small organizations and those working on complicated issues that might not attract average donors.