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Sweep
@0xSweep
Co-Founder @GlydeGG | Programmable Money, AI & cars | 812 Superfast + Huracán | Dubai 🇦🇪 | Contact me here
Joined March 2021
18.5K Following    248.7K Followers
A guy raised Bitcoin worth $59 MILLION and spent nearly all of it helping homeless people In February 2013 an Army veteran named Jason King started a homeless outreach in Pensacola Florida called Sean's Outpost, named after his best friend, a local reporter murdered a year earlier One month later he posted a single pitch to the Bitcoin community: "Donate 1 BTC and we will feed 40 people" Bitcoin was trading at $50 and each meal cost around $1.25 Within 12 hours he had enough for 80 meals and the donations never stopped Pensacola had just made homelessness basically illegal Sleeping outside was banned and King was told that handing a freezing person a blanket counted as helping commit a crime So the Bitcoin community bought 9 acres of forest for $89,000, with the mortgage paid in Bitcoin, giving homeless people a place where they could legally sleep and naming it Satoshi Forest King paid homeless carpenters in Bitcoin to build $7,500 tiny homes for other homeless people, while others learned to use Bitcoin wallets They started earning money online and one even saved enough to move into his own apartment By late 2014 the charity served over 120,000 meals and became the largest meal provider for the homeless in the entire county The charity's own records show it raised around 943 Bitcoin, with 532 coming from King and his wife's own pockets, now worth roughly $59 million Almost every single coin became a $1.25 meal or a bed in the forest
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