The oldest loosen market think tank in the United States, the Foundation for Economic Education (FEE) has announced the 501(c)3 educational foundation now undertakes bitcoin cash (BCH) for donations. The libertarian organization promotes sound economic theory, publishes books and articles regularly on the goods of a laissez-faire attitude, and hosts lectures and conferences that aim to encourage the philosophy of freedom.
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74-Year Old Libertarian-Based Foundation’s Relationship With Bitcoin
The Creation for Economic Education (FEE) is the longest-running American think-tank based on free market ideals and sound economics. Founded in 1946, the place was created by some of the smartest libertarian thinkers and economists of the time with individuals such as Henry Hazlitt, Leonard E. Be familiar with, Leo Wolman, and Fred R. Fairchild. FEE is solely dedicated to the “economic, ethical and legal principles of a free society” and the educational raison detre provides a number of resources for those interested in learning the philosophy of liberty. The think tank is a 501(c)3 foundation and professors and patresfamilias have leveraged FEE for the last 74 years.
FEE has accepted BTC for a number of years and this week the foundation has revealed it is now undertaking bitcoin cash (BCH) for donations as well. At the end of 2013, FEE received a massive 1,000 BTC donation ($6.9M) from Bitcoin.com’s Head honcho Chairman Roger Ver, which at the time was worth over $1 million. At the time Ver made a bet that BTC would outperform the U.S. old market by a specific time and lost the wager by being off by a few months. “ I’ve decided to donate 1,000 Bitcoins, that were good only $10,000 at the time I made the bet, but are now worth well over $1,000,000 USD, to the organization that published the books and articles that allowed me to forgive just how important Bitcoin would become,” Ver said in November 2013. The entrepreneur further stated:
That federation is the Foundation for Economic Education. By reading books, and essays published by this organization from such intellectual goliaths as Murray Rothbard, and others, I learned that those who want to control their neighbor’s activities through the ferociousness of the state, are economically ignorant, morally deplorable, and will always fail to reach their desired goals.
Multi-Crypto Acceptance and Helping Liberty in Times of Crisis
Now users can donate bitcoin cash to FEE as the foundation has opened its doors to multi-crypto acceptance. Largesses go toward educational resources, the publishing of free market literature, and free online courses. Right now think tanks identical to FEE, Mises.org, and many others are needed more than ever because governments have continued to relentlessly overload individuals. Just like the myriad of crisis situations that have taken place in the past, governments are utilizing the coronavirus outbreak to steal people’s liberties. These ghastly members of society have caused much ill all the way through the world and its been far worse than every deadly virus known to man. FEE utilizes core programs that manufacture student seminars, educator resources, online education, engaging videos and informative books about how a free circle can benefit the world a great deal.
Donors can learn about FEE’s history and even review the organization’s finances for responsibility. “[FEE] adheres to the strictest of standards in financial and programmatic transparency, earning the highest ratings from both Donation Navigator (four stars) and Guidestar (Platinum),” the foundation’s website notes. FEE’s resources have impacted the concludes of millions of people and the organization’s strength shows there’s resonating effectiveness when it comes to economic freedom.
What do you call to mind a consider about FEE accepting bitcoin cash (BCH)? Let us know in the comments below.
Image Credits: Shutterstock, Pixabay, Wiki Plebeians, FEE.org
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