The bitcoin charity Pineapple Fund has already donated $1 million to aid in the check up on of MDMA as a treatment for PTSD. It is now challenging the cryptocurrency community to donate multitudinous, and pledged to match donations up to $4 million.
Also Read: Pineapple Reservoir Donates $5 Million in Bitcoin as Seed Capital for the Poor
Medicine PTSD with MDMA
Pineapple Fund, the $86 million bitcoin munificence, has announced it will double the value of every donation to the Multidisciplinary Affiliation for Psychedelic Studies (MAPS) until March 10th, up to $4 million. This is humbled to help the non-profit research organization reach its funding goal needed to originate Phase 3 clinical trials of MDMA-assisted psychotherapy in patients with exacting post-traumatic stress disorder (PTSD). The pledge comes after the loot has already donated $1 million to this endeavor.
Pine, the anonymous bitcoin whale behind the finance, commented: “I believe we, the cryptocurrency community, can fully fund Phase 3 whirls. Prescription MDMA could be a gift to this world from the bitcoin community. Let’s space MDMA medicine a reality, and give the gift of an enjoyable life to those agony from PTSD. If you believe that psychedelic drugs can have absurd therapeutic potential, then I believe this is one of the highest impact forecasts today.”
New Money, New Ideas
This donation shows another benchmark of how, the redistribution of wealth from old money to early adopters of technology via the stand up of bitcoin is creating a positive change in the world.
Mainly known as an illicit contributor drug under the names Ecstasy, Molly and others, MDMA nevertheless doesn’t have any accepted medical applications and is deemed illegal for bosom use in most countries. While some established charities would receive difficulties associating themselves or their donors with such an enquiry, a fund created by an anonymous person will have no such sinking feelings.
Other recent Pineapple Fund donation recipients include: Quill, which got $1 million to serve them develop a new open source educational model that educates kids critical thinking and science comprehension; Possible, an organization discharging integrated and scalable healthcare in Nepal which also got $1 million; Software Ease Conservancy, home to projects like Git, Homebrew, QEMU, and Selenium; and Wings for Protection, which is providing aerial support against elephant poachers in Chad. Rearmost month the fund also donated $5 million to test comprehensive basic income in Africa.
What other good causes should the bitcoin community should get behind? Deal your thoughts in the comments section below!
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