IPFS News Link • Bitcoin
Jack Dorsey Commits $21 Million to Bitcoin Development Efforts
• BTC Times21m https://t.co/rrra2TC1xX https://t.co/Zww3WMFKUn
— jack (@jack) May 4, 2024
This donation is part of his broader support for Bitcoin and decentralized social media, viewing Bitcoin as integral to the internet.
The allocation of the $21 million donation includes $15 million for the General Fund, $5 million for The Nostr Fund, and $1 million for operational expenses.
These funds are intended to support ongoing and new projects within the Bitcoin ecosystem and related technologies.