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Could this be some scam?The BitByBit Fund won't ask for your money nor your private information. We have no dealings with Facebook, Google, PayPal, nor any financial or governmental organization. And we don't use tricky website coding. Where does this donated Bitcoin come from? It comes from a private donor, who wishes to remain anonymous. What is Bitcoin, anyway? Bitcoin is a popularly-accepted world currency. The people using it establish its value. You can find more detailed answers to this question at Google.com and Bitcoin.net. Monetary values that were once established by "The Authorities" are now governed by the laws of Nature and mathematics. Bitcoin cannot be hacked, inflated, nor gamed. Not by corporations, not by governments. Not by anyone. But what about those stories we hear about scams? Don't be distracted by Bitcoin exchanges, Bitcoin mining, flashy Bitcoin IPOs, Bitcoin gambling sites, or the various "Bitcoin investments" you'll often see promoted. These are possible uses for Bitcoin, but none of which we especially encourage. Can't Bitcoin be hacked? No, it can't. Commercial Bitcoin exchanges sometimes get hacked. People can lose their wallets and their passwords. Scammers, fraudsters, and thieves will prey on anything of value. The same as can happen with ANY currency. *See important note below. But there are so many cryptocurrencies! Which one do I choose? Our focus is on Bitcoin and not the "me-too coins" such as Bitcoin Cash, Bitcoin Gold, Namecoin, Zcash, Zcoin, Litecoin, Dogecoin, etc. These may be cryptocurrencies, but they are not Bitcoin. Bitcoin is a real currency. You use it like money--very convenient money--that can be used person-to-person and across borders, without banks, exchanges, or conversion fees. Are there any other Bitcoin charities like the BitByBit Fund? Not exactly like us, but see: The Pineapple Fund Bitcoin Center NYC Bitcoin Foundation BitGive Foundation ----- *Note: The Electrum Bitcoin wallet (which we use and recommend) versions older than 3.3.4 are susceptible to phishing attacks. This is caused by an imposter site asking you to download their malware, not an attack on Bitcoin itself. Do not download ANY sofware that you are not certain of, and do not download Electrum from any source other than electrum.org. Technical details at https://github.com/spesmilo/electrum/issues/4968 |