09 Sep '13, 12pm

#bitcoin

#bitcoin

Over the past five months, Sean’s Outpost has come to be perhaps the most well-known charity in the Bitcoin community. Sean’s Outpost, a homeless shelter in Pensacola, Florida run by Jason King, first started accepting Bitcoin in March 2013, carrying a simple message: “When we break down cost, it runs about $1.25 to make a bagged lunch and get it delivered to a homeless person. 40 meals = $50. $50 is K1 BTC. Here is your chance to make a guaranteed, phenomenal return on your investment. Donating 1 bitcoin right now will put food in the tummies of 40 homeless people.” Four days later, Sean’s Outpost had raised over over $600, and over the months that followed Sean’s Outpost and the Bitcoin community developed a symbiosis closer than either had thought would happen. King has become a regular presence on the Bitcoin Reddit community, participated as a speaker in the 2013 San ...

Full article: http://bitcoinmagazine.com/6939/seans-outpost-announces-s...

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