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BTC Owners Giving Away Altcoins To Support TOR Project

Stefan by Stefan
20 Sep 2019 • 00:00
in Bitcoin News
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In times when the crypto sphere is buzzing and when there are new price updates in the Bitcoin and coming altcoin news, no one would expect cryptocurrency holders to give away free crypto, right? Well, it seems like BTC owners think differently – they have been donating altcoins to the TOR Project – a nonprofit organization which is primarily responsible for running “The Onion Router.”

As per some Bitcoiners, this is a trend that is a way of killing two birds with one stone. On one hand, it supports the TOR Project and on another, it gets them rid of “shitcoins” as they label them. Also, the BTC owners appear keen to extend the running gag of altcoins being worthless.

Many best cryptocurrency news sites earlier this year showed that people should support the TOR Project. Even the co-host of the “Tales from the Crypt” podcast Matt Odell tweeted, urging people to support the project with donations. This is where the entire frenzy started and how BTC owners began donating altcoins. As Odell back then said, “donate shitcoins. stack sats.”

In the news today, we also have Sarah Stevenson, who is the fundraising director at the TOR Project. She initially thought that the donations were coming from members of the Stellar community, mostly because of the influx of XLM tokens.

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However, the BTC owners corrected her conclusion, seemingly opposed to letting their attempted ribbing to go unnoticed. They piled onto the thread soon, dropping Twitter phrases such as “perfect destination for my airdropped shitcoins” and “sounds like a good place to dump my shitcoins.”

Some of the donations by BTC owners also came from recipients of the Keybase XLM airdrop, the altcoin news today show. As we previously reported, the encrypted messaging platform Keybase partnered with the Stellar Development Foundation, launching a $120 million airdrop.

Right now, BTC owners are seeing these donations as something that benefits the TOR Project. Stevenson said that they appreciate all of the donations, regardless of the subtext.

“I am generally a peace, not war kind of person but I welcome any activity that draws attention to the importance of financially supporting the Tor Project. Everyone benefits from the privacy and anonymity technologies we develop and maintain. As for the tangible value proposition for altcoins, I’ll plead the fifth because I prefer to be friends with everyone,” she concluded.

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Tags: bitcoin btcdonationsBitcoin donationsbitcoin ownersbitcoin usersbtc ownersbtc usersdonation of altcoinsdonations for tortor projecttor project donations
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Stefan

Stefan

Stefan has been writing articles for DCForecasts since 2016 in-house full time. As one of our main cryptocurrency writers, he focuses on covering the latest cryptocurrency news, technical charts, price analyses of coins and press releases. When he is not exploring and covering the latest topics in crypto, you can find Stefan playing basketball, tennis or cycling.

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