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Australian Wild Fires Continue Raging, BTC Donations Accepted

Stefan by Stefan
04/01/2020
in Bitcoin News
Reading Time: 2 mins read
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australia wild fires|australia wild fires|australia wild fires|australia wild fires|australia wild fires
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The Australia Wild Fires are still raging the dry season and now bitcoin donations are accepted and addresses have been opened in order to make contributions for relief as we are reading further in the bitcoin news below.

The #AustraliaBurning hashtag spread between the crypto community and a Bitcoin donation address was open for contributions and about 0.26 BTC were collected. Bitcoin donations are flowing as the address was made public with a goal of raising significant sum once the hashtag gets popularized. The Australia wild fires remain the biggest bushfire crisis in history bringing damage to both the residential area and wildfires. The fires caught more than 14.5 million acres and are spreading by themselves as the local storms breed even more fires.
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Australia is a home to extremely diverse wildlife and losing habitat means a crisis for the entire world for losing the animal populations.

The bitcoin donations are not a new phenomenon since there were many projects opening donations for various projects. The donations are so far the most valuable ones and the decision is simply to open a donation address that will save people from the hassle from going through an intermediary. The link of the bush fires to the global climate change also grew the attention to the problem. Over the past year, the entire crypto community rejoined the efforts to fight climate change with both sporadic and organized donations. Justin Sun who is the co-founder of TRON, pledged $1 million in crypto to support the fight against climate change.

However, this time, the Bitcoin collection of the donations is opened to anyone so everyone can donate. The BTC donations have not been as smooth especially when using an intermediary. In 2019, BitPAy blocked as much as $100,000 in donations because of the Amazon wildfires citing restrictions on a few anonymous transfers. The donations have been a tradition over the past years supporting projects such as WikiLeaks among others. The donations also include opening BTC wallets or to rely on BitPay to process the donation. In 2019 the increased attention of the US IRS also meant that the donations can be tax-deductible.

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DC Forecasts is a leader in many crypto news categories, striving for the highest journalistic standards and abiding by a strict set of editorial policies. If you are interested to offer your expertise or contribute to our news website, feel free to contact us at editor@dcforecasts.com

Tags: australian firesaustralian wild firesbitcoin donationBitcoin donationsbtc donationsbtc donations acceptedCharitycrypto donationsdonate bitcoinfeaturedfires in Australiaraging fires
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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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