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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