Fun

Free Market Think Tank FEE Now Accepts Bitcoin Cash Donations

News Feed - 2020-04-11 09:04:56

Free Market Think Tank FEE Now Accepts Bitcoin Cash Donations


The oldest free market think tank in the United States, the Foundation for Economic Education (FEE) has announced the 501(c)3 educational foundation now accepts bitcoin cash (BCH) for donations. The libertarian organization promotes sound economic theory, publishes books and articles regularly on the benefits of a laissez-faire attitude, and hosts lectures and conferences that aim to encourage the philosophy of freedom.


Also read: Bitcoin Going Industrial: New York-Based Natural Gas Provider Sells Fully Compliant ‘Hashpower Contract’74-Year Old Libertarian-Based Foundation’s Relationship With Bitcoin


The Foundation for Economic Education (FEE) is the longest-running American think-tank based on free market ideals and sound economics. Founded in 1946, the group was created by some of the smartest libertarian thinkers and economists of the time with individuals such as Henry Hazlitt, Leonard E. Read, Leo Wolman, and Fred R. Fairchild. FEE is solely dedicated to the “economic, ethical and legal principles of a free society” and the educational foundation provides a number of resources for those interested in learning the philosophy of liberty. The think tank is a 501(c)3 foundation and professors and parents have leveraged FEE for the last 74 years.




FEE has accepted BTC for a number of years and this week the foundation has revealed it is now accepting bitcoin cash (BCH) for donations as well. At the end of 2013, FEE received a massive 1,000 BTC donation ($6.9M) from Bitcoin.com’s Executive Chairman Roger Ver, which at the time was worth over $1 million. At the time Ver made a bet that BTC would outperform the U.S. stock market by a specific time and lost the wager by being off by a few months. “ I’ve decided to donate 1,000 Bitcoins, that were worth only $10,000 at the time I made the bet, but are now worth well over $1,000,000 USD, to the organization that published the books and articles that allowed me to understand just how important Bitcoin would become,” Ver said in November 2013. The entrepreneur further stated:That organization is the Foundation for Economic Education. By reading books, and essays published by this organization from such intellectual giants as Murray Rothbard, and others, I learned that those who want to control their neighbor’s activities through the violence of the state, are economically ignorant, morally deplorable, and will always fail to reach their desired goals.The founders of FEE (from left to right) David Goodrich,Fred R. Fairchild, Donaldson Brown, Leonard E. Read, Henry Hazlitt, Leo Wolman, and Claude E. Robinson.Multi-Crypto Acceptance and Promoting Liberty in Times of Crisis


Now users can donate bitcoin cash to FEE as the foundation has opened its doors to multi-crypto acceptance. Donations go toward educational resources, the publishing of free market literature, and free online courses. Right now think tanks like FEE, Mises.org, and many others are needed more than ever because governments have continued to relentlessly oppress individuals. Just like the myriad of crisis situations that have taken place in the past, governments are using the coronavirus outbreak to steal people’s liberties. These ghastly members of society have caused much ill throughout the world and its been far worse than every deadly virus known to man. FEE utilizes core programs that produce student seminars, educator resources, online education, engaging videos and informative books about how a free society can benefit the world a great deal.




Donors can learn about FEE’s history and even review the organization’s finances for accountability. “[FEE] adheres to the strictest of standards in financial and programmatic transparency, earning the highest ratings from both Charity Navigator (four stars) and Guidestar (Platinum),” the foundation’s website notes. FEE’s resources have impacted the lives of millions of people and the organization’s strength shows there’s resonating effectiveness when it comes to economic freedom.


What do you think about FEE accepting bitcoin cash (BCH)? Let us know in the comments below.JPMorgan, Bank of America, Deutsche Bank Predict Major RecessionNEWS | 7 hours ago


Big banks are predicting a major recession, the deepest one in the post-war era. JPMorgan Chase CEO Jamie Dimon said… read more.Bitcoin Evolution: Wanna Make $1 Million in 2 Months Like Prince Harry and Meghan Markle? It"s a ScamNEWS | 2 days ago


A bitcoin investment scheme has reportedly claimed that Prince Harry and Meghan Markle are making millions using a "wealth loophole"… read more.Tags in this story$1 million, 1000 BTC, 1946, 2013, 501(c)3 foundation, 74-years, anti-state, Anti-war, Bitcoin.com Executive Chairman, Conferences, Donation, economic, Educational Resources, FEE, Fred R. Fairchild, free course, free market think tank, free markets, Henry Hazlitt, Leo Wolman, Leonard E. Read, Libertarianism, Mises.org, Murray Rothbard, online books, online reading material, professors, Roger Ver, seminars, U.S., violence of the state, Voluntarism


Image Credits: Shutterstock, Pixabay, Wiki Commons, FEE.orgPurchase Bitcoin without visiting a cryptocurrency exchange. Buy BTC and BCH here.Disclaimer: This article is for informational purposes only. It is not an offer or solicitation of an offer to buy or sell, or a recommendation, endorsement, or sponsorship of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.Read disclaimer Show comments Please enable JavaScript to view the comments powered by Disqus.

News Feed

Switzerland’s Leonteq Offers Crypto Assets to Investors in Germany and Austria
Switzerland’s Leonteq Offers Crypto Assets to Investors in Germany and Austria Swiss fintech firm Leonteq has introduced its digital asset products in two neig
Bradesco, One of Brazil’s Largest Banks, Launches Tokenized Credit Notes in Blockchain Pilot
Bradesco, One of Brazil"s Largest Banks, Launches Tokenized Credit Notes in Blockchain Pilot Bradesco, one of the largest banks in Brazil and the third biggest in all of Latam, has
Crypto Economy Slides 8% in Value Shaking Out Billions, Blame Placed on New Covid Variant
Crypto Economy Slides 8% in Value Shaking Out Billions, Blame Placed on New Covid Variant During the last 24 hours, the crypto economy has lost 8% in value as a great number of cry
Biggest Movers: AVAX Hits 1-Month High, DOGE Maintains Bullish Momentum
Biggest Movers: AVAX Hits 1-Month High, DOGE Maintains Bullish Momentum Avalanche rallied to a four-week high on Friday, as prices moved close to a key resistance level. The token
From Banking Giants to Tech Darlings, China Reveals Over 500 Enterprise Blockchain Projects
The Takeaway: More than 500 blockchain projects have been registered with the Chinese government since March. The filings reveal some of the largest Chinese banks and tech companies working with the technology. Several g
How to pick tokens for exchange listings? New report offers help
Helen Partz11 hours agoHow to pick tokens for exchange listings? New report offers helpCrypto exchange Bitget and Nansen Research collaborated to help exchanges evaluate the potential of a cryptocurrency depending on the
BTC-e founder pleads guilty in $9B money laundering conspiracy
Amaka Nwaokocha14 hours agoBTC-e founder pleads guilty in $9B money laundering conspiracyThe platform was utilized to launder funds acquired from various criminal activities, including computer hacking, ransomware attack
Web3 Firm Acquires Creator of South Africa’s First Listed PoW Crypto, Safcoin
Web3 Firm Acquires Creator of South Africa"s First Listed PoW Crypto, Safcoin A Web3 technology company, Virtual Nation Builders, recently said it acquired FHM, the firm that creat
After Presidential Rebuke, Nigeria’s Central Bank Says Demonetized Naira Banknotes Still Legal Tender
After Presidential Rebuke, Nigeria"s Central Bank Says Demonetized Naira Banknotes Still Legal Tender The Nigerian central bank has said the recently demonetized ₦200, ₦500 and
Elon Musk Reveals Dogecoin Will Be Accepted at Tesla’s New Futuristic Diner, Drive-in Theater
Elon Musk Reveals Dogecoin Will Be Accepted at Tesla"s New Futuristic Diner, Drive-in Theater Elon Musk has revealed that Tesla’s upcoming futuristic diner and drive-in thea
Leading Crypto Exchange BitYard Offers Trading in Over 150 Countries – Here’s How You Can Benefit
Leading Crypto Exchange BitYard Offers Trading in Over 150 Countries - Here’s How You Can Benefit sponsored Come join and become a part of BitYard, the leading crypto exchange tha
Turner Wright6 hours agoTether acquires stake in Bitcoin miner Northern Data, hinting at AI collaborationThe strategic investment into Northern Data through Tether group company Damoon may involve collaborations leveragi