Bitcoin Holds Big Promise for Charity but Hasn't Delivered Many Big Gifts

Bitcoin Holds Big Promise for Charity but Hasn't Delivered Many Big Gifts

Aislinn Wish Leoncio-Apilado is a baby in the Philippines who needs a liver transplant. Miguel Cuneta, a bitcoin entrepreneur in the country, wanted to help. Cuneta, co-founder of payment services startup Bitmarket.ph, had already successfully raised enough in bitcoin donations to buy 20 boats for fishers who lost their livelihood in 2013's Typhoon Haiyan. Anxious to demonstrate again bitcoin's potential for doing good, he helped Aislinn's family set up a bitcoin wallet and spread the word on a Facebook group and reddit. Soon 3.4BTC had come in, delighting the family. He said: "Raising....


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