Human Rights Foundation to grant 425M satoshis as part of its Bitcoin Development Fund

The
Human
Rights
Foundation

announced

on
Tuesday
that
it
intends
to
distribute
425
million
satoshis

the
smallest
divisible
unit
of
a
Bitcoin

to
various
contributors
as
a
part
of
its
ongoing
Bitcoin
Development
Fund.

Launched
in
May
2020,
the
Bitcoin
Development
Fund
is
primarily
focused
on
improving
the
Bitcoin
network’s
privacy,
usability
and
security.
The
Foundation
said
that
it
will
focus
this
particular
round
of
grants
on
expanding
Bitcoin
education
and
translation
as
well
as
Bitcoin
core,
lightning
and
wallet
development.

According
to
the
organization’s
press
release,
it
will
divide
these
grants
between
a
number
of
recipients,
including
developers
Jarol
Rodriguez,
Farida
Nabourema,
Roya
Mahboob,
Anita
Posch
and
Meron
Estefanos.
Several
projects
will
also
receive
a
grant
from
the
Foundation,
including
the
Sparrow
Bitcoin
Wallet,
Boltz
Exchange,
the
Summer
of
Bitcoin
internship
program,
Blockchain
translation
team
Exonumia,
and
the
Blockchain
Commons
development
group.

The
Foundation
also
noted
that
it
had
given
special
thanks
to
CMS
holdings,
the
Gemini
Opportunity
Fund
and
Jameson
Lopp
for
their
contributions.

Back
in
Jan
2021,
the
Human
Rights
Foundation
made
headlines
when
it

urged
Time
magazine
readers

not
to
demonize
Bitcoin
and
other
cryptocurrencies.
At
the
time,
the
Foundation’s
chief
strategy
officer
Alex
Gladstein
said:

“Bitcoin
is
neutral
like
cash,
and
can’t
discriminate
between
good
and
bad
[…]
Some
extremists
use
these
tools.
They
also
use
mobile
phones,
email
and
the
internet.”

The
exec
went
on
to
warn
that
turning
away
from
burgeoning
financial
tools
like
Bitcoin
could
lead
to
a
bigger
police
state
in
the
U.S.
fueled
by
“mass
surveillance
to
fight
extremism.”

read original article here