Manchester, England -- (ReleaseWire) -- 01/19/2018 -- One Manchester community group will be able to further its goals with the extraordinary Bitcoin contribution it recently received. Bit Coin Ref reported that an unidentified individual, known only by UNKNOWN_82 07988890227, donated £1 million in Bitcoin currency to a Manchester community group that has requested that its details, mission and works be kept confidential.
"Bit Coin Ref is a leading site about Bitcoin transactions," said the company's CEO, James Frank. "It has been involved in breaking news about UK Bitcoin transactions and interviewing Bitcoin investors and thought leaders."
The contribution marks the largest of its kind to date within the Bitcoin industry. Bit Coin Ref conducted an Internet search and utilized details of the blockchain account to ascertain the account number. When Bit Coin Ref attempted to contact UNKNOWN_82 07988890227 through his/her profile at https://p2pfoundation.net, the publication received no response and the account has been deleted.
To amass such a fortune, it's assumed that UNKNOWN_82 07988890227 took advantage of the opportunities offered by Bitcoin and invested in the cryptocurrency during its early days. There have been numerous examples of philanthropic enthusiasm by Bitcoin investors around the world during 2017, but none of this scope.
Many Bitcoin investors are cashing in their appreciating assets as tax time arrives to take advantage of the benefits of charitable giving and to avoid capital gain taxes. Others have accrued significant wealth in traditional currency and are altruistically utilizing their Bitcoin largesse for the betterment of others.
The unprecedented £1 million Bitcoin donation by UNKNOWN_82 07988890227 marks the first of its kind and with the ever-increasing value of the cryptocurrency, similar contributions to charitable causes may very well be forthcoming in the future. One thing is certain - as the digital currency continues to change, evolve and increase in value, Bit Coin Ref will remain the leading resource for news and information about the electronic currency.
About Bit Coin Ref
Bit Coin Ref is a leading site about Bitcoin transactions. It has been involved in breaking news about UK Bitcoin transactions and interviewing Bitcoin investors and thought leaders.
Bit Coin Ref
For more information on this press release visit:
Media Relations Contact
Email: Click to Email Dave Burns