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by WayneS 4777 days ago
I am going to have to call bull on that.

Here is the original EFF donation page: http://web.archive.org/web/20110514012705/https://www.eff.or...

It contains the bitcoin address.

Here is the history for that address: https://blockchain.info/address/1MCwBbhNGp5hRm5rC1Aims2YFRe2...

Which as you can see received a total of 3,515.077 BTC. This is still a lot and is worth over $400k today, but way short of your 20,000.

FYI, here is the original discussion: https://bitcointalk.org/index.php?topic=20185.0

edit: That discussion was right after the first bitcoin bubble and at the time it was trading for around $17 so the total donations that they were talking about was about $60k. Still a lot of money to be going to the faucet (and down the drain?).

1 comments

Cannot edit or delete the old post, i was wrong by several orders of magnitude, please down vote and ignore. it was 20k USD worth of bitcoin at the time he donated.

Apologies.

Don't apologize too much. I was having fun demonstrating how to track this stuff down. That said I would have been really upset if I had donated a significant amount of money to the EFF and then they decided to give all of it away.

BTW it is probably possible to verify that the money donated was REALLY send to the bitcoin faucet.

Oh and yeah I got my first bitcoins from the faucet like many of these other people. It was an important service, however given how bitcoins can be split up it didn't need to be giving out large amounts at all.

An excellent demonstration of why Bitcoin is awesome: complete transparency on the block-chain.
Hardly insignificant.