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Bitcoinist_Last Door Recovery Society

Silk Road 3.0 Announces Bitcoin Charity Drive

Jp Buntinx
by Jp Buntinx
Last Updated: May 19, 2016 8:53 am
·
Posted in Bitcoin, Bitcoin Breaking News Brief, Breaking Bitcoin News, Breaking News, News, News teaser
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Silk Road 3.0 has returned from the dead not too long ago, and it looks like they will be started an effort to get in people’s good graces again. A society charity drive will be held from June 8 onwards, and US$5 from every sale on the platform will be donated to the Last Door Recovery Society.

Also read: HashFlare Offers ‘Cheapest’ Ether Cloud Mining Contracts

Silk Road 3.0 Charity Drive

Bitcoinist_Last Door Recovery Society Silk Road 3.0 Bitcoin

Albeit the Silk Road 3.0 platform is not being used for legitimate purposes and transactions, the owners seem to have their heart in the right place when it comes to giving back to the community. Based on a press release they sent out earlier today, there is a plan to hold a charity drive come June 8, 2016.

For every sale taking place on the Silk Road 3.0 platform, US$5 will be donated to the Last Door Recovery Society, even if the sale amount does not exceed this threshold. It appears as if the platform owners will be paying some of the donations out of their own pocket, but giving the revenues they can collect from running this deep web marketplace, they will not go bankrupt anytime soon.

The Last Door Recovery Society is a Vancouver-based Drug and Alcohol Treatment Centre, as well as a not-for-profit operating multiple programs. By focusing on both youngsters and adults, as well as adjunct rehab treatment programs for families and partner, they deserve to be supported financially. Bitcoin is a prime candidate for charitable donations, although the origin of funds is rather questionable in this case.

While Silk Road 3.0 is mostly used for selling illegal goods and services – including drugs – the platform operators strongly encourage harm reduction and responsible use of mind altering substances. This may seem rather strange to some people as they would stand to gain less from running the marketplace. Then again, we reported on how the owners are focusing more on their users’ privacy and security than making money for the time being.

Moreover, this will not be the last charity drive conducted by the Silk Road 3.0 platform, and the platform operators urge their user base to send Bitcoin donations to eligible charities on a regular basis. It is commendable to see the people behind this deep web marketplace take such a stance, yet it is rather questionable at the same time.

What are your thoughts on the Silk Road 3.0 charity drive? Will they raise a lot of money with this initiative? Let us know in the comments below!

Source: Deep Dot Web

Images courtesy of Shutterstock, Last Door Recovery Society

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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Jp Buntinx

Jp Buntinx

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JP Buntinx is a freelance Bitcoin writer and Bitcoin journalist for various digital currency news outlets around the world. In other notes, Jean-Pierre is an active member of the Belgian Bitcoin Association, and occasionally attends various Bitcoin Meetups in Ghent and Brussels

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