Saturday, December 21, 2013

Bitcoin Not Bombs uses virtual currency to aid homeless

http://www.mercurynews.com/business/ci_24758670/bitcoin-not-bombs-uses-virtual-currency-aid-homeless

Bitcoin Not Bombs, an activist organization to help non-government groups and social entrepreneurs start using the virtual currency Bitcoin, has purchased 325 hoodie sweatshirts to distribute to homeless people in San Francisco.

Bitcoin Not Bombs will hand out the hoodies on Sunday as part of a larger project to help the homeless during the winter months. The organization used crowdfunding -- peer-to-peer online fundraising -- to buy the sweatshirts from clothing retailer Mass Appeal.

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