Latest news about Bitcoin and all cryptocurrencies. Your daily crypto news habit.
A rather interesting listing has popped up in The Times of parents seeking to raise money for their newborn baby via Bitcoin donations.
‘Bitcoin Baby’ Asks for College Donations
Little Izabella Anna Bowles was born on January 6th, 2019. Her parents, however, have decided to waste absolutely no time in saving up for her college fund.
Unlike regular parents, however, Wioletta and Peter, have decided to ask the cryptocurrency community for their financial support.
A listing published in The Times reads:
Bitcoin Baby
On 6th January 2019 to Wioletta (nee Witek) and Peter, a daughter, Izabella Anna Bowles, sister to Philip, Weighed 2.2kg.
Bitcoin College fund: 1ZAB5XeKMdvax2S8eZT7GQ6Nj4xjbsw1Y
The cryptocurrency community has been quick to respond. The first recorded transaction to that address was on January 10th. Four days later, the address has already seen 154 transactions and it contains 1.03581043 Bitcoin (BTC) 00.
At the time of writing this, the BTC in the address is worth around $3,660.53.
The Times is no stranger to publishing Bitcoin-related content. On January 3rd, 2019, the newspaper featured a front cover ad celebrating Bitcoin genesis block’s tenth birthday, which famously includes a headline from The Times on January 3rd, 2009 that reads:
The Times 03/Jan/2009 Chancellor on brink of second bailout for banks.
The same issue also published an article of BitMEX’s CEO Arthur Hayes warning that the end of cash is “sooner than you think.”
Begging or Crowdfunding?
Izabella’s parents initiative has been regarded by some as a “disguised way to beg” as the Reddit submission has been flagged and removed as it constitutes “begging for money.”
However, the overwhelming majority of users have been nothing but welcoming. The accumulated amount of BTC best shows that.
One thing most of them seem to agree on, however, is the fact that it was a bad move by the parents to only publish the 33 alphanumeric address instead of the alternative QR code.
A lot of users are also making the case that while the current amount of Izabella’s college fund might be insufficient to cover her tuitions if the bullish predictions for Bitcoin’s price come true, it might be more than enough in the future.
Will the Bitcoin baby receive enough money to cover college? Share your prediction below!
Images courtesy of Shutterstock, reddit
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.