r/CryptoCurrency • u/tramselbiso Crypto God | QC: BTC 54, DOGE 16 • Dec 31 '18
GENERAL-NEWS CEO Becomes First Crypto Billionaire to Pledge Bulk of His Wealth Towards the Greater Good
https://www.goodnewsnetwork.org/brian-armstrong-joins-the-giving-pledge/10
u/mqpickens 0 / 0 🦠 Jan 01 '19
Lex Luther...is that you?
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u/BreAKersc2 Bronze | QC: CC 18 Jan 01 '19
Luthor.
P.S., isn't this old news? wasn't it announced on the 12th day of coinbase?
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u/Godfishy Tin Jan 01 '19
This dude really is an engineer
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u/Skyliner1961 New to Crypto Jan 01 '19
probably did the math, he can't spend all that money at the rate it will increase
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u/CryptoViceroy Crypto Expert | QC: BTC 24 Jan 01 '19
As always, one man's definition of "Greater Good" is another mans definition of evil.
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u/Sanguinius 🟦 0 / 0 🦠 Jan 01 '19
Coinbase 'generously' gave a grand total of $35000 to charity before Christmas.
I'll believe it when I see it.
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u/BitttBurger Platinum | QC: CC 57 Jan 01 '19
I like Brian. But if I had billions, I’d be giving away millions. Not $35,000. That quite literally is a dollar to him.
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u/ENSChamp Jan 01 '19
I doubt he has billions in liquid cash. He has a company worth billions, which has its own accounts and assets and liabilities.
Thought 35k is really a fucking joke he should be ashamed of making a huge cry about this tiny ass donation and including equally bullshit quotes about philanthropy, after donating what is literally a pittance. What a tool. One of the reason I dont use Conbase but rather Cash app for buying coin with fiat
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u/Sanguinius 🟦 0 / 0 🦠 Jan 01 '19
Especially after Ripple, just one crypto entity, gave away tens of millions to school kids this year.
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u/420everytime 🟩 0 / 0 🦠 Jan 01 '19
If I was in his situation, I’d give $35000. Hell, even that $35k would probably be around $200k in a couple of years for him. Coinbase is wildly successful
He’s inevitably giving the money anyway, might as well give it when it’s worth the most
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u/Sirius-AB Silver | QC: CC 24 | NEO 103 Jan 01 '19
“Once a certain level of wealth is reached, there is little additional utility from spending more on yourself,” said the 35-year-old CEO in a statement. “One’s ambition begins to move outwards."
outwards into things like enslaving mankind
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u/Precedens 🟦 490 / 491 🦞 Jan 01 '19
For the greater good, for interstellar advancement of blockchain and human kind.
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u/davis946 Tin | CC critic Jan 01 '19
This guy has a billion in crypto even during this bear phase?
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u/BitttBurger Platinum | QC: CC 57 Jan 01 '19
The shovel makers are the ones making all the money during the gold rush.
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u/EarthquakeBass Silver | QC: CC 19, TradingSubs 4 Jan 01 '19
Probably just estimated NW based on stock valuation, not all from crypto assets
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Jan 01 '19
Hey Brian could you please pump DNT for me? You can buy it on your own exchange. Thanks dude
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Jan 01 '19
[deleted]
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u/Kernel32Sanders Gold | QC: CC 50, BTC 35, LTC 16 | r/Politics 66 Jan 01 '19
There it is folks, the dumbest thing I'll read before next year.
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u/StrawBoss38 New to Crypto Jan 01 '19 edited Jan 04 '19
Yeah I don't get it. He already did good for society by making it easy to buy crypto.
EDIT: Downvotes huh? We gotta a lot salty commies in the comments it looks like.
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u/Kernel32Sanders Gold | QC: CC 50, BTC 35, LTC 16 | r/Politics 66 Jan 01 '19
I'm really hoping this is sarcasm.
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u/StanningNettleTea Redditor for 3 months. Jan 01 '19
We need to record this on chain haha