Outside Source
The Rainforest Foundation US “Treasury for the Trees” initiative aims to raise 100 BTC for a strategic Bitcoin reserve. RFUS executive director Suzanne Pelletier explains why.
News
Strategic Bitcoin reserves and Bitcoin-based treasuries are all the rage these days as 14 US states, the US government, El Salvador, other countries and a handful of banks and corporations have publicly announced or proposed plans to launch reserves.
While the reasons for creating Bitcoin-backed treasuries are many, the Rainforest Foundation US is createing one with the goal of tripling its operating budget and its rainforest conservation efforts over the next 10 years.
This article first appeared at Cointelegraph.com News
