As more governments clamp down on cryptocurrency, the latest case being the Reserve Bank of India’s order stalling crypto-trading, a lot of investors are worried about the future of digital currency. But there are also some good news stories. For example, former Australian fast bowler Brett Lee has announced he will donate 1 Bitcoin to help fight India’s biggest known outbreak of the coronavirus. The bad news is that the currency is worth about $4,500 at the moment, so it’s not exactly a princely sum, but it’s certainly better than nothing.
Brett Lee, a former Australian international cricketer, has donated bitcoin (worth about $54,000 so far) to the Crypto Relief Fund to help Indian hospitals fight the coronavirus pandemic.
It saddens me greatly that people are suffering because of the current pandemic. I feel privileged to be able to make a difference, and in that spirit I would like to donate 1 BTC (bitcoin) to Crypto Relief to help buy oxygen supplies for hospitals in India, Lee said in a post on Twitter on Tuesday.
Well done @patcummins30 pic.twitter.com/iCeU6933Kp
– Brett Lee (@BrettLee_58) 27. April 2021
Bitcoin for India
In a statement, Lee said he had decided to follow the example of his colleague and compatriot Pat Cummins, who donated $50,000 to the PM Cares Fund on Monday. Mr Cummins’ donation will be used to purchase oxygen for India’s overcrowded hospitals amid the second catastrophic wave of the coronavirus pandemic.
As gamers we are privileged to have a platform to reach millions of people and use that to our advantage. In that spirit, I contributed to the PM Cares fund specifically to buy oxygen for Indian hospitals, Cummins tweeted.
– Pat Cummins (@patcummins30) April 26, 2021
According to reports, cryptocurrency holders and developers around the world are actively working to help India tackle the epidemic. For example, Ethereum co-founder Vitalik Buterin donated over $640,000 in ETH and MKR tokens to a local cryptocurrency assistance foundation over the weekend.
This is great! !!!!
Thank you for your generosity ❤️ https://t.co/NsPxbK15T3
– Brett Lee (@BrettLee_58) 29. April 2021
Now, inspired by Lee and Cummins’ donations, the Estonian Cricket Federation has also made a cryptocurrency donation of 0.027 bitcoin (about $1,500) to help Indian hospitals.
Inspired by [Brett Lee] and [Pat Cummins], the Estonian Cricket Association is proud to contribute where it is needed most, the organization wrote on Twitter.
At the time of publication, Indian Cryptocurrency has already received just over $3 million in digital assets, according to its website.
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