Re: [OSM-talk] Donation from the Pineapple Fund

[Steve Doerr]

On 05/03/2018 12:39, Eugene Alvin Villar wrote:
On Mon, Mar 5, 2018 at 8:21 PM, Dave F > wrote:



was it converted into hard currency?



all of the donated bitcoins should have already been converted to 
British pounds:


That'll be a 'no' then.

;-)

--
Steve


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Re: [OSM-talk] Donation from the Pineapple Fund

[Frederik Ramm]

Hi,

On 03/05/2018 04:15 AM, Daniel Koć wrote:
> I wonder how OSMF plans to use it?

We're leaning towards a cautious approach, i.e. not "spend it all for
something cool" but use the money spread across several years. It is
also clear that it would be unwise to use a one-time donation for
anything in our ordinary budget lest we'd have to find a similar donor
regularly!

At the last face-to-face meeting of the OSMF board we discussed plans to
run a "microgrant" scheme which could pay for things like (but not
limited to) coding projects in the OSM ecosystem. It is possible that we
will use part of the Pineapple Fund money to start something like this.
Details, however, still need to be worked out and no final decisions
have been made.

We have exchanged 15 of the 18 BTC that we received and got £146k from
it. This was thanks to Grant Slater who picked a very good time to make
these exchanges. The remaining 3 BTC are still in our account but we
will sell them as soon as we have a good opportunity.

Bye
Frederik

-- 
Frederik Ramm  ##  eMail frede...@remote.org  ##  N49°00'09" E008°23'33"

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Re: [OSM-talk] Donation from the Pineapple Fund

[Michael Andersen]

See https://twitter.com/firefishy1/status/953763743615389697

Hjart

On mandag den 5. marts 2018 12.21.22 CET Dave F wrote:
> I've very little knowledge or even interest in Bitcoin, but was it
> converted into hard currency? If not, is it worth much now?
> 
> DaveF
> 
> On 05/03/2018 03:15, Daniel Koć wrote:
> > Hi,
> > 
> > You might remember news about big bitcoin donation from the Pineapple
> > Fund:
> > 
> > https://blog.openstreetmap.org/2018/01/11/donation-from-pineapple-fund/
> > 
> > I wonder how OSMF plans to use it?
> > 
> > This is substantial amount of money, however I'm aware that it's just
> > a one time shot and not a big change for the OSM in the long run -
> > it's "only" about 2x more than yearly income:
> > 
> > "Our total income in 2016, without SOTM, was £124,000."
> > 
> > https://wiki.osmfoundation.org/wiki/Finances/Treasurer%27s_Report_for_the_
> > December_2017_AGM
> ___
> talk mailing list
> talk@openstreetmap.org
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Re: [OSM-talk] Donation from the Pineapple Fund

[Eugene Alvin Villar]

On Mon, Mar 5, 2018 at 8:21 PM, Dave F  wrote:

> I've very little knowledge or even interest in Bitcoin, but was it
> converted into hard currency? If not, is it worth much now?
>
> DaveF
>

Per Frederik's (OSMF Treasurer) email on the OSMF mailing list in January,
all of the donated bitcoins should have already been converted to British
pounds:
https://lists.openstreetmap.org/pipermail/osmf-talk/2018-January/005009.html

However, I am not sure how much pounds it all was converted into eventually.
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Re: [OSM-talk] Donation from the Pineapple Fund

[Ben Oliver]

On 18-03-05 12:21:22, Dave F wrote:
I've very little knowledge or even interest in Bitcoin, but was it 
converted into hard currency? If not, is it worth much now?


DaveF


I'm curious too. Quite a few projects got a big chunk of change just as 
the price of BTC went down.


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Re: [OSM-talk] Donation from the Pineapple Fund

[Dave F]

I've very little knowledge or even interest in Bitcoin, but was it 
converted into hard currency? If not, is it worth much now?


DaveF


On 05/03/2018 03:15, Daniel Koć wrote:

Hi,

You might remember news about big bitcoin donation from the Pineapple 
Fund:


https://blog.openstreetmap.org/2018/01/11/donation-from-pineapple-fund/

I wonder how OSMF plans to use it?

This is substantial amount of money, however I'm aware that it's just 
a one time shot and not a big change for the OSM in the long run - 
it's "only" about 2x more than yearly income:


"Our total income in 2016, without SOTM, was £124,000."

https://wiki.osmfoundation.org/wiki/Finances/Treasurer%27s_Report_for_the_December_2017_AGM 







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[OSM-talk] Donation from the Pineapple Fund

[Daniel Koć]

Hi,

You might remember news about big bitcoin donation from the Pineapple Fund:

https://blog.openstreetmap.org/2018/01/11/donation-from-pineapple-fund/

I wonder how OSMF plans to use it?

This is substantial amount of money, however I'm aware that it's just a 
one time shot and not a big change for the OSM in the long run - it's 
"only" about 2x more than yearly income:


"Our total income in 2016, without SOTM, was £124,000."

https://wiki.osmfoundation.org/wiki/Finances/Treasurer%27s_Report_for_the_December_2017_AGM


--
"My method is uncertain/ It's a mess but it's working" [F. Apple]


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