The internationally renowned hacker group "Anonymous" will donate 75 million US dollars worth of Bitcoin.

The international hacker group "Anonymous" has announced the creation of a Bitcoin fund. $75 million worth of Bitcoin will be used for the development of privacy technology and cryptocurrencies.

The project, known as the "Unknown Fund," plans to donate $75 million worth of Bitcoin to early-stage startups working on developing online anonymity concepts. The organization stated that the favored projects will focus on data protection, anonymity-enhancing tools, and cryptocurrencies.

Anonymous Funding

The fund remains quite mysterious, with the anonymous individuals behind it claiming to be "ordinary people from different countries." The anonymous individuals stated:

We are you, we are your children, your brothers and sisters, your friends and colleagues. We are many people from all over the world who fight for the benefit of the majority with a spirit and belief in truth, freedom, and freedom of speech.

According to a report, there are no indications of where the $75 million actually comes from, how many individuals are part of the organization, and how the $75 million worth of Bitcoin will be distributed.

However, the anonymous individuals explained the motivation behind the "Unknown Fund." The organization describes protecting personal privacy data as "one of the main challenges of our time."

The anonymous individuals mentioned that during the 2016 Brexit referendum and the U.S. presidential elections, personal data was used for "targeted advertising" to influence public voting intentions. The anonymous individuals stated:

Privacy data has become a powerful tool for manipulating the public, and the utility of this tool is both amazing and frightening.

Focus on Bitcoin and Privacy Tech

The anonymous individuals believe that many companies leverage privacy data to empower themselves and strengthen the widespread reliance of the general public on social media.

Regarding the future direction of the fund, the organization claims it will predominantly invest in institutions focused on personal data protection, anonymity technology, cryptocurrencies, and blockchain. The anonymous individuals stated:

We see technologies like blockchain and cryptocurrencies as a rare opportunity to empower people with rights and freedoms. It is an opportunity for humanity to create a new environment, an honest monetary system, and make the world a better place.

Finally, the anonymous individuals appeal to the public:

If you believe in freedom of speech, in an internet that is not subject to manipulation and easily accessible, then you are also Anonymous. Our opponents should not doubt our determination or beliefs, we will fight as necessary to achieve our goals.

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