Bitcoin Global Reserve Fund is rated 3 out of 5 in the category philanthropy. Read and write reviews about Bitcoin Global Reserve Fund. Background: In 2010 by Michael J Trout, Sahdu of the Blockchain realized capitalism was inherently flaws and needed fixing. He started working on a new business model driven and managed by AI built utilizing the blockchain and funded by Hal Finney's bitcoin as its global reserve. In 2011 after being unsuccessful in gaining interest from silicon valley he turned to Bitcoin Magazine founder and CEO Matthew D. Wright (#ethwaldo) for help for developing the Open Startup !nnovation Framework needed for transforming capitalism of a few into Open Beneficial AI-driven social capitalism. Because of Hal's design, by making Bitcoin the most scarce asset on the planet, bitcoin will become priceless over the next 20 years. At the moment it is affordable for anyone to own some. The 1% are trying to amass as much as possible and by 2021 it will be out of reach of most. Michael J. Trout is acting as custodian of the Fund. He as donated 4.2 BTC to it and is looking for partners like Open AI to develop the OBAI that will manage and safeguard the fund that will exist on the blockchain. No one will have access to the fund accept for OBAI. OBAI can not move BTC out of the Fund but instead will issue a kind of dividend called UP$ that is underwritten by the fund. The Fund becomes what gold was to the Dollar was prior to 1971. learn more www.socapism.com
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