Rainforest Foundation and the strategic reserve in Bitcoin

bitcoin btc limbo

The US NGO Rainforest Foundation US is adopting an innovative approach to fund the conservation of the rainforest: the creation of a strategic reserve in Bitcoin.

The Bitcoin project of the Rainforest Foundation US

The Rainforest Foundation US, active for 37 years in the protection of rainforests and the rights of indigenous peoples in Latin America, has announced an ambitious plan: to raise 100 Bitcoin (BTC), equivalent to about 10 million dollars

This strategic reserve will be used to triple the operational budget of the NGO and expand its conservation projects over the next ten years.

The initiative was discussed in episode 54 of the podcast The Agenda, where Suzanne Pelletier, executive director of the NGO, explained how the fund in Bitcoin can ensure greater financial sustainability and independence from traditional financing channels. 

The main projects of the Rainforest Foundation focus on crucial areas such as Brasile, Perù e Guyana, supporting indigenous communities in the defense of their ancestral territories.

The adoption of Bitcoin as a strategic reserve is not an isolated phenomenon. Fourteen American states, the government of the United States, El Salvador and numerous banks and companies have recently announced plans to implement treasury strategies based on BTC. 

The logic behind these reserves is clear: Bitcoin is considered a scarce and deflationary asset, a hedge against inflation and a long-term store of value.

El Salvador, for example, was the first country to make Bitcoin a legal currency and has accumulated a significant reserve. 

Even companies like MicroStrategy and Tesla have adopted treasury strategies based on Bitcoin, consolidating the cryptocurrency as a strategic asset for the future.

Bitcoin for environmental conservation

The project of the Rainforest Foundation US demonstrates how Bitcoin can be used not only as a store of value, but also as an innovative financing tool for environmental causes. 

The volatility of the cryptocurrency market is a challenge, but the NGO focuses on a long-term time horizon, trusting in the growth of Bitcoin’s value to increase its impact.

Furthermore, the use of Bitcoin ensures transparency and traceability, essential factors for donations and funding in the non-profit sector. Transactions on blockchain allow for a more efficient and secure management of funds, reducing administrative costs and increasing donor trust.

The initiative of the Rainforest Foundation US could inspire other NGOs to explore alternative funding models based on Bitcoin. In a context of growing economic uncertainty, the ability to diversify funding sources is crucial for the long-term sustainability of non-profit organizations.

With the expansion of strategic Bitcoin reserves globally, it is likely that more and more public and private entities will consider adopting the cryptocurrency as a reserve asset. 

If the model of the Rainforest Foundation US is successful, it could represent a significant precedent for the financing of environmental conservation, demonstrating that blockchain technology and environmental protection can coexist in an effective and innovative way.

      

News and Analysis on Cryptocurrencies, Blockchain and Decentralized Finance – Cryptonomist – Read More   

Share This Article
Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *