Bitcoin Water Trust has raised $1.4 million and that's important

Three weeks ago, Tyler and Cameron Winklevoss announced the creation of a new trust, the Bitcoin Water Trust. A foundation that aims to bring drinking water to people who do not have access to drinking water. The Winklevoss twins announced the start of the trust earlier this year in Miami. The unique model for trust, called HODL MODL, sets a whole new standard for philanthropy. Instead of putting their donations to work now, they will retain them for four years. Remove after January 1, 2025, to provide safe drinking water in areas where water supply is difficult. Why was the Bitcoin Water Trust established? The Bitcoin Water Trust is part of Charity: Water, which plans to keep all donations they receive in bitcoin until 2025. They said that with donations they can do so much right now, they can do more. coins gain value in 2025. Related literature | Reading Bitcoin Still Has The Potential To Increase By 2500%: Tyler Winklevoss This is a very new way to use charity funds, but the idea behind it convinced people. Charity: Water received its first bitcoin donation in 2014. With HODL MODL, the coins are now said to be worth more than 1,000 times. This means the charity can spend more money on charitable projects. Global fresh water scarcity It is estimated that 785 million people around the world currently do not have access to clean and safe drinking water. This means that one in ten people do not have access to safe drinking water and more than 2.5 billion people live without adequate sanitation. The water crisis has been a cause for concern for some time. Charity: Water, a non-profit organization, was founded in 2006 to combat this problem. The organization provides drinking water to people in developing countries. By 2019, the nonprofit had raised $370 million to further its cause. Related literature | Disaster Raises $10.1M To Become “PayPal for Crypto” Since Founding, Charity Accesses Eight Million People

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