Neovim have a ~$800k Bitcoin donation sitting untouched since 2023
1 hour ago
I was looking at neovim's donation footer at the bottom of their site and saw a bitcoin donation address.
Thought I'd check how much in donations they've gotten. And I saw this massive 10 Bitcoin donation from back in 2023 (worth $800,000 now...)
From the activity history, neovim last sent bitcoin out of the address in 2019 so it's been max 7 years since they've definitely had access.
Does anyone from the neovim project know about this? Seems like a pretty significant amount of funding to have sitting there. Hope it can come to good use as I use neovim daily.
https://www.blockchain.com/explorer/addresses/btc/1Evu6wPrzjsjrNPdCYbHy3HT6ry2EzXFyQ
I hope they still have the private key.
Really hope so too. Would be devastating
The project no longer uses that Bitcoin wallet for bounties.
What does that mean for that donation, and why is the wallet still listed on the website?
I imagine they might wait, to make it’s legally obtained Bitcoin.
In which country would waiting help?
In Germany at least if you've held the coin(s) for 7 years before selling you don't need to pay tax on the profit.
Not sure how this applies to donations though, and of course this will almost certainly be changed in the future, .nl is leading the way in taxing _unrealised_ gains; we are sure to follow!
hodl
I know you're joking but keeping bitcoin now really does feel like a poor investment given it's showing no signs of ever being revived.
https://bitcoindeaths.com/
Bitcoin died *again*? hehe :P
1 reply →
Buy signal
Bitcoin really isn't money.
They should send it to a dead wallet instead.
True and its also not compareable to gold.
But as long as others giving you real money for this garbage, it would be better to use it for a project like neovim :)
To never have experienced a usefulness of cryptocurrency is a privileged position to be in.
A dead wallet has better use for Bitcoin though.
We don't know where the Bitcoin has come from, so it needs to go extensive through anti money laundering checks.
Save the hassle of all of that taxes, accountancy and just send everything to a dead wallet.
Exactly this! It was rendered money by some minds.
Unlike that paper money. That paper money was created by the Gods!
It is even more useless than fiat.
is this (w)hole lie still hodling up? crazy! is my botnet still not out of puberty?