Yet another Hacker News

100 points jakemanger 1 hour ago 25 comments

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

JimBlackwood 49 minutes ago | parent

I imagine they might wait, to make it’s legally obtained Bitcoin.

a3w 16 minutes ago | parent

In which country would waiting help?

cyberpunk 11 minutes ago | parent

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!

T0Bi 5 minutes ago | parent

It's one year, unless something changed recently.

pluc 45 minutes ago | parent

hodl

esskay 35 minutes ago | parent

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.

accountrequired 28 minutes ago | parent

Bitcoin died *again*? hehe :P

esskay 20 minutes ago | parent

oh i dont think its 'dead' in the way people often describe. More...done. Like, the period of obscene growth is over and its now seemingly settled into a fairly dull investment with mediocre returns.

sph 5 minutes ago | parent

Well, that’s what people have said all the way to $70k+ price.

w4yai 21 minutes ago | parent

https://bitcoindeaths.com/

zeofig 16 minutes ago | parent

Buy signal

seymon 43 minutes ago | parent

I hope they still have the private key.

jakemanger 22 minutes ago | parent

Really hope so too. Would be devastating

wyclif 42 minutes ago | parent

The project no longer uses that Bitcoin wallet for bounties.

ricardobeat 32 minutes ago | parent

What does that mean for that donation, and why is the wallet still listed on the website?

colesantiago 34 minutes ago | parent

Bitcoin really isn't money.

They should send it to a dead wallet instead.

AIiscoming 31 minutes ago | parent

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 :)

deniska 26 minutes ago | parent

To never have experienced a usefulness of cryptocurrency is a privileged position to be in.

colesantiago 20 minutes ago | parent

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.

gitowiec 29 minutes ago | parent

Exactly this! It was rendered money by some minds.

nullbio 24 minutes ago | parent

Unlike that paper money. That paper money was created by the Gods!

colesantiago 19 minutes ago | parent

It is even more useless than fiat.

loopydosuette 27 minutes ago | parent

is this (w)hole lie still hodling up? crazy! is my botnet still not out of puberty?