What happened to the Lifeboat Foundation’s Bitcoin Endowment Fund?
Bitcoin-loving nonprofit The Lifeboat Foundation (LBF) says it’s “helping humanity survive existential risks” as we approach the Singularity — but it appears on track for its own crisis: the Internal Revenue Service (IRS).
LBF emerged in 2002 through current president Eric Klein. According to LBF, Klein amassed his fortune trading stocks in the 1990s and by cashing out a Match.com stake in the 2000s.
But once there, you’ll find a heady mix of cryonics supporters, life extension advocates, libertarians, scientists, and blockchainers dotting LBF’s long list of advisors.
Named figures include the deceased child trafficker Jeffrey Epstein, Ethereum co-founder Vitalik Buterin, Cardano founder Charles Hoskinson, Tether founder J.R. Willett, and other prominent technologists.
LBF’s disclosed number one fiat donor is even an early Bitcoin adopter with an interest in sea-steading named Brian Cartmell.
