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Retweets, Bitcoins and Ether: How the global crypto community is raising funds for India to fight Covid19

Srinivasan has also used Twitter's RT (Retweet) function to great effect, using it to raise awareness and get people to pitch in. For instance, he tweeted that for every RT, he will donate another $50, up to $100,000, to help fight Covid in India.

April 27, 2021 / 07:25 AM IST
Representative Image

Representative Image


Cryptocurrencies may or may not be allowed in India in the future, but angel investor and former Coinbase CTO Balaji Srinivasan, one of its most vocal proponents, has successfully demonstrated its power in raising funds from different parts of the world and transferring them in hours, to help India fight the deadly second wave of Coronavirus.


Srinivasan has also used Twitter's RT (Retweet) function to great effect, using it to raise awareness and get people to pitch in. For instance, he tweeted that for every RT, he will donate another $50, up to $100,000, to help fight Covid in India.

Ethereum co-founder Vitalik Buterin, top executives of Coinbase, NotionHQ, and HubSpot have also contributed. How will the donations be converted into fiat where will they be used?Edited excerpts of a conversation that happened on Twitter between Balaji Srinivasan and Moneycontrol's Chandra R Srikanth:



 Can you take us through how the global crypto community has come together to mobilize Covid relief for India? How can this be amplified?