basspistol.com/_drafts/2020-11-29-we-are-now-open-for-bitcoin-donnations.md

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---
title: We are now open for bitcoin donnations!
description: >-
"We cant imagine to enter the Information Age without changing the
fundamental and most used communication tool: Money" Bernard Lietaer
date: 2020-11-30 07:00:00 +0100
artist:
author: set
category: highlights
album:
tags:
- Future
- internal
- News
image: /images/posts/bitcoinz.jpg
video_path:
download:
link:
url: '#support'
buttontext: Satoshis this way!
check_this_if_cannot_be_bought: true
stores:
- name:
url:
icon:
download: false
---
Without the good services of [Alsenet.com](http://www.alsenet.com/){: target="_blank" rel="noopener"} there would be no Basspistol. Not in it's current shape anyways. And today we're proud to announce that they have facilitated the syndicate with the infrastructure to receive donations in Bitcoins.
> **Bitcoin**(**₿**) is a [cryptocurrency](https://en.wikipedia.org/wiki/Cryptocurrency) invented in 2008 by an unknown person or group of people using the name [Satoshi Nakamoto](https://en.wikipedia.org/wiki/Satoshi_Nakamoto)[\[15\]](https://en.wikipedia.org/wiki/Bitcoin#cite_note-whoissn-20) and started in 2009 when its implementation was released as [open-source software](https://en.wikipedia.org/wiki/Open-source_software). It is a decentralized [digital currency](https://en.wikipedia.org/wiki/Digital_currency) without a [central bank](https://en.wikipedia.org/wiki/Central_bank) or single administrator that can be sent from user to user on the [peer-to-peer bitcoin network](https://en.wikipedia.org/wiki/Bitcoin_network) without the need for intermediaries.[\[8\]](https://en.wikipedia.org/wiki/Bitcoin#cite_note-JSC-12) Transactions are verified by network [nodes](https://en.wikipedia.org/wiki/Node_(networking)) through [cryptography](https://en.wikipedia.org/wiki/Cryptography) and recorded in a public [distributed ledger](https://en.wikipedia.org/wiki/Distributed_ledger) called a [blockchain](https://en.wikipedia.org/wiki/Bitcoin#Blockchain). Bitcoins are created as a reward for a process known as [mining](https://en.wikipedia.org/wiki/Bitcoin#Mining). They can be exchanged for other currencies, products, and services.[\[17\]](https://en.wikipedia.org/wiki/Bitcoin#cite_note-22)  [https://en.wikipedia.org/wiki/Bitcoin](https://en.wikipedia.org/wiki/Bitcoin)
While it doesn't affect our position as a non-profit foundation, enabling our community to support us financially in ways that align with our vision of self-governance, data-sovereignty and autonomy is a move we have long been waiting to make. Simply because non of the existing systems have met our ethical requirements. Basspistol strives for societal change and decentralization. Nothing express these goals better than the concept of Cryptocurrencies.
For now, tossing your Satoshis at us will not give you anything else than eternal gratitude from the Syndicate. However, we are exploring ways of rewarding supporters and how to effectively and automatically distribute them equally among the members of the syndicate.
Watch this space\!