Bitcoin News: Bitcoin Helping to Fight Ebola

Technology Stocks News 6

A group of entrepreneurs promoting bitcoin in western Africa has reminded the world of the dire situation it faces as its daily fight to stop the spread of Ebola continues. The Sierra Leone Liberty Group (SLLG), initially formed to promote free enterprise and libertarian ideals as the path to prosperity in the country, has continued to promote its message despite the frequent need to jump in and assist members’ fellow countrymen more directly.

According to leader Mustapha Cole, the group has worked with Ministry of Health vehicles alongside local nurses and has used funds from bitcoin donations to deliver dwindling medical supplies such as disinfectant, goggles and rubber gloves and also to help educate local populations on how to avoid Ebola infection.

Cole said: “In Sierra Leone we are suffering from the Ebola outbreak. Every day there is death in my community as people die and food is scarce as the people are quarantined in their homes. Ebola burial teams went on strike due to non-payment of weekly allowances. So we have no faith in the government.”

News on Bitcoins

The SLLG initially asked for donations via bitcoin to help fight Ebola’s spread in August, when there had been only 1,400 deaths. That number has since skyrocketed to over 4,000, and the World Health Organization has warned there could be 20,000 cases by next month without an increase in international assistance.

Cole’s effort to introduce bitcoin to the country has two channels: one a straight-up donation drive through his group’s website to collect micro-donations from anywhere in the world, and the other to raise money through local entrepreneurs selling their products.

Bitcoin Financial News

The donation drive has raised a total of 3.173 BTC via two bitcoin addresses on its homepage and Facebook page.

The lack of a functioning bitcoin ecosystem in Sierra Leone means only the sending end of the process is streamlined. The SLLG’s American mentor, writer and economist Dan McLaughlin, must facilitate payments by exchanging the BTC amounts to fiat and then transferring to Africa via the traditional, cumbersome remittance channels.

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