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Safello Enables Charitable Donations With Bitcoins Tim Draper, founder of the private equity firm Draper Jurvetson Fisher (DFJ) based in San Francisco, bought close to 30,000 Bitcoins on July 2, 2014.  He didn't have an agenda to flip the coins for a profit, it was to spread the use of the coins in emerging markets where access to currency is difficult.
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