In a new tweet, Pulte says he recently bought 11 Bitcoin worth nearly $80,000 at current market prices.
The chief executive officer of Pulte Capital and grandson of late real estate titan William John Pulte is a big proponent of decentralized technology.
Pulte has been giving away money for months.
Earlier this year, he pledged to give away as much as a million dollars on Twitter to people and organizations in need. He has also given away Bitcoin (BTC), the flagship cryptocurrency that allows people to transfer value to each other without needing third-parties, facilitating the movement of money without financial platforms such as PayPal which can carry high fees or remain unavailable in certain jurisdictions.
“The reason that I gave away Bitcoin on the internet is that I believe that peer-to-peer systems are the way of the future. We’ve been Decentralizing Philanthropy to become peer-to-peer, which helps more people.. faster. I’m using my money to help us blaze new frontiers. Join us!”
Recipients of Pulte’s donations include disabled war veterans, a cancer patient, a poor homeless family living in a car, and teachers who didn’t have money to buy classroom supplies.
Pulte says that by giving away money via Twitter he can show people that it’s easy to make donations directly to those who might need them. He hopes celebrities like beauty mogul Kylie Jenner also start donating to charities via social media.
Says Pulte,
“If you have no money, give kindness. If you have no kindness, give love. If you have no love, start loving yourself. You will notice something magical inside yourself, and that can change the world.”