Pineapple Will Match up to $4M in Bitcoin to Test Curing PTSD With Psychedelic Drug

The bitcoin charity Pineapple Fund has already donated $1 million to aid in the testing ofMDMA as a treatment for PTSD. It is now challenging the cryptocurrency community to donate more, and pledged to match donations up to $4 million.

Curing PTSD with MDMA

Pineapple Fund, the $86 million bitcoin charity, has announced it will double the value of every donation to the Multidisciplinary Association for Psychedelic Studies (MAPS) until March 10th, up to $4 million. This is meant to help the non-profit research organization reach its funding goal needed to begin Phase 3 clinical trials of MDMA-assisted psychotherapy in patients with severe post-traumatic stress disorder (PTSD). The pledge comes after the fund has already donated $1 million to this endeavor.

Pine, the anonymous bitcoin whale behind the fund, commented: “I believe we, the cryptocurrency community, can fully fund Phase 3 trials. Prescription MDMA could be a gift to this world from the bitcoin community. Let’s make MDMA medicine a reality, and give the gift of an enjoyable life to those suffering from PTSD. If you believe that psychedelic drugs can have incredible therapeutic potential, then I believe this is one of the highest impact projects today.” […]

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