Michael Varley, the hedge fund supervisor who gained worldwide fame by precisely predicting the 2008 world monetary disaster, has publicly praised the case for the charitable use of Bitcoin.
Barry, who posts beneath the deal with Cassandra Unchained, endorsed the mysterious donation on social media to Little Needs, a 501(c)(3) nonprofit group devoted to granting needs to kids hospitalized with power and severe sicknesses.
“Bitcoin for Little Needs is an efficient use of BTC {dollars},” Burley stated within the X put up.
Based in 2003, Little Needs has a protracted monitor file of granting greater than 36,000 needs at 46 U.S. hospitals.
The group facilitates each instant and ongoing needs, from small private objects to experiences that deliver consolation and pleasure to kids dealing with severe medical points.
The nonprofit group confirmed that supporters can donate Bitcoin straight by way of a devoted platform. Each.org Answered questions on cryptocurrency donations.
Mr. Burley’s views on Bitcoin
Bitcoin is usually criticized for its excessive volatility and use for speculative investing, however this reveals that the cryptocurrency can also be getting used for philanthropic functions. Accepting Bitcoin has the potential to faucet into new donor teams, together with youthful and extra tech-savvy donors who could want utilizing digital currencies over conventional fee strategies.
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Berry, who rose to fame by predicting the subprime mortgage disaster, is thought for his long-standing criticism of main cryptocurrencies. Most not too long ago, in a December 2025 podcast with creator Michael Lewis, Burley offered a few of his most candid public feedback on Bitcoin.
He opined that it could be “probably the most ridiculous factor” for Bitcoin to achieve $100,000. It added: “It is value nothing.”
The hero of “The Large Brief” additionally evoked the notorious Seventeenth-century Dutch Tulip Bubble.
Beforehand, he warned that the principle downside with cryptocurrencies is leverage.
Nevertheless, this put up signifies that he could also be comfy with main cryptocurrencies primarily based on his current social media posts.
