Phish.net is a non-commercial project run by Phish fans and for Phish fans under the auspices of the all-volunteer, non-profit Mockingbird Foundation.
This project serves to compile, preserve, and protect encyclopedic information about Phish and their music.
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The Mockingbird Foundation is a non-profit organization founded by Phish fans in 1996 to generate charitable proceeds from the Phish community.
And since we're entirely volunteer – with no office, salaries, or paid staff – administrative costs are less than 2% of revenues! So far, we've distributed over $2 million to support music education for children – hundreds of grants in all 50 states, with more on the way.
It doesn't really hurt Mockingbird in the end, though, and that's the worst part. It hurts the donor. If bitcoin tanks, which it will, or if you can't access the funds, then it's just a donation that you may as well have not gotten. On the other hand, the donor could have put a lot of cash into the bitcoin, watched its value plummet, and realized that he didn't really make a donation at all and is out of the money.