Sponsor Ciro Santilli's work on OurBigBook.com

Ciro Santilli is actively looking for donations and contracts so he can continue to work full time on OurBigBook.com sustainably, and develop free hardcore university-level STEM education for all ages!

At 100k USD, I quit my job to work full time on it for one year. During this year I will use my contacts with STEM students of a world leading university near where I live and solve as many of their problem sheets as possible, mostly by referring to OurBigBook.com articles I'll be writing. The goal is to get as much STEM knowledge as possible into the world, and highlight how flawed presencial and sequential Higher Education is, while positioning OurBigBook.com as an alternative way to organize humanity's knowledge. Quite grand.

Status: ~144k / 200k USD reached. 1st year locked in and started 1st June 2024 to 31st May 2025^[ref], 2nd year stretch goal open. A second year greatly improve chances of success: year one I solve a bunch of courses, year two I come guns blazing with the content and expand further. Donation breakdown:More details: Section "Accounting method"

At 1M USD I retire and work on open STEM education forever.

Note to potential anonymous crypto donors: anonymous donations incur a regulatory risk. I cash out most of such donations and announce it very clearly to the government and banks. For example, at one point Barclays even froze my UK account. But things seem manageable for now. On one hand, such donations serve as a fun test of the financial system. But on the other, if all banks reject my money or if the government decides to take it, I will write off the anonymous donation at zero.

How to give:And if you have a different preferred payment mechanism not listed above, please contact Ciro, and he will set it up.

Ciro's current ambitions require him to remain in developed countries, because Ciro wants to document advanced science and technology by liaising with top universities, and there is not nearly as much high technology in poor countries. Remaining in developed countries is also a required due to family reasons.

If you would like public acknowledgement for your support, Ciro will very gladly give it, just let Ciro know how you'd prefer it. Due to Ciro Santilli's campaign for freedom of speech in China, many supporters have chosen to be anonymous, and that is totally fine, not everyone is interested in politics, or has a situation where going public is acceptable, so we don't have a standard setup yet, let's build it together. A acknowledgement section at the bottom of this page would be a minimum, but I for larger donations we could add a your advertisement in a locations such as:

100k USD/year is a semi arbitrary amount that sounds nice. My last day job total compensation as of 2024 was about 150k USD/year.

So that he can work full time on OurBigBook.com and revolutionize advanced university-level science, technology, engineering, and mathematics eduction for all ages.

Donating to Ciro is the most effective donation per dollar that you can make to:

Ciro's goal in life is to help kids as young as possible to reach, and the push, the frontiers of natural sciences human knowledge, linking it to applications that might be the the next big thing as early as possible. Because nothing is more motivating to students than that feeling of:rather than repeating the same crap that everyone is already learning.

To do this, Ciro wants to work in parallel both on:

Ciro believes that this rare combination of both:produces a virtuous circle, because Ciro:

As explained at OurBigBook.com and high flying bird scientist, Ciro is most excited to make contributions at the "missing middle level of specialization" that lies around later undergrad and lower grad education:But on that middle sweet spot, Ciro believes that something can be done, in such as way that delivers:in a way that is:

Ciro believes that today's society just keep saying over and over: "STEM is good", "STEM is good", "STEM is good" as a religious mantra, but fails miserably at providing free learning material and interaction opportunities for people to actually learn it at a deep enough level to truly appreciate why "STEM is good". This is what he wants to fix.

The following quote is ripped from Gwern Branwen's Patreon page, and it perfectly synthesizes how Ciro feels as well:

In addition to all of this, financial support also helps Ciro continue his general community support activities:

A detailed list of all transactions is kept at: sponsor/budget.js.

Ciro Santilli use the following accounting for this sponsorship calculations.

For significant one time donations, he takes the final money received in one of his cash GBP accounts, then he checks how much that is in dollars on Google at the time of cash out, and then writes that amount down as the final dollar value which is what ultimately counts. This exposes Ciro to USD/GBP fluctuations, but it simplifies accounting for donors which is more important, so it is likely worth it.

For small regular donations, Ciro just tallies it all up in GBP from time to time and converts it all to dollars in one go as it is not worth spending too much time updating those too often.

Ciro Santilli is a UK resident. He will register as a "solo trader" (slightly funny legal term) and treat donations that he uses for projects as grants, which pay regular income tax:The rates are given at: www.gov.uk/income-tax-rates and are as of writing:

National insurance is also likely going to be paid: www.gov.uk/self-employed-national-insurance-rates:

Fortunately however VAT does not need to be paid.

The amount that will be declared is the same as he grant amount that was requested, e.g. if 100k USD is requested for 1 year, then 100k USD will be pro-rata declared on that year.

Any remaining donations that don't yet meet specific grant goals will be initially treated as cash gifts which pay no tax. If in the future they are used as grant money after further goal amounts are reached, then they will taxed as grants.

Note however that if the donor is UK-based and dies within 7 years of the gift being given, inheritance tax has to be paid on them as per: www.gov.uk/inheritance-tax/gifts, at a maximum of 32% and going to to 0% at 7 years, so let me know from the afterlife.

Crazy shady crypto people seem to like Ciro Santilli, so this is in order.

For the love of God do dot give us proceeds of crime.

Giving to Ciro Santilli is the worst possible way to launder your money, as donations amounts are clearly publicly disclosed (though not donor identities if they with to remain anonymous), and clear records kept of every donation made (including private note of donor identities if known). Also suspicious donations are promptly reported to the authorities.

Donation refunds upon donor's requests are only made at our discretion, and may be declined, unless required by law of course. This is to reduce the risks of us unknowingly serving as money mules or aiding money laundering.

Ciro Santilli believes that he is not require to report large donations to either:But note that Ciro will preventively report if there are any further suspicious aspects to any donations received.

Ciro Santilli wants to make sure that you get clear highlights of what your donation money is going into!Sponsors also receive the "Ciro's Edit" email newsletter if desired, which contains similar updates to the above, but delivered directly to their inbox.

When doing "innovative" things that seem "smart", you often end up noticing that they were actually "old" and "dumb", and that you should instead be doing another "innovative smart" thing.

Therefore, there is always a possibility that at some point Ciro Santilli's intended project for donation money will change halfway.

Ciro however makes the following pledge: everything that comes out of donation money work will be:as always.

This does not apply to contract work obviously, only donations.

On 2024-03-18, Ciro Santilli received an anonymous 1000 Monero donation (worth ~126k USD at the time) to his self-custody wallet, which pushed him over his public plea for 100k USD goal to quit his job for one year.

The transaction ID was 5c6af4df39021f3a4a053ef169c9b397e6d6bf6c7e557d3f08e4e1675d7d3eed to self hist custody wallet with address 47kzoCeRMTohJhADejtsGmGimvQKzNsuST7u2aVhAD1VX5WDbh3v1FPUoJoTK3NTJVUgAM3dWCqC4Tmp9KSQaJi6GGYWgYn. This is a roof generated by his Monero wallet: InProofV2AVFBmFhofH4GoG5NsaDutkdNWRTaEhuFgHpHTkpprRmuZ54B8FdUwFp71gqfp2jJpDUrhB3GCzZ2p8CNbh2TW1Z88ShmYWEwtkZFLccEMw9PhH3vWcMVo9mKaRsH3WgJXqq9.

Since this donation is so huge, it deserves some comments and a bit of a retrospective. The path to this donation has been an interactive one, and it is described below.

After starting the OurBigBook Project, Ciro started the sponsor Ciro Santilli's work on OurBigBook.com page on cirosantilli.com and setup some donation methods to help support the project, and possibly try to capitalize a bit on Ciro Santilli's Stack Overflow contributions.

His sponsors are absolutely crazy amazing people, but Ciro simply could attract a large enough amount of small sponsors to reach life changing amounts under those circumstances. This is partly due to Video "And I am not and never have been 'familiar' scene from The Big Short (2015)".

As such, Ciro came to realize more and more that the best approach would be to reach out to a smaller number of rich people, given that the things he works on niche, but may appeal to a particularly wealthy tranche of the population: STEM people. Other experiences and ideas that contribute to this realization are:

Then, whenever a larger donation would come through and surprise Ciro, he would improve his sponsor page statements. First a private 150 USD by an awesome sponsor. Then the 2023-09 ~810$ Bitcoin one. Finally came the 2023-11-20 100 Monero one. And it was that one that pushed Ciro to start his "100k USD = 1 year campaign".

Finally on 2024-03-13, Ciro received an anonymous 10 Monero donation to self-custody wallet. He had clearly stated that one should make a test donation to that wallet before the big one, so 10 Monero felt like it could be the test one. Ciro communicated the reception at: mastodon.social/@cirosantilli/112112988286298258 and twitter.com/cirosantilli/status/1769464788009066710:

Over the next few days, Ciro checked his wallet more often than his previously self imposed once a weekend max, and as expected, he found the big one on a slightly despaired around midnight sleepless night (partly due to parenthood). He was feeling particularly bored and a bit sad with his work life that night. And there it was. 1000 Monero on the wallet. Needless to say, not much sleep was done on that evening!!!

The following days were also tense, with Ciro having a trial by fire on selling large amounts of Monero on the UK, which is not trivial as it had been banned from all major exchanges. But he managed. Further notes on that at: www.reddit.com/r/Monero/comments/17arz9f/converting_xmr_to_gbp_in_the_uk/. Ciro also decided to keep about 200 Monero around just for fun as a crazy moonshot.

Another major factor likely Ciro having published his article: Section "Cool data embedded in the Bitcoin blockchain" in 2019. This is something he wrote entirely for fun during an intense 3 week side-time binge in 2019, though some large updates were made later on. It was this article that likely some crypto-dude attention to Ciro Santilli's profile. As of 2024, there is said to be about 20 crypto billionaires, so perhaps there are about 2000 crypto 10 millionaires^[ref], which is the minimum net worth for a donation of 100k USD to be feasible (1% mark). And perhaps a reasonable number of them are just nerds who got rich, and want to improve the world. There are two lessons from this:

Another factor in the donation, Ciro Santilli believes, is that many rich people thing that education is bullshit. Many successful people are neurodiverse and as such, it is only natural that a large number of rich people want to improve our educational system, which tends to be the very epitome of "boring and average normality" which Ciro Santilli so much detests. This can also be seen in people such as:

Announcements:

Amazing reactions from the Monero Reddit community: www.reddit.com/r/Monero/comments/1brryao/ciro_santilli_received_a_1000_xmr_donation_to/These people have some serious trust issues!!! Perhaps not surprising from a privacy coin community. Ciro's Twitter post: twitter.com/cirosantilli/status/1775961945193017790

The anonymity of the donation is mind blowing.

The first sensation Ciro Santilli got was as if God himself had come down from heaven to toy with an unsuspecting human being. God running an experiment. Or perhaps an AGI that had already secretly taken over. Not very different.

Like with God, this was the answer to Ciro's prayers on Twitter. A one way conversation that leaves you uncertain of the details.

Whichever the case, Ciro is going to put on the best show he possibly can for your money, documenting every step along the way in usual fashion!

Besides the awesomeness however, anonymity is a risk.

Ciro ran this over and over in his head, and the only big risk of anonymity is that if this money is ever proven to be from the proceeds of crime, he would have to give it back to the government and "lose one year's salary he would have otherwise gained".

However, that worst case scenario is not bad enough. If anything, it was a great excuse to quit his job for his family and wife is already worth it. Ciro could do it and survive, though situation would deteriorate slowly. But he was a coward previously.

Ciro does however feel that there is good chance that it is legitimate.

Ciro Santilli's Stack Overflow contributions are exceptional, he's amazing right! He deserves this! Of course, there is danger in this rationale which scammers could exploit. But bro, if scammers are going to send 100k USD to me, then please continue to do so!

Also which criminal would be stupid enough to donate proceeds of crime to a highly public person who is going to clearly announce it?

Just be warned, if you come with a baseball bat trying to get the money back by force, I will call the police immediately and by God you will not get it!!

Given this, Ciro just keeps thinking about the likely profile of the donor:

But the "why anonymous if not criminal" question remains. Generally rich people want recognition both for:Two options that come to mind:

On Friday 18th October 2024, Ciro Santilli received a call from Barclays asking where some of the money in his Barclays account came from and went to, obviously linked to the Monero donation and sale.

The following day, the 19th, a "explain your income in 30 days or you'll lose you account" letter arrived, dated from the 8th of October. This had been available on the online documents, but Ciro did not get an email for it so he was unaware.

The following Tuesday, the 22nd, Ciro noticed that all payments from his card were being declined, and upon calling Barclays they said that this was for pending regulatory issues. His account had been frozen.

The following Tuesday, 29th of November, Ciro noticed that a regular payment had gone through. He then tested his card and it was working again, so at some point the account had been unfrozen.

Part of me wants the donor to give me his real identity and sort this out. It would likely be better for the OurBigBook Project. But the other part of me wants to test the British monetary system. Fun and stressful times.

The chaotic nature of Barclays' Know your customer is apparent:

It is also slightly fun, but not surprising, to see the AgoraDesk buyers refuse to give any contact besides their public Telegram, not even email. I'm not sure that Barclays does Telegram! Not super important though because ultimately the initial Monero donation is anonymous. Shame I started on AgoraDesk before finding out about cryptocurrency swappers such as SimpleSwap.

De-banking is apparently a widespread issue in the UK: www.uktech.news/fintech/revolut-good-reason-debank-20240909: e.g. www.uktech.news/fintech/revolut-good-reason-debank-20240909 notably mentions a well known base by, God forgive me, Nigel Farage.

Related cases:

Published at:

What if I fail? What if one month in I discover that the project is undoable for some reason? Etc.

Nothing can scare a man as much as allowing him to pursue his dream! Because then he may find his dream was purely an empty illusion.

But still, we must try.