Wikipedia Stops Accepting Cryptocurrency Donations Citing Community’s Environ...
Wikipedia has decided to stop accepting cryptocurrency donations after eight years of doing so. The decision is based on the request by the Wikimedia community citing “issues of environmental sustainability” as a key reason. Wikipedia Discontinues Accepting Bitcoin, Crypto Donations Wikimedia Foundation has announced its decision to “discontinue direct acceptance of cryptocurrency as a means of donating.” The foundation began accepting bitcoin in July 2014. “The Wikimedia Foundation is the nonprofit that hosts Wikipedia and our other free knowledge....
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The Wikimeda Foundation, which operates Wikipedia, Wikiquote, and other free resources, has finally started accepting Bitcoin donations. The Wikimedia Foundation has historically kept a cautious distance from Bitcoin. Back in December 2013, CCN's Caleb Chen (then writing for Bitcoin Blogger) emailed the Wikimedia Foundation about accepting Bitcoin donations. This is the response he received:
It continually baffles me day after day that Wikipedia, a students' lifesaver and a mainstay in our modern day age, has not started accepting Bitcoin for donations. Bitcoin Blogger recently posted a response received from the Wikimedia Foundation about Bitcoin donation acceptance, the relevant contents of which are shown below, with my own added italicization. The Wikimedia Foundation, as a donor-driven organization, has a fiduciary duty to be responsible and prudent with its money. The Foundation does not currently accept Bitcoin or other currencies not backed by the full faith and credit....
Open-source online encyclopedia Wikipedia is now accepting bitcoin through a new partnership with Coinbase. The Wikimedia Foundation, which owns and curates Wikipedia, announced on its official blog that it is now accepting donations in the digital currency. The organization cited grassroots community support for the integration, saying that demand for bitcoin support led to discussions on the leadership level. The announcement is notable given the Foundation's past apprehension toward the idea of accepting bitcoin. In March, the organization announced that it was beginning to discuss....
Greenpeace, the ecological NGO, has stopped accepting bitcoin donations due to the big impact the cryptocurrency network has on the environment. The organization, which was one of the first NGOs to add bitcoin to its donations arsenal, has now backpedaled due to the growing energy consumption of the underlying network powering the asset. Greenpeace Stops Accepting Bitcoin Donations Greenpeace has stopped accepting bitcoin donations due to the big environmental impact that the energy consumption that the Bitcoin network is having. The NGO declared in an article earlier this week that they....
A proposal made by the Wikipedia administrator opted for a vote to know if Wikimedia Foundation would still want to receive cryptocurrency donations. The answer to which was a reverberant no. This particular debate over the mentioned proposal has been going on since January and the vote was concluded with around 400 participants. The common […]