Wikimedia Foundation Debates Acceptance of Cryptocurrency Donations Over Envi...
Following Mozilla’s decision to pause crypto donations due to environmental concerns, a number of Wikimedia Foundation community members have submitted a proposal that asks the foundation to stop accepting digital currency donations. The proposal explains that crypto donations “signals [an] endorsement of the cryptocurrency space,” and also says that “Cryptocurrencies may not align with the Wikimedia Foundation’s commitment to environmental sustainability.” Proposal Claims Cryptocurrencies May Not Align With the Wikimedia Foundation ....
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The Wikimedia Foundation is now accepting bitcoin donations, according to a newly-published blog post on Wednesday. The news comes several months following the Foundation - which runs the web's most popular encyclopedia, Wikipedia - was mulling bitcoin acceptance, but was said to have reservations. Wikimedia Chairman Jimmy Wales has previously expressed interest in this digital currency, and he even accidentally started a fundraiser for the organization, collecting a sum of ten bitcoins in a short period of time. Lisa Gruwell, the Foundation's Chief Revenue Officer, writes: We're fortunate....
The Wikimedia Foundation has soaked up 140k in bitcoin donations since announcing accepting the cryptocurrency last week. The Wikimedia Foundation has soaked up $140k in bitcoin donations since accepting bitcoin donations last week. After some delay, it seems that the decision has paid off. The renowned public domain imaging site announced its partnership with Coinbase to accept bitcoins last week. It took a surprisingly long time for Wikimedia to warm up to donations considering founder Jimmy Wales' explicit curiosity, the obvious convenience in accepting a fee-free payment method, and....
The Wikimedia Foundation made big news last week then they publicly announced they would be accepting bitcoin donations, and already they are returning with some big news a week later. In just one week, the Wikimedia Foundation managed to raise $140,000 in bitcoin donations from the community, which has been known for their generous outpouring (and they've also been begging Wikimedia to accept these types of donations for a while). Wikimedia, of course, is the organization that runs Wikipedia, the world's biggest online encyclopedia. This encyclopedia is free to all, and anyone can edit....
The Wikimedia Foundation decided it has had enough of crypto as 71% decided to ban all digital asset donations and to close its BitPay account. The Wikimedia Foundation, which backs Wikipedia, will shut down its BitPay account and has announced it will stop accepting cryptocurrency donations based on community feedback.The decision to end crypto donations was made after 232 members, or 71% of the Wikimedia Foundation (WMF) community voted in favor of a Jan. 10 proposal that cited energy consumption, ease of use for sanctioned individuals, exposure to crypto scams, and environmental....
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....