NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident

Jimmy Wales Accidentally Starts Bitcoin Donation Campaign

newsbtc
newsbtc
4 years ago
2 mins read

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Jimmy Wales Twitter
Jimmy Wales Source: Twitter

Wikimedia President Jimmy Wales is excited to discover the world of bitcoin, and while doing so, he’s accidentally started a bitcoin donation campaign by simply sharing his bitcoin address on social media.

At the time of this writing, Wales’ bitcoin address has received over 10 BTC from members of the community, translating to over $6,000 USD and counting.

That’s certainly a difference from the 0.1 BTC Wales started off with this weekend, and it’s all going to a good cause: Wikipedia.

The bitcoin community is cleverly using this as an opportunity to nudge Wikimedia into integrating bitcoin donations to the online encyclopedia. And while the current donations being made will go to Wikipedia, Wales said on Twitter today that “No decision has been made for Wikipedia to accept BTC!”

If you haven’t already noticed, the bitcoin community is pretty giving. And if history is anything to go by, they won’t stop until they get what they want.

For example, just this weekend the community has contributed over 44 BTC ($27k+ USD) to Dorian Nakamoto, the man Newsweek claims to be the creator of bitcoin, Satoshi Nakamoto. The fundraiser was used as a collective apology and token of good faith on behalf of the whole bitcoinosphere for having his privacy invaded by the mainstream media.

Do you think Wikipedia is on the verge of accepting bitcoin donations?

Tweet123Share196ShareSend
newsbtc
newsbtc

newsbtc

Comments 2

  1. binaryphile says:
    11 years ago

    The way Jimmy’s talking about the whole thing, there’s a snowball’s chance in hell that he’ll decide to accept it for Wikipedia donations. That’s ok, though. You don’t see bitcoin making personal appeals for donations every time you visit. 😉

    Reply
  2. Gregory Kohs says:
    11 years ago

    How is donating the money to Wikipedia “a good cause”? The Wikimedia Foundation spends less than 51% of its revenues from donations on the actual program services that every 501(c)(3) is required to report as accomplishing the organization’s mission. It is nearly impossible to find a substantial donor to the WMF who expresses any concern at all about this abysmal program efficiency ratio. (Most legitimate charitable educational organizations aim for program efficiency ratios north of 80% or even 90%, not 51%.) Why would donors to the WMF happily look the other way when presented the fact that more than 49 cents of every dollar they donate is being hoarded or spent on personnel and activities that don’t fulfill the mission of the organization? I think it’s because the people who think Wikipedia is an “encyclopedia” are the same types who don’t care where their donation dollars are actually going.

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Comments 2

  1. binaryphile says:
    11 years ago

    The way Jimmy’s talking about the whole thing, there’s a snowball’s chance in hell that he’ll decide to accept it for Wikipedia donations. That’s ok, though. You don’t see bitcoin making personal appeals for donations every time you visit. 😉

    Reply
  2. Gregory Kohs says:
    11 years ago

    How is donating the money to Wikipedia “a good cause”? The Wikimedia Foundation spends less than 51% of its revenues from donations on the actual program services that every 501(c)(3) is required to report as accomplishing the organization’s mission. It is nearly impossible to find a substantial donor to the WMF who expresses any concern at all about this abysmal program efficiency ratio. (Most legitimate charitable educational organizations aim for program efficiency ratios north of 80% or even 90%, not 51%.) Why would donors to the WMF happily look the other way when presented the fact that more than 49 cents of every dollar they donate is being hoarded or spent on personnel and activities that don’t fulfill the mission of the organization? I think it’s because the people who think Wikipedia is an “encyclopedia” are the same types who don’t care where their donation dollars are actually going.

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Ethereum

Ethereum Price Stuck At $2,500: Analyst Says Don’t Trade Until This Happens

The Ethereum price is currently locked in a narrow trading range of around $2,500, with momentum stalling despite the market’s...

Scott Matherson 13 hours ago

What FunToken movement towards a 500% spike says about the scarcity market psychology

FUNToken made an almost historic announcement on June 19, 2025, wherein the company announced a fixed tokenomics, with its supply...

News BTC 14 hours ago
Bitcoin

Bitcoin Investor Sentiment Back To ‘Very Bullish’ — What This Means

The Bitcoin price action was largely sideways rather than strongly bullish for most of June. As of early July, the...

Opeyemi Sule 15 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Bitcoin

Analyst Shares Bitcoin Cheat Sheet Showing When The Bull Run Begins

Scott Matherson 4 hours ago
Bitcoin

No Need To Panic, Bitcoin’s Peak Still Coming In October 2025 – Analyst

Semilore Faleti 6 hours ago
Litecoin

Litecoin Fate Tied To Bitcoin – Will $96 Resistance Crack?

Godspower Owie 7 hours ago

Premium Sponsors

Press Releases

  • Cryptocurrency is the best way to get rich quickly, easily...

    3 hours ago
  • XRP Cryptocurrency × Dogecoin Mining: HASHJ launches...

    10 hours ago
  • Koja kriptovaluta ima veći potencijal za stvaranje milijunaša XRP ili Shiba Inu

    Koja kriptovaluta ima veći potencijal za stvaranje...

    14 hours ago
  • 3 altcoina koje vrijedi pratiti u prvom tjednu srpnja 2025

    14 hours ago
  • XRP Bulls Are Soaring — FINDMINING Rides the Wave to...

    20 hours ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.