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Home Cryptocurrency news

Wikimedia Foundation Mulls Bitcoin Donations

newsbtc by newsbtc
7 years ago
in Cryptocurrency news
Reading Time: 1min read
Advertisement

Wikimedia Foundation SmallSan Francisco-based Wikimedia Foundation — the entity behind Wikipedia — may just be thinking about accepting bitcoin donations. That’s according to a posting on the website, in which the VP of Engineering and Product Development Erik Möller notes that the organization’s fundraising team will look into the matter and make a “decision that should be made purely on cost/benefit grounds”.

Möller himself doesn’t seem keen on the idea of bitcoin, even going so far as to say that “[Wikimedia] might not actually get a
donation total that makes this worth [their] time.”

Möller feels that bitcoin inherently has design flaws, but at the end of the day, Wikimedia is asking for money. If you frequent bitcoin forums and the like, you’ll see there are scores of individuals who are more than willing to donate to the foundation in BTC. If their concern related to bitcoins losing their value, we don’t see why an option like BitPay wouldn’t work.

5 BTC + 300 Free Spins for new players & 15 BTC + 35.000 Free Spins every month, only at mBitcasino. Play Now!

For now, we’ll just have to wait and see what happens. Who knows, perhaps we’ll see an option to donate in bitcoin during Wikipedia’s next annual appeal.

What do you think?

Tags: donationsOnlineOpinionwikimediawikimediafoundation
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