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Wikipedia Organization Ceases Accepting Cryptocurrency Donations

Posted: Tue May 03, 2022 9:35 am
by claireokc
The Wikimedia Foundation, a non-profit organization that runs Wikipedia and several other “Wiki”-branded online reference tools, announced on May 1 that it would no longer accept donations in the form of cryptocurrency, citing ethical and environmental concerns about the payments using blockchain currencies. The decision follows from a proposal by longtime Wikipedia editor Molly White, who also runs Web3 Is Going Great, a blog that criticizes cryptocurrencies and identifies scams within the cryptocurrency sphere. In her statement, White claims that cryptocurrency is “inherently predatory” and “extremely risky,” as well as a liability for the climate. The final vote came to 232 in favor of ditching crypto, compared to 94 votes against—the Wikimedia Foundation said it took the measure of discounting votes from new and/or unregistered accounts from the final result. ...

Source: https://www.theepochtimes.com/wikipedia ... 40452.html