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action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home4/scienrds/scienceandnerds/wp-includes/functions.php on line 6114Source: https:\/\/www.theverge.com\/2022\/5\/1\/23052309\/wikimedia-foundation-stops-cryptocurrency-donations-wikipedia<\/a> The Wikimedia Foundation (WMF), the organization behind Wikipedia, has announced that it will no longer accept donations in cryptocurrency, as first reported by Web3 Is Going Just Great<\/em><\/a>. In an update<\/a>, the WMF says it \u201chas decided to discontinue direct acceptance of cryptocurrency as a means of donating.\u201d It also says it will close its Bitpay account, preventing any future contributions in crypto.<\/p>\n After a lengthy discussion<\/a> with almost 400 members of the WMF community, the majority voted to do away<\/a> with crypto contributions 234 to 94. Some of the main arguments concerned the environmental<\/a> implications<\/a> of Bitcoin, the risk of scams<\/a>, as well as the fact that the WMF gets such a low amount of donations in cryptocurrency compared to other forms of payment. The WMF says it received<\/a> $130,100.94 worth of cryptocurrency donations in 2021, making up just 0.08 percent of the total contributions it received. Following the community\u2019s vote, the WMF held an internal discussion and made the final call to discontinue cryptocurrency donations.<\/p>\n The Wikimedia Foundation has decided to stop accepting cryptocurrency donations. The decision was made based on a community request that the WMF no longer accept crypto donations, which came out of a three-month-long discussion that wrapped up earlier this month. pic.twitter.com\/RHAD0FRA5W<\/a><\/p>\n \u2014 Molly White (@molly0xFFF) May 1, 2022<\/a>\n<\/p><\/blockquote>\n<\/div>\n The WMF first began accepting<\/a> Bitcoin, Bitcoin Cash, and Ether donations in 2014, but a number of issues prompted the organization to reevaluate this policy. Molly White, a longtime Wikipedia editor and the creator of Web3 Is Going Just Great<\/em>, proposed the WMF stop taking cryptocurrency donations in January, arguing that it contradicts the organization\u2019s commitment to environmental sustainability and also signals that the Wikimedia Foundation supports \u201cinherently predatory\u201d investments. <\/p>\n White (who goes by the username GorillaWarfare on Wikipedia) also cited Mozilla\u2019s reevaluation of its involvement in the crypto space. Mozilla ultimately decided to cease cryptocurrency donations<\/a> in April after receiving backlash<\/a> from users, developers, and one of its founders, Jamie Zawinski, for posting a tweet<\/a> reminding users that it accepts donations in Bitcoin and Ethereum.<\/p>\n \u201cI\u2019m really happy that the Wikimedia Foundation implemented the request from its community, and I\u2019m really proud of my community for making what I feel was the ethical decision after a lot of thoughtful discussion,\u201d White said in a statement to The Verge<\/em>. \u201cThere are just too many issues with crypto for any potential donation revenue to be worth the cost of helping to legitimize it.\u201d<\/p>\n The WMF concluded its update by saying it \u201cwill continue to monitor this issue\u201d and will \u201cremain flexible and responsive to the needs of volunteers and donors.\u201d<\/p>\n
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