read.cash Log in
@BOMBERuss more from that month

The Wikimedia Foundation, which supports #Wikipedia, closes its BitPay account and announces that it stops accepting donations in cryptocurrency (#BTC and #ETH) based on feedback from its community. Recall that #Wikimedia is an open source online encyclopedia, and #BitPay is a cryptocurrency payment service that he used as a partner. Lisa Seitz-Gruwell, the foundation's chief development specialist, said that Wikimedia has decided to stop directly accepting cryptocurrencies as a means of donation. In particular, the BitPay account is being closed, which will make it impossible to directly accept #cryptocurrency as a donation method from companies and individuals. In 2021, only $130,000 worth of donations were made in cryptocurrency, which is 0.08% of the total income of the fund. This is a very small amount. Thus, it is extremely unlikely that the fund will suffer financially after the recent decision.

No comments yet

Log in to join in Reading is open to everyone. Replying needs an account.