Wikipedia Developer Stops Accepting Donations in Crypto After Community Votes Strongly Against It

The Wikimedia Foundation previously accepted Bitcoin, Ethereum, and Bitcoin Cash donations through BitPay.

Wikipedia Developer Stops Accepting Donations in Crypto After Community Votes Strongly Against It

Photo Credit: Pixabay/ WorldSpectrum

The Wikipedia community has successfully pushed back against crypto donatiions

  • Wikimedia has accepted crypto since 2014
  • A small percentage of crypto accounted for Wikipedia's donations
  • The foundation conducted a poll to arrive at an outcome

The Wikimedia Foundation, the organisation that develops the world's biggest encyclopedia platform, Wikipedia, has announced that it will no longer accept cryptocurrency donations and has closed its BitPay account. The information comes shortly after the Wikimedia Foundation had a three-month long discussion with 400 local community members after which longtime Wikipedia publisher Molly White's proposed a vote on whether crypto donations should be allowed by the organisation. More than 70 percent of participants in the vote agreed to discontinue all form of donations in cryptocurrency.

"The Wikimedia Foundation has decided to discontinue direct acceptance of cryptocurrency as a means of donating," reads the update from the organisation. "We began our direct acceptance of cryptocurrency in 2014 based on requests from our volunteers and donor communities. We are making this decision based on recent feedback from those same communities."

As noted in the statement, the Wikimedia Foundation began accepting Bitcoin in 2014, when it reasoned that adding Bitcoin as a donation option would help make contributing to the Wikimedia Foundation “as simple and inclusive as possible.” The foundation initially worked with Coinbase to accept Bitcoin donations before switching to BitPay to facilitate donations in additional cryptocurrencies.

When the debate over crypto donations began in January this year, software engineer and Wikipedia editor Molly White noted that just 400 community members participated in the discussion. But many of the accounts, White observed, appeared to be “single-purpose accounts created just for the discussion” to persuade the foundation against crypto.

According to the report, a major argument against cryptocurrency was “issues of environmental sustainability.” But there are a number of more energy-efficient blockchains out there that do not use proof-of-work mining.

On the other hand, those in favor of crypto donations cited a need for pseudonymous donations in countries where Wikipedia might be illegal or censored. It was also argued that because Bitcoin is legal tender in El Salvador and the Central African Republic, the foundation should allow people to donate in their country's official currencies.

Are affordable smartwatches worth it? We discuss this on Orbital, the Gadgets 360 podcast. Orbital is available on Spotify, Gaana, JioSaavn, Google Podcasts, Apple Podcasts, Amazon Music and wherever you get your podcasts.

Cryptocurrency Prices across Indian exchanges


For the latest tech news and reviews, follow Gadgets 360 on Twitter, Facebook, and Google News. For the latest videos on gadgets and tech, subscribe to our YouTube channel.

Shomik Sen Bhattacharjee
Shomik is a senior sub-editor at Gadgets 360. As someone who's screened the consumer tech space for the past four years, he's now shifted focus to the crypto-verse. When not converting currency values in his head, you may find him in an intense five-a-side football match or grinding out the newest Destiny 2 weekly challenge on his Xbox. You can reach him for tips or queries at More
Samsung Galaxy M53 5G: An All-Rounder Smartphone With Made-for-Gen MZ Features
Mental Health, Prayer Apps Have Serious Privacy, Security Issues: Mozilla Researchers
Read in: हिंदी
Share on Facebook Tweet Snapchat Share Reddit Comment



© Copyright Red Pixels Ventures Limited 2022. All rights reserved.