{"id":394139,"date":"2022-01-14T16:29:46","date_gmt":"2022-01-14T13:29:46","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/university-accepts-bitcoin-donations-to-fund-crypto-related-activities\/"},"modified":"2022-01-14T16:29:46","modified_gmt":"2022-01-14T13:29:46","slug":"university-accepts-bitcoin-donations-to-fund-crypto-related-activities","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/university-accepts-bitcoin-donations-to-fund-crypto-related-activities\/","title":{"rendered":"# University accepts Bitcoin donations to fund crypto-related activities"},"content":{"rendered":"<p>&#8220;<strong># University accepts Bitcoin donations to fund crypto-related activities <\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDEvODI1ZGRhMGQtNzVmYS00Njc3LWI2OGQtY2NkODQyNWI0YzRlLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-128018ef>Back in October 2021, The Campanile Foundation (TCF), an auxiliary of the San Diego State University (SDSU), accepted its first crypto donation. Now, the university <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/newscenter.sdsu.edu\/sdsu_newscenter\/news_story.aspx?sid=78634\">announced<\/a> that it is welcoming digital currency donations in Bitcoin (BTC) and Ether (ETH).<\/p>\n<p>TCF chief financial officer David Fuhriman said one percent of the total crypto holdings would be withdrawn quarterly to fund campus activities that aim to discover how the university could interact with crypto, such as working on a system that permits broader digital transactions within the university.\u00a0<\/p>\n<p>Meanwhile, the rest of the funds will be converted into BTC and will not be liquidated im<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">media<\/a>tely, with hopes that the price will go up in the future and help more programs.\u00a0<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">SDSU accepted the university&#8217;s first cryptocurrency donation this fall, opening the door to similar contributions in the future. <\/p>\n<p>More on digital currency donations.   <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/UsXeG9FaGc\">https:\/\/t.co\/UsXeG9FaGc<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/NLREW4mPHk\">pic.twitter.com\/NLREW4mPHk<\/a><\/p>\n<p>\u2014 San Diego State University (@SDSU) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/SDSU\/status\/1481786958187741188?ref_src=twsrc%5Etfw\">January 14, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\nWhile the crypto market is volatile and holding the assets could lead to a potential loss, the university remains bullish. \u201cIf the value of Bitcoin goes up, then this endowment could last forever,\u201d Fuhriman said. The CFO underscored that they believe that holding could provide good long-term benefits for the SDSU.<\/p>\n<p>The SDSU\u2019s entry into the crypto space aims to attract other potential donors who are interested in supporting crypto-related programs in the university. Fuhriman also mentioned that it could also draw the attention of younger donors who might have unconventional perspectives when it comes to wealth creation.<\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>Green and gold: The crypto projects saving the planet<\/em><\/strong><\/p>\n<p>While the SDSU is adamant about accepting crypto donations, organizations like Wikimedia and Mozilla are under fire because of it. A rising number of Wikimedia contributors are urging the nonprofit to stop accepting donations in cryptocurrency because of crypto\u2019s negative impact on the environment. According to the proposal, the acceptance of crypto violates Wikimedia\u2019s commitment to sustainability.<\/p>\n<p>Mozilla faced a similar issue. After tweeting a reminder that the platform is accepting crypto donations, the organization faced backlash from its followers, led by Mozilla\u2019s co-founder Jamie Zawinski who thinks that the entire crypto industry only manufactures pollution and converts it into cash.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/university-accepts-digital-asset-donations-to-fund-crypto-related-activities\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# University accepts Bitcoin donations to fund crypto-related activities &#8221; Back in October 2021, The Campanile Foundation (TCF), an auxiliary of the San Diego State University (SDSU), accepted its first crypto donation. Now, the university announced that it is welcoming digital currency donations in Bitcoin (BTC) and Ether (ETH). TCF chief financial officer David Fuhriman&#8230;<\/p>\n","protected":false},"author":1,"featured_media":394140,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDEvODI1ZGRhMGQtNzVmYS00Njc3LWI2OGQtY2NkODQyNWI0YzRlLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74862,74863,74355,28433,70577,10574,70438],"class_list":["post-394139","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-bitcoin","tag-cryptocurrencies","tag-adoption","tag-charity","tag-donations","tag-education","tag-universities"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/394139","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=394139"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/394139\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/394140"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=394139"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=394139"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=394139"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}