{"id":440555,"date":"2022-05-02T06:40:41","date_gmt":"2022-05-02T03:40:41","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/wikimedia-foundation-shutters-bitpay-account-halting-crypto-donations\/"},"modified":"2022-05-02T06:40:41","modified_gmt":"2022-05-02T03:40:41","slug":"wikimedia-foundation-shutters-bitpay-account-halting-crypto-donations","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/wikimedia-foundation-shutters-bitpay-account-halting-crypto-donations\/","title":{"rendered":"# Wikimedia Foundation shutters BitPay account halting crypto donations"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a2787b3727d4\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a2787b3727d4\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/wikimedia-foundation-shutters-bitpay-account-halting-crypto-donations\/#%E2%80%9D_Wikimedia_Foundation_shutters_BitPay_account_halting_crypto_donations_%E2%80%9C\" >&#8221; Wikimedia Foundation shutters BitPay account halting crypto donations &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_Wikimedia_Foundation_shutters_BitPay_account_halting_crypto_donations_%E2%80%9C\"><\/span>&#8221; Wikimedia Foundation shutters BitPay account halting crypto donations &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDUvNTBiZDNjOTYtNmQ3MC00YTRiLTk1ODUtM2JkZGJmOWRlZDEyLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-2a0745c6>The Wiki<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">media<\/a> Foundation, which backs Wikipedia, will shut down its BitPay account and has announced it will stop accepting cryptocurrency donations based on community feedback.<\/p>\n<p>The decision to end crypto donations was made after 232 members, or 71% of the Wikimedia Foundation (WMF) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/meta.wikimedia.org\/wiki\/Requests_for_comment\/Stop_accepting_cryptocurrency_donations#Cryptocurrencies_are_only_a_tool_for_crime_and_a_financial_scam\">community<\/a> voted in favor of a Jan. 10 proposal that cited energy consumption, ease of use for sanctioned individuals, exposure to crypto scams, and environmental sustainability as reasons to stop it.<\/p>\n<p>These issues raised concerns about how accepting crypto could damage the foundation\u2019s reputation in the long run. Wikipedia is an open-source online encyclopedia and BitPay is a crypto payment service it used as a partner. <\/p>\n<p>In a May 1 update to the original proposal from the WMF, Chief Advancement Officer Lisa Seitz-Gruwell <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/meta.wikimedia.org\/wiki\/Talk:Requests_for_comment\/Stop_accepting_cryptocurrency_donations#Update_from_Wikimedia_Foundation\">stated<\/a>: <\/p>\n<blockquote><p>\u201cThe Wikimedia Foundation has decided to discontinue direct acceptance of cryptocurrency as a means of donating [\u2026] Specifically, we will be closing our BitPay account, which will remove our ability to directly accept cryptocurrency as a method of donating.\u201d<\/p><\/blockquote>\n<p>The proposal and subsequent discussion that ensued revealed that only about $130,000 in crypto donations were made in 2021, which accounted for 0.08% of the foundation&#8217;s total revenue. As a result, it is not likely that the foundation will suffer financially following its recent decision.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">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 wr<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>ed up earlier this month. <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/RHAD0FRA5W\">pic.twitter.com\/RHAD0FRA5W<\/a><\/p>\n<p>\u2014 Molly White (@molly0xFFF) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/molly0xFFF\/status\/1520793329302183940?ref_src=twsrc%5Etfw\">May 1, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>WMF member \u201cGorillaWarfare\u201d applauded the move to ban, as they wrote \u201cThis is great <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">news<\/a>. Thank you for listening to the community.\u201d<\/p>\n<p>Conversely, a vocal opponent of the ban since January whose ID is &#8220;95.91.212.65.01&#8221; wrote: <\/p>\n<blockquote><p>\u201cThis is a shame. Especially the last argument made for this RfC turned out to be purely reactionary. Compare the media reception of Ukraine accepting cryptocurrencies for donations just a few weeks after.\u201d<\/p><\/blockquote>\n<p>Mozilla made a similar move to ban crypto donations for its Firefox browser in January, only to partially reverse the decision in April and begin only accepting cryptos over proof-of-stake (PoS) networks like Polygon (MATIC). <\/p>\n<p>Several voters at the Wikimedia Foundation cited Mozilla\u2019s situation as one to watch as it could have an impact on how the foundation makes future decisions regarding crypto donations. <\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>&#8216;Ready, steady, NFT:&#8217; Ukrainian government accepts NFT donations<\/em><\/strong><\/p>\n<p>Supporters of the ban do not appear threatened by the prospect of a spurned crypto community. Foundation member \u201cDronebogus\u201d wrote in support of the ban: <\/p>\n<blockquote><p>\u201cWikimedia is the largest free web education collective on the planet, what\u2019s Joe Crypto going to do to \u201cdestroy us\u201d? Write a nasty op-ed? Tell his 650 Twitter followers to go to Everipedia?\u201d<\/p><\/blockquote>\n<p>Everipedia is a rival blockchain-based online encyclopedia. The Wikimedia Foundation has accepted crypto donations since 2014.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template>\n<\/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 News 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\/wikimedia-foundation-shutters-bitpay-account-halting-crypto-donations\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; Wikimedia Foundation shutters BitPay account halting crypto donations &#8220; The Wikimedia Foundation, which backs Wikipedia, will shut down its BitPay account and has announced it will stop accepting cryptocurrency donations based on community feedback. The decision to end crypto donations was made after 232 members, or 71% of the Wikimedia Foundation (WMF) community voted&#8230;<\/p>\n","protected":false},"author":1,"featured_media":440556,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDUvNTBiZDNjOTYtNmQ3MC00YTRiLTk1ODUtM2JkZGJmOWRlZDEyLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[80559,86981,74355,70577,25935],"class_list":["post-440555","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-bitpay","tag-wikipedia","tag-adoption","tag-donations","tag-foundation"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/440555","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=440555"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/440555\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/440556"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=440555"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=440555"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=440555"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}