Wikipedia will no longer accept cryptocurrency

By: Vadim Osiyuk | 04.05.2022, 14:33
Wikipedia will no longer accept cryptocurrency

Wikimedia is a non-profit company that is behind Wikipedia and a number of other sites that follow similar principles and aims to "develop and maintain open content" and its funding. Now, after four months of discussions and controversy in the community, the company has announced that it will no longer accept donations in cryptocurrency.

The "cryptocurrency-free" campaign was launched by a talented woman Molly White, software engineer, creator Web3 Is Going Just Great, editor of Wikipedia with the unsurpassed name GorillaWarfare and sworn enemy of crypto-brothers around the world. White turned to Wikimedia with "request a comment ", Which lasted from January 10 to April 12, during which the community discussed both sides of the issue of cryptocurrency donations.

About 400 members of the community participated, and according to a Wikimedia document, the most common arguments in favor of banning cryptocurrencies were "environmental issues", "the fact that accepting cryptocurrencies means implicit approval of cryptocurrency issues", and "community issues". . with a risk to the reputation of the movement that accepts cryptocurrencies.

Opponents of the ban have argued that there are "less energy-intensive cryptocurrencies" based on evidence that "cryptocurrencies provide safer ways to donate and finance people in repressive countries" and that "fiat currencies also have environmental concerns."