Report post

Why did wikipedia stop accepting donations in cryptocurrency?

Wikimedia Foundation–the non-profit organisation that runs Wikipedia– has decided to stop accepting donations in cryptocurrency, citing the impact cryptocurrencies such as Bitcoin and Ethereum have on the environment.

Is the Wikimedia Foundation accepting bitcoin?

The Wikimedia Foundation had previously accepted Bitcoin, Ethereum, and Bitcoin Cash through BitPay. Wikipedia’s parent organization, the Wikimedia Foundation, will no longer be accepting any donations in Bitcoin, Bitcoin Cash, or Ethereum after some community members sparked a three-month long debate about the pros and cons of crypto.

What percentage of voters want to stop accepting cryptocurrency?

Of the 326 votes cast between January 10 and April 12 this year, 71 percent (232) supported the proposal to stop accepting cryptocurrency while roughly 29 percent wanted to continue doing so. The results, however, are non-binding.

What payment methods does the Wikimedia Foundation accept?

The Wikimedia Foundation currently accepts donations in Bitcoin, Bitcoin Cash and Ethereum, as well as traditional payment types. According to the community, crypto is one of the foundation's smallest revenue channels, making up a mere .08 percent of 2021 revenue, equating to $130,100.

The World's Leading Crypto Trading Platform

Get my welcome gifts