Wikipedia announced that it has stopped donating cryptocurrencies.
Molly White of the Wikimedia Foundation, the organization behind Wikipedia, announced that they are stopping cryptocurrency donations.
The decision to stop crypto donations was made based on feedback from the community.
The foundation started accepting donations with Bitcoin in July 2014 to make donations “simple and inclusive”. Working through Coinbase in the first place, the foundation later partnered with BitPay. The organization later began accepting donations with Ethereum and Bitcoin Cash.
As we reported earlier, Wikipedia editors voted to suspend crypto donations, but crypto donations were not definitively cancelled. The foundation believes cryptos pollute the environment.
Wikipedia also stated that cryptos are very risky and therefore may be a risk in terms of reputation.
Making this decision was an easy move for the foundation as cryptocurrency donations accounted for only 0.08% of total donations in 2021.
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