Wikipedia will no longer accept crypto donations

The Wikimedia Foundation, which has been accepting crypto donations since 2014, will no longer accept donations via crypto. The foundation has closed its Bitpay account. However, the decision is still open to debate.
 Wikipedia will no longer accept crypto donations
READING NOW Wikipedia will no longer accept crypto donations

The non-profit Wikimedia Foundation, which is known for Wikipedia in particular and works based on donations in general, stops accepting donations via crypto money. The foundation has closed its Bitpay account. Wikimedia has been accepting donations via crypto since 2014.

Crypto donations were judged unethical

Editors, especially the Wikipedia editor GorillaWarefare (Molly White), made suggestions to the foundation against crypto donations. GorillaWarefare stated that crypto donations are an incredibly risky investment and that these donations go against the foundation’s sustainability missions. Molly White also stated that the Mozilla Foundation’s stop to Bitcoin donations inspired her.

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Wikimedia said it was waiting for ideas for GorillaWarefare’s proposal. At the end of the process, 232 votes wanted crypto donations to be blocked, and 94 votes not to. Molly White told The Verge that crypto donations have too many problems to justify the situation. Considering that the crypto industry consumes more electricity than some countries, he may be right. Wikimedia also stated that they will continue to evaluate the situation and will be flexible throughout this process. Maybe the Foundation will change its mind in the future.

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