Tomasz W. Kozlowski wrote:
Andrew Bogott wrote:
So, we have a problem, and then we have an already-implemented solution... what is left for anyone to do but dust off their hands and go to lunch? If Bitpay has already solved the exact problem that we're discussion, why would the foundation spend a nickel duplicating their work?
There are, I believe, several problem with that solution: (1) Bitpay seems to have created that merchant account without ever discussing this with the Foundation, (2) the account is not owned by the Foundation, and the Foundation does not have any influence over it at the moment, (3) given choice, the Foundation might have decided to use the services of their competitor (for whatever reasons).
Re: http://blog.bitpay.com/2012/11/donate-to-wikipedia-with-bitcoin.html
I'm not sure I'm following all of this correctly. I thought the idea was that BitPay would exchange Bitcoins for USDs and then donate the USDs to the Wikimedia Foundation. Why would that require the Wikimedia Foundation being in control of whatever account is used to transfer the funds? Isn't the merchant account simply a means of transferring USDs? I'm lost. :-(
I think Andrew makes a compelling argument, though it's difficult to be sure when the implementation details are not entirely clear.
MZMcBride