[Wikimedia-l] Let's accept Bitcoin as a donation method

Nathan nawrich at gmail.com
Tue Dec 10 20:21:04 UTC 2013


I'm a little skeptical about the charitable nature of Bitpay's offer to
"hold" funds for the WMF. It doesn't help that they refer to "Wikipedia's
bank accounts", but in the absence of other evidence I suspect that Bitpay
is taking advantage of the volatility of Bitcoin exchange rates to profit
from the delay between receiving Bitcoin transactions and forwarding dollar
donations. That assumes that they are, in fact, forwarding donations at
all.


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