On Mon, Mar 10, 2014 at 11:02 AM, Oliver Keyes <okeyes(a)wikimedia.org> wrote:
<sarcasm>
Wow, we've made an entire 1.6k out of bitcoin? This totally seems like the
highest-value way to spend our time! Thanks, Bitcoin! I'm sure that the
value of these items won't wildly vary in short spaces of time based on
things like, oh, your propensity to have banking neophytes host your
exchanges and end up shut down.
</sarcasm>
Sounds like an interesting headache for Jimmy's tax accountant! Income tax
implications of getting donations in bitcoins, cashing them out and
donating them to a tax exempt organization... might be complicated.
It's hard to credit that people are still pushing for the WMF to accept
Bitcoin payments after the worlds major venue for trading them, the Magic:
The Gathering Online Exchange, crashed and "disappeared" $500m. Obviously
not a safe and secure payment modality right now, where is the rush to jump
into something so risky?