Honestly, I don't believe we are still in a stage were we need to beg people to accept our money...
I appreciate your optimism but we're still in a stage where most of my wealth is in BTC form, I'm actively looking for opportunities to use Bitcoin, and hardly finding anything. We need more organizations to accept bitcoins as payment or donations, and I believe Wikipedia is an important strategic target.
How 'bout not giving your BTCs to a free information-providing service that doesn't want bitcoins, and giving them to a free information-providing service that does like bitcoins, like Khan Academy? Just my 2 cents... (and I am not affiliated with KA)
More power to KA and I sent them a small donation. But they're simply a completely different caliber than Wikipedia. Personally I use Wikipedia multiple times daily but don't recall ever using KA, and I expect most people are similar in this regard.
The outgoing Wikimedia chairman is my partner for the last decade. In light of my experience with Wikimedia, I have to say is that I'm amused by this thread.
Soliciting funds on behalf of Wikimedia to random forum members is not likely to help convince
senior wikimedia staffers who steadfastly believe Bitcoin is inherently a scam and Bitcoin users are a mixture of rubes and scammers.
This is one blog post from over two years ago. Possibly some staffers still hold similar misconceptions, but part of the process will be to flesh out and iron out these reservations.
The plan is to have the bitcoins converted to USD before being delivered (via some payment processor). But yes, the plan is to have enough money pledged to make it worth their while.
If you're planning to convert to USD before giving to them, why even talk about Bitcoin? Donators can already send USD to their bank account or via Bit-pay payment processor so they still wouldn't be accepting bitcoin directly, they would be accepting USD as they already do- their problem is with "artifical currencies" such as bitcoin. Also if you're sending USD why would it not be "worth their while" no matter the amount in that case? there's no restrictions in place usually, they wouldn't be doing anything different, no extra work
Below is their response to someone inquiring about bit-pay donations, as you can see they weren't too receptive and quoted some copy paste
Thanks for taking the time to email is about this. Currently we do not accept Bitcoins as a donation option. The website you're referring to was set-up without our knowledge and with no contact from BitPay. We have no way to guarantee that the full amount of your donation will be sent to us. A full list of donation methods can be found at
http://wikimediafoundation.org/wiki/Ways_to_Give/en.
You've answered your own question. Bitpay's offer is in no way sanctioned by Wikimedia. People want to donate in a way that is officially supported. And I've explained in the OP some of their reasons for refusing acknowledgement of Bitcoin as a donation method.
Bit-pay is one of the largest & most reputable processors in this field, so can't see why wmf would have a different opinion when the money comes from random member of a forum instead, donator status or not- they'd probably come out with the same shit
Bitpay is large and reputable, and Wikimedia has made no effort whatsoever to find out who Bitpay is or to enter a formal agreement with them, because they had no reason to. The pledged funds are meant to incentivize them to do the necessary work - finding out who the players are, enter formal agreements, monitor received funds etc.
They will need to officially acknowledge that they're accepting donations via Bitcoin. However, it does not need to be prominently displayed.
so even in small print somewhere it's OK, cause then 'wikimedia officially accepts Bitcoin' PR comes out and gives excuse to pump..
It will be possible to mention Wikipedia as an organization accepting Bitcoin donations, which can boost confidence in the currency and encourage more people to use it. And yes, it should also have a positive impact on its exchange rate.
and if they don't agree what then? you say to the charity they can't have their money? isn't there a word for that? Sorry but the whole thread just seems wrong
Their money? Until we donate it it's not their money. And it's perfectly acceptable to specify the terms under which we are willing to donate.