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Topic: Wikipedia Raises 237 BTC Through Donations In One Week - page 2. (Read 3516 times)

sgk
legendary
Activity: 1470
Merit: 1002
!! HODL !!
Late; but better late than never.

They could have raised a lot more if they had started accepting it earlier.
full member
Activity: 141
Merit: 100
Last year, I had my wallet ready to donate, but nooo.... they wouldn't accept it.


 Grin
member
Activity: 65
Merit: 10
This is truly amazing, I'm stunned at what all of us can do together. Smiley
hero member
Activity: 988
Merit: 1000
The WikkiLeaks founder had said in a news interview a few months ago that if it was not for their investment in BTC several years ago they would likely have not been able to survive. They had purchased several thousand BTC for pennies and sold it near it's highs. The moral of the story is that dollars are not the only thing that can support a foundation.

Small correction. Wikileaks didn't purchase the bitcoins. They published a donation address and the bitcoins were donated. I donated a bunch way back.
I thought for sure that the article said they purchased them for pennies each but it could have been that was the value that they had when they were donated. I am also certain that they did not accept BTC early on, but it is possible they started some time after it was initially suggested.
legendary
Activity: 2618
Merit: 1105
I'm not going to donate, but it's a good thing that they've started accepting them. I hope more charaties or projects like this get on board. It's free money at the end of the day.

And easy. Free and easy donation coming from a massive community with great potential to help any corporation
newbie
Activity: 28
Merit: 0
That is really great. Good adv for bitcoin. Hope to see such thing on other different resources
legendary
Activity: 4522
Merit: 3426
The WikkiLeaks founder had said in a news interview a few months ago that if it was not for their investment in BTC several years ago they would likely have not been able to survive. They had purchased several thousand BTC for pennies and sold it near it's highs. The moral of the story is that dollars are not the only thing that can support a foundation.

Small correction. Wikileaks didn't purchase the bitcoins. They published a donation address and the bitcoins were donated. I donated a bunch way back.
sr. member
Activity: 434
Merit: 250
^ wikileaks went on to accept bitcoin.. and bitcoin is still obviously going strong. so i'd say that despite his genius, satoshi was wrong in this instance. i think he was right to disappear though.

But I thought they didn't accept bitcoin until way later?

wikileaks is not the same as wikimedia/wikipedia though. julian assange is associated with wikileaks. satoshi was against wikileaks accepting btc because it is an organization that functions to expose government secrecy.
That was not why satoshi was against wikileaks. He was against wikileaks accepting BTC donations because them doing so would attract a lot of attention to Bitcoin when the bugs were still being worked out. That level of attention would likely result multiple attacks on the network and exploits to be found and exploited and bitcoin to fail.

maybe i could have done a better job explaining. wikileaks exposes government secrets, which is consider a danger to the state. associating bitcoin with them, as satoshi thought, was bad news.


i'm a little bit confused here.. wikimedia/wikipedia is not the same as wikileaks.
hero member
Activity: 988
Merit: 1000
^ wikileaks went on to accept bitcoin.. and bitcoin is still obviously going strong. so i'd say that despite his genius, satoshi was wrong in this instance. i think he was right to disappear though.

But I thought they didn't accept bitcoin until way later?

wikileaks is not the same as wikimedia/wikipedia though. julian assange is associated with wikileaks. satoshi was against wikileaks accepting btc because it is an organization that functions to expose government secrecy.
That was not why satoshi was against wikileaks. He was against wikileaks accepting BTC donations because them doing so would attract a lot of attention to Bitcoin when the bugs were still being worked out. That level of attention would likely result multiple attacks on the network and exploits to be found and exploited and bitcoin to fail.
sr. member
Activity: 434
Merit: 250
^ wikileaks went on to accept bitcoin.. and bitcoin is still obviously going strong. so i'd say that despite his genius, satoshi was wrong in this instance. i think he was right to disappear though.

But I thought they didn't accept bitcoin until way later?

wikileaks is not the same as wikimedia/wikipedia though. julian assange is associated with wikileaks. satoshi was against wikileaks accepting btc because it is an organization that functions to expose government secrecy.
sr. member
Activity: 448
Merit: 250
It's Money 2.0| It’s gold for nerds | It's Bitcoin
And they still have the bitcoin donation option burried somewhere in their site...

That doesn't matter much. So are all the other "alternative" options.

How much money did wikipedia make last week? From all the other alternative methods together  Tongue

140000*5/4 because the news sites reported about 18% of all donations were BTC in that week.

I meant methods besides paypal/credit card.

Oh, no clue. But I read somewhere a while back, that they only do about 5 million USD per year in stock donations, if its any help for you Smiley
sr. member
Activity: 252
Merit: 250
Skoupi the Great
And they still have the bitcoin donation option burried somewhere in their site...

That doesn't matter much. So are all the other "alternative" options.

How much money did wikipedia make last week? From all the other alternative methods together  Tongue

140000*5/4 because the news sites reported about 18% of all donations were BTC in that week.

I meant methods besides paypal/credit card.
sr. member
Activity: 448
Merit: 250
It's Money 2.0| It’s gold for nerds | It's Bitcoin
^ wikileaks went on to accept bitcoin.. and bitcoin is still obviously going strong. so i'd say that despite his genius, satoshi was wrong in this instance. i think he was right to disappear though.

But I thought they didn't accept bitcoin until way later?
sr. member
Activity: 448
Merit: 250
It's Money 2.0| It’s gold for nerds | It's Bitcoin
And they still have the bitcoin donation option burried somewhere in their site...

That doesn't matter much. So are all the other "alternative" options.

How much money did wikipedia make last week? From all the other alternative methods together  Tongue

140000*5/4 because the news sites reported about 18% of all donations were BTC in that week.
sr. member
Activity: 252
Merit: 250
Skoupi the Great
And they still have the bitcoin donation option burried somewhere in their site...

That doesn't matter much. So are all the other "alternative" options.

How much money did wikipedia make last week? From all the other alternative methods together  Tongue
sr. member
Activity: 434
Merit: 250
^ wikileaks went on to accept bitcoin.. and bitcoin is still obviously going strong. so i'd say that despite his genius, satoshi was wrong in this instance. i think he was right to disappear though.
sr. member
Activity: 448
Merit: 250
It's Money 2.0| It’s gold for nerds | It's Bitcoin
@question authority: Wikimedia needs to sell those coins. Like they need to sell stock donated to them. Even if they'd love to hold them, they can't because of the structure of their foundation. Read it up..

I don't believe for one second that they bought Bitcoin for pennies and sold it later for a huge profit. If that were true why not just start accepting Bitcoin donations several years ago when they were first approached? Also, where did they exchange them? Do they have an address that can be checked? That's total BS. They finally know an easy way to get cash for them so they accept them now.
Wikileaks is still a very controversial enterprise and many payment processors does not want anything to do with them. Wikileaks would need to open an account on an exchange and open a bank account to receive the money to. Both the exchange and bank would become magnet for possible regulatory action/investigations that are unrelated to their dealings with wikileaks.

They also tried to start accepting BTC donations in the early days of BTC, but satoshi asked they not accept BTC donations because it would attract too much attention to BTC when BTC was too young.

Source?

finally found it.. it was on page 3. https://bitcointalksearch.org/topic/m.26999

Basically, bring it on.  Let's encourage Wikileaks to use Bitcoins and I'm willing to face any risk or fallout from that act.
No, don't "bring it on".

The project needs to grow gradually so the software can be strengthened along the way.

I make this appeal to WikiLeaks not to try to use Bitcoin.  Bitcoin is a small beta community in its infancy.  You would not stand to get more than pocket change, and the heat you would bring would likely destroy us at this stage.



Nice find. He was right after all Wink
sr. member
Activity: 434
Merit: 250
@question authority: Wikimedia needs to sell those coins. Like they need to sell stock donated to them. Even if they'd love to hold them, they can't because of the structure of their foundation. Read it up..

I don't believe for one second that they bought Bitcoin for pennies and sold it later for a huge profit. If that were true why not just start accepting Bitcoin donations several years ago when they were first approached? Also, where did they exchange them? Do they have an address that can be checked? That's total BS. They finally know an easy way to get cash for them so they accept them now.
Wikileaks is still a very controversial enterprise and many payment processors does not want anything to do with them. Wikileaks would need to open an account on an exchange and open a bank account to receive the money to. Both the exchange and bank would become magnet for possible regulatory action/investigations that are unrelated to their dealings with wikileaks.

They also tried to start accepting BTC donations in the early days of BTC, but satoshi asked they not accept BTC donations because it would attract too much attention to BTC when BTC was too young.

Source?

finally found it.. it was on page 3. https://bitcointalksearch.org/topic/m.26999

Basically, bring it on.  Let's encourage Wikileaks to use Bitcoins and I'm willing to face any risk or fallout from that act.
No, don't "bring it on".

The project needs to grow gradually so the software can be strengthened along the way.

I make this appeal to WikiLeaks not to try to use Bitcoin.  Bitcoin is a small beta community in its infancy.  You would not stand to get more than pocket change, and the heat you would bring would likely destroy us at this stage.


here is also his 2nd to last post. i think the wikileaks issue was what sent him away. https://bitcointalksearch.org/topic/m.29280
sr. member
Activity: 448
Merit: 250
It's Money 2.0| It’s gold for nerds | It's Bitcoin
And they still have the bitcoin donation option burried somewhere in their site...

That doesn't matter much. So are all the other "alternative" options.
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