Wikipedia Community Votes Against Crypto Donations

Over 200 Wikipedia editors have requested that the Wikimedia Foundation, which oversees funding for Wikipedia stops accepting cryptocurrency donations, citing common arguments centering around environmental concerns, and volatility. However, it remains unclear as to whether the foundation will act on the community’s decision and halt crypto donations. 71% of Wikipedia Editors are Against Crypto Donations From Jan. 10 to April 12, the Wikimedia Foundation ran a community poll on whether the organization should accept donations in the form of cryptocurrencies such as Bitcoin (BTC), and Ethereum (ETH), among others. With the participation of about 326 voters, a whopping 71% voted against accepting cryptocurrencies while 29% wanted the organization to continue accepting them. At the time of writing, the Wikimedia Foundation accepts donations in Bitcoin (BTC), Bitcoin Cash (BCH), and Ether (ETH), among other payment methods in fiat currencies. The Foundation initially started accepting Bitcoin (BTC) back in 2014, receiving about $140,000 in the first week itself. In its recent fiscal year, the origination received just about $130,000 in crypto donations, which is less than 1% of its 2021 revenue. Bitcoin Under Fire from Climate Activists The poll on whether to accept or not to accept crypto donations was created after Molly White, a longtime Wikipedia editor under the username GorillaWarfare, submitted a proposal to end crypto dona...