In a post on the BitInstant blog, Erik Voorhees (@ErikVoorhees) takes a deeper look at Wikipedia’s stance regarding accepting Bitcoin donations. Excerpts:
"The response [from Wikipedia] was as follows: ‘The Foundation does not currently accept Bitcoin or other currencies not backed by the full faith and credit of an issuing government.’"
"By using a Bitcoin merchant processor […] Wikipedia never even holds or handles a single bitcoin. Wikipedia would receive USD, just as they do when taking credit card donations."
"Consider the fact that Wikipedia accepts Saudi riyals, as well as currencies from other ‘Enemies of the Internet,’ […]. In other words, Wikipedia doesn’t mind accepting donations backed by a regime that has institutionalized the beheading of women for adultery or ‘witchcraft,’ but it won’t accept Bitcoin, because it’s not backed by such an organization."
"Surely, WordPress also has ‘a fiduciary duty to be responsible and prudent with its money.’ What anomaly of WordPress enables it to prudently accept Bitcoin payments while Wikipedia stands idly by?"
"Why do you [Wikipedia] approve of the freedom of expression when it comes to speech, but not when it comes to money? Why do you value open-source knowledge, yet reject open-source exchange?"
"Why can I donate information that has not been stamped with government approval, but I cannot donate money in similar fashion?"
"[Wikipedia, you] neither harm nor exclude anyone by this choice, yet you empower everyone."
- http://bitcointalk.org/index.php?topic=127141.0 (Further discussion of the topic of this post)
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