The Wikimedia Foundation no longer accepts cryptocurrency contributions

The Wikimedia Foundation no longer accepts cryptocurrency contributions

Following a protracted discussion with nearly 400 members of the WMF community, the majority voted 234 to 94 to eliminate crypto contributions. Some of the primary concerns focused on the environmental consequences of Bitcoin, the potential for fraud, and the fact that the WMF receives so few bitcoin donations in comparison to other kinds of payment. According to the WMF, bitcoin donations totaled $130,100.94 in 2021, accounting for only 0.08 percent of total contributions received. Following the vote of the community, the WMF undertook an internal discussion and reached the ultimate decision to halt cryptocurrency donations.