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Wikimedia Foundation Criticized over Cryptocurrency Donations

Wikimedia Foundation Criticized over Cryptocurrency Donations

The non-profit organization that funds the works of Wikipedia faced backlash from the community due to its acceptance of cryptocurrencies.

The outrage against the Wikimedia Foundation began after concerns for the environment due to cryptocurrencies. While Wiki is not directly involved in the digital asset industry, it has been taking crypto as donations for the development of the website.

However, that was not taken lightly by the community. A subpage on Wikimedia was posted by Wikipedia editor GorillaWarfare (Molly White). She wrote about the dangers of cryptocurrencies in terms of the environment, and that the Wikimedia Foundation should stop accepting any donations in the form of digital assets.

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She issued a 3-piece proposal for Wikimedia: to stop endorsing cryptocurrencies via donations because they are "extremely risky investments", don't align with Wikimedia Foundation's commitment to environmental sustainability, and risk damaging the platform's reputation.

The proposal came with a voting poll that lets Wikimedia contributors support or oppose the post by GorillaWarfare. 

With the majority of users in favor of the proposal, most of them pointing out the sustainability of cryptocurrencies, the opposing side argued that digital assets are less damaging, or at least on par with physical currency in terms of the environment.

The end result of the poll was said not to be determined by the amount of "yeses or noes", but on the basis of the arguments proposed by users.

Just a few days ago, the Mozilla Foundation received criticism from the community and even the co-founder of Mozilla Jamie Zawinski himself, because the open-source website started taking donations in cryptocurrencies.

Aaron S. Editor-In-Chief
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.

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