Honestly the reasoning is weird. Don't get me wrong, I think crypto currencies are for the most part a scam, a ponzi scheme or a platform for pump and dumps. Yet the whole thing just does not make sense imo. It's one thing to be against crypto, but refusing it when you are a charity for the most asinine moral purity tests is absurd. This 100% reminds me of the almost cultist like extremely negative reaction to anythi…
- Crypto has been on a 10+ year long quest for “adoption”. So far it’s been fairly pathetic. Organisations who accept it provide a focal point for crypto advocates to point to, legitimising it and luring more retail investors into the Ponzi.
- The environmental impact is massive, which makes accepting it ethically dubious and does not align with the Wikimedia Foundation’s values.