I find many of the replies here fascinating. On one hand whenever there is talk about government regulating some industry or actor a large portion of commenter here reply that if you don't agree with the practice don't use them, no regulation needed. Now an organisation does exactly that, they decide that they don't want to use a "service" that they ethically disagree with, and lots of replies call it pointless virtu…
Wikipedia RFC to stop accepting cryptocurrencies passes by majority vote
211–220 of 401 posts
Re: Wikipedia RFC to stop accepting cryptocurrencies passes by majority vote
#212Honestly 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…
- It’s not significant in terms of the funds it brings in. - 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…
I won't call the adoption pathetic, it is just that you are not in the circle of adoption/need. Just like I see people mentioning services here that they say they cannot live without and I do not care if they close tomorrow and I have no idea what those services do.
Crypto is a needed option, it can be made to be more environmentally friendly. I personally *often* do not (and cannot) benefit from the global banking system despite all the waste it produce from electricity to wasted manpower to the carbon footprint of material for buildings and offices.
Crypto as many other technologies have use cases, believe in the use case, don't be dogmatic. This is no different from "we only need Java in the world why other languages exist?".
Re: Wikipedia RFC to stop accepting cryptocurrencies passes by majority vote
#213Ah, another Wikipedia policy designed to exclude sex workers from financial services. I notice this wasn't even raised in the RFC.
Re: Wikipedia RFC to stop accepting cryptocurrencies passes by majority vote
#214Earlier quoted context omitted.
Like, if they continued to hold those bitcoins, speculating in the market, rather than feed those funds into running Wikipedia? You don't usually donate to charities so they can speculate with that money.
From the linked page only 0.08% of revenue came from cryptocurrency. It's likely that without that 0.08% margin Wikipedia could still be kept running (which is part of the reason why taking cryptocurrency donations was removed). >You don't usually donate to charities so they can speculate with that money. Similarly one wouldn't want your donation to just sit somewhere reducing in value due to inflation. If you donate…
Re: Wikipedia RFC to stop accepting cryptocurrencies passes by majority vote
#215Earlier quoted context omitted.
I don't know, do they really check who donated fiat comes from and refuse donations when it comes from, let's say, anyone involved in anything against their values ?
Checking this may be impractical. But for crypto donations, you don't need to check - you _know_ that it was generated in an environmentally-unfriendly way (at least for the currencies currently accepted).
Re: Wikipedia RFC to stop accepting cryptocurrencies passes by majority vote
#216I'm very happy to see we are now in the "then they fight you" stage :). Let's see who wins.
Re: Wikipedia RFC to stop accepting cryptocurrencies passes by majority vote
#217The environment? Then run a lightning node, or use Cardano, problem solved. Why are we trowing the baby out with the bathwater?
Re: Wikipedia RFC to stop accepting cryptocurrencies passes by majority vote
#218Earlier quoted context omitted.
So you chose to unbank yourself :) I have transacted millions in crypto and wire transfers. Banking with crypto is like the 1970s - exorbitant fees. To do anything useful with it I have to offramp to fiat which drum rolls ends with a wire transfer.
I once wanted to lend money to my brother only to discover that my bank imposes monthly caps on money transfers "for your safety". Cryptocurrencies never do such dumb shit.
Re: Wikipedia RFC to stop accepting cryptocurrencies passes by majority vote
#219Earlier quoted context omitted.
> 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 a platform for pump and dumps. and > 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. It seems like the first paragraph you said would be enough of a reason to n…
>> I think crypto currencies are for the most part a scam > enough of a reason to not accept it. Not if that's simply another instance of Sturgeon's law ("90% of everything is crap"): https://nitter.net/mycoliza/status/1451992293532004355
Re: Wikipedia RFC to stop accepting cryptocurrencies passes by majority vote
#220Earlier quoted context omitted.
Checking this may be impractical. But for crypto donations, you don't need to check - you _know_ that it was generated in an environmentally-unfriendly way (at least for the currencies currently accepted).
Since cross chain activity is made available that's not true, I could do 100% of my money on avalanche or solana and bridge some only to donate