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Wikipedia RFC to stop accepting cryptocurrencies passes by majority vote

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Re: Wikipedia RFC to stop accepting cryptocurrencies passes by majority vote

#92

Earlier quoted context omitted.

> when you are a charity They are a non-profit only in the most technical sense these days, but have never been a charity.

Yes you are right! I always mix charity and non profit. But yeah, Wikimedia became a huge organization with an annual budget of 150M$ (of which a lot goes to completely unrelated pet projects), so it is a non profit only in a technical sense as you said. But it still feels the need to plead (or almost beg) for 3-5$ donations yearly with huge call to action banners on every wiki page. Which is okay, I get that they ne…

> But to then throw away 140 000$ worth of donations on a whim completely contradicts the "every dollar counts, please help" message of their fundraising banners.

The former is a community decision, the latter is done by the WMF. Many in the community, probably a majority, are very annoyed by WMF's yearly dishonest begging runs, and WMF's interference in WP operations in general.

Re: Wikipedia RFC to stop accepting cryptocurrencies passes by majority vote

#94

Ah, another Wikipedia policy designed to exclude sex workers from financial services. I notice this wasn't even raised in the RFC.

The way to include them is to make it legal and forbid the banks to not accept money from them, not to create alternative lawless universe.

> make it legal and forbid the banks to not accept money from them

Just like the cannabis industry! Oh wait...

Re: Wikipedia RFC to stop accepting cryptocurrencies passes by majority vote

#95
"cryptocurrencies provide safer ways to donate and engage in finance for people in oppressive countries"

Yet a bigger problem is that too much money is moved out of these countries by those in power and hamstered away in various global tax havens.

I recommend "Moneyland" for anybody wanting to learn more.

Re: Wikipedia RFC to stop accepting cryptocurrencies passes by majority vote

#96
post #25

This is great news, it is pretty pointless to use cryptocurrencies at all anyway since for Wikipedia: > Crypto was around 0.08% of our revenue last year, and it remains one of our smallest revenue channels. Remember that Wikipedia is one of the top 10 websites on the planet, I'm also assuming that other websites trying to accept crypto have even smaller percentages rendering cryptocurrencies as payment useless, not t…

So this is not great news at all, a totally inconsequential and pointless move for signaling virtue (look at the arguments given), which is contrary to wikipedia's aim to be neutral

According to Wikipedia's co-founder, it hasn't aimed to be neutral in a long while.

https://larrysanger.org/2020/05/wikipedia-is-badly-biased/

Re: Wikipedia RFC to stop accepting cryptocurrencies passes by majority vote

#98
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 virtue signalling. So how should people/organisations act when they disagree with certain practices/actors?

Re: Wikipedia RFC to stop accepting cryptocurrencies passes by majority vote

#99

This is great news, it is pretty pointless to use cryptocurrencies at all anyway since for Wikipedia: > Crypto was around 0.08% of our revenue last year, and it remains one of our smallest revenue channels. Remember that Wikipedia is one of the top 10 websites on the planet, I'm also assuming that other websites trying to accept crypto have even smaller percentages rendering cryptocurrencies as payment useless, not t…

Ukraine received millions of dollars of donations in cryptocurrency. So your last statement is not really correct.

Re: Wikipedia RFC to stop accepting cryptocurrencies passes by majority vote

#100

Earlier 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.

You said "go to your bank". I was thinking "walk into a bank branch" XD I don't think I've ever wired money in my life. I guess I never needed to. And the few occasions I needed to send some money internationally, I've simply sent crypto, used Western Union, or something like PayPal or Revolut.

I find that mind-boggling. How did/do you pay rent? How do you get paid? Coming from Europe people use wiretransfers for pretty much everything over e.g. credit cards (obviously there are differences between countries but wire transfers are very common everywhere).
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