On Dec 13, 2013 5:55 AM, "Steven Walling" <steven.wall...@gmail.com> wrote: > > On Wed, Dec 11, 2013 at 12:31 PM, Jake Orlowitz <jorlow...@gmail.com> wrote: > > > * Our peers like EFF, and Internet archive accept it > > > To be totally honest, I think this is moot. > > Support for bitcoin among these two organizations has hardly been a ringing > endorsement. In the past, EFF has rejected it for very practical reasons I > think still apply.[1] As for Internet Archive, I was literally in the room > when their fundraising staff announced they started accepting bitcoin, and > they actually said they didn't really understand what it was, other than > people requested they accept it. > > In general, I would personally like it if the WMF avoided accepting > bitcoin. Today, bitcoin isn't really a functioning currency of exchange -- > it's actually used more as an investment tool to create wealth that > naturally appreciates in value, like playing the stock market or buying > gold. Avoiding lots of risky investments is something our very competent > financial managers already steer clear of, and I see no reason to start > taking on more risk now.
As Peter just said, there is no risk if WMF converts bitcoin donations to USD immediately. -- John Vandenberg _______________________________________________ Wikimedia-l mailing list Wikimedia-l@lists.wikimedia.org Unsubscribe: https://lists.wikimedia.org/mailman/listinfo/wikimedia-l, <mailto:wikimedia-l-requ...@lists.wikimedia.org?subject=unsubscribe>