Wikimedia is irrational in not accepting Bitcoin payment

[greyhawk]

Starving children clearly do need food that much. Do not donate anything to them until they accept tree bark.

You cannot trade tree bark for money and then food but You can trade bitcoin for money and then food.

Your comment is pointless

O RLY? Do they now? Tell me more about how exactly Wikipedia would trade bitcoin for money. Please be specific.

[jubalix]

"artificial currency"

if this is not an oxymoron I don't know what is

FIAT is more artificial, as it is much easier to create!

We need to add a comeback...writing

[knight22]

Starving children clearly do need food that much. Do not donate anything to them until they accept tree bark.

You cannot trade tree bark for money and then food but You can trade bitcoin for money and then food.

Your comment is pointless

O RLY? Do they now? Tell me more about how exactly Wikipedia would trade bitcoin for money. Please be specific.

I can't believe you don't know about bitpay or BIPS

[greyhawk]

Starving children clearly do need food that much. Do not donate anything to them until they accept tree bark.

You cannot trade tree bark for money and then food but You can trade bitcoin for money and then food.

Your comment is pointless

O RLY? Do they now? Tell me more about how exactly Wikipedia would trade bitcoin for money. Please be specific.

I can't believe you don't know about bitpay or BIPS

Seems to me people hate the Bitpay solution and want Wikipedia to accept Bitcoins directly (I'm kinda guessing here from the screams of "we hate the Bitpay solution and want Wikipedia to accept Bitcoins directly").

Which begs the question above how this US organization is going to exchange their Bitcoins into Dollares.

[knight22]

Seems to me people hate the Bitpay solution and want Wikipedia to accept Bitcoins directly (I'm kinda guessing here from the screams of "we hate the Bitpay solution and want Wikipedia to accept Bitcoins directly").

Which begs the question above how this US organization is going to exchange their Bitcoins into Dollares.

People want so see wikipedia using bitpay services directly on their website and do not want to donate via bitpay website to wikipedia.

It's not a practical concern, it's a principle concern.

[crumbs]

Seems to me people hate the Bitpay solution and want Wikipedia to accept Bitcoins directly (I'm kinda guessing here from the screams of "we hate the Bitpay solution and want Wikipedia to accept Bitcoins directly").

Which begs the question above how this US organization is going to exchange their Bitcoins into Dollares.

People want so see wikipedia using bitpay services directly on their website and do not want to donate via bitpay website to wikipedia.

It's not a practical concern, it's a principle concern.

See here why it'll nevah happen.

[greyhawk]

Seems to me people hate the Bitpay solution and want Wikipedia to accept Bitcoins directly (I'm kinda guessing here from the screams of "we hate the Bitpay solution and want Wikipedia to accept Bitcoins directly").

Which begs the question above how this US organization is going to exchange their Bitcoins into Dollares.

People want so see wikipedia using bitpay services directly on their website and do not want to donate via bitpay website to wikipedia.

It's not a practical concern, it's a principle concern.

It's high-level wankery. You're not going to make your currency more popular by being as annoying as possible towards the ones you look for to be accepting of your currency. It's also not helping when it turns out that those before who had been badgered into accepting the currency to get rid of the annoybots, ultimately ended up paying more for administrative/accounting needs than they got as income from the new currency (see reddit, humble bundle)

[knight22]

Seems to me people hate the Bitpay solution and want Wikipedia to accept Bitcoins directly (I'm kinda guessing here from the screams of "we hate the Bitpay solution and want Wikipedia to accept Bitcoins directly").

Which begs the question above how this US organization is going to exchange their Bitcoins into Dollares.

People want so see wikipedia using bitpay services directly on their website and do not want to donate via bitpay website to wikipedia.

It's not a practical concern, it's a principle concern.

See here why it'll nevah happen.

Bitcoin image can and will change over time. That's why it will happened

[knight22]

ultimately ended up paying more for administrative/accounting needs than they got as income from the new currency (see reddit, humble bundle)

Any proof of what you are saying here?

[crumbs]

See here why it'll nevah happen.

Bitcoin image can and will change over time. That's why it will happened

Sure, but pestering people who don't want to accept your interwebz monyz is simply ... undignified.  Once Bitcoin's image is good enough, it's value stable enough, the laws regarding it are unambiguous enough & it's easy enough to use, people will accept it.  Free market roolz.

[greyhawk]

ultimately ended up paying more for administrative/accounting needs than they got as income from the new currency (see reddit, humble bundle)

Any proof of what you are saying here?

Sure:

Re: Reddit:
http://www.reddit.com/r/Bitcoin/comments/19t3uq/hey_rbitcoin_you_asked_for_some_stats/

So far we're spending more money on accountants handling the non-trivial reconciliation of our BTC transactions than revenue we're making in Bitcoin, haha. Hopefully it will get better.

Re: Humblebundle

I'll have to go look for the screenshot/source but the amount of humble bundles sold for bitcoin was a glorious.... 2.

[td services]

That's why wikip does not wish to *publicly* accept money from, let's say, the Russian mafia -- doing so would negatively impact its bottom line.

I thought Wikimedia did take Rubles. The Russian government does qualify as an organized crime syndicate, with over 20,000,000 in body count.

[Mike Christ]

I've been thinking about this too.  I use Wikipedia all the time and would love to donate, but I don't want to fuck around with PayPal or anything, and I'm kinda strapped for cash to begin with.  Rather than swap out my BTC for USD, I'd rather just send them to BTC directly.

But if they don't think my money is good enough, then I guess I won't be donating

[Bytas]

plz all mail to this adress asking if you can donate using bitcoin: donate@wikimedia.org

[crumbs]

That's why wikip does not wish to *publicly* accept money from, let's say, the Russian mafia -- doing so would negatively impact its bottom line.

I thought Wikimedia did take Rubles. The Russian government does qualify as an organized crime syndicate, with over 20,000,000 in body count.

Those dumb Russians didn't file the organized crimez registration on time, so they're still a gobment Besides, Wikimedia has an affirmative action program for recovering communists.

Sincerely,

The Elders of Zion
C/O The Illuminati
The Fancy Dacha at The End Of Times,
666999

[Stemby]

«we do not accept "artificial" currencies – that is, those not backed by the full faith and credit of an issuing government. We [...] continue to monitor Bitcoin with interest and may revisit this position should circumstances change.

http://www.theguardian.com/technology/2013/aug/19/bitcoin-unit-of-account-germany

Circumstances changed, so they have to revisit their position.

[murraypaul]

«we do not accept "artificial" currencies – that is, those not backed by the full faith and credit of an issuing government. We [...] continue to monitor Bitcoin with interest and may revisit this position should circumstances change.

http://www.theguardian.com/technology/2013/aug/19/bitcoin-unit-of-account-germany

Circumstances changed, so they have to revisit their position.

The article you have linked to says absolutely nothing even vaguely like that Germany are providing full faith an credit to Bitcoin as a currency.
Not close. No matter how hard you squint.

[Stemby]

The article you have linked to says absolutely nothing even vaguely like that Germany are providing full faith an credit to Bitcoin as a currency.

http://www.forbes.com/sites/peterferrara/2013/08/25/the-federal-governments-reaction-to-bitcoin-is-an-acknowledgement-of-the-dollars-vulnerability/

«Germany formally recognizes Bitcoin as a legal form of private currency.»

[murraypaul]

The article you have linked to says absolutely nothing even vaguely like that Germany are providing full faith an credit to Bitcoin as a currency.

http://www.forbes.com/sites/peterferrara/2013/08/25/the-federal-governments-reaction-to-bitcoin-is-an-acknowledgement-of-the-dollars-vulnerability/

«Germany formally recognizes Bitcoin as a legal form of private currency.»

Which translates exactly how to them backing or issuing the currency?
The full faith a credit bit you quoted and bolded, how does that fit in?
I'm pretty sure Germany recognise the dollar, pound, RMB and Yen as currencies too, but they don't back or issue them.

[crumbs]

Good news!  
Bitcoin transactions are taxable in Germany!  And "...companies wanting to use it for commercial transactions would need permission from the Federal Financial Supervision Authority".
Pure win!

"In contrast with Germany, Thailand's central bank declared in July that it was illegal to trade Bitcoins, use them to buy or sell goods or services in the country, or 'move them in or out of the country'."

Both quotes from the linked article.