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Wikimedia Foundation raises $140,000 in bitcoin donations in first week

Posted on 7th August, 2014

The Wikimedia Foundation was relatively slow to adopt bitcoin, taking months to approve the no-risk donation method after founder Jimmy Wales give the digital currency the thumbs up back in March. Some within the foundation had expressed concern that bitcoin’s user base was simply “too small” to justify the time and expense of integrating bitcoin […]

After months of consideration, Wikimedia Foundation now accepts bitcoin

Posted on 30th July, 2014

In March, Wikipedia founder Jimmy Wales accidentally set the bitcoin rumor mill churning when he posted to Twitter that he was “playing with BTC.” Hoping to convince Wales, and by extension the Wikimedia Foundation, of bitcoin’s appeal, users began sending Wales donations of small amounts of BTC. Those donations and tips quickly added up, resulting […]