Altcoins Talks - Cryptocurrency Forum
Learning & News => News related to Crypto => Topic started by: Goodcat49 on February 02, 2019, 12:23:09 AM
-
Many people from all corners of the globe can now support Wikipedia - the well-known free encyclopedia, with Bitcoin Core (BTC) and Bitcoin Cash (BCH) donations through BitPay. The news was first declared by BitPay via Twitter and their other verified website.
The non-profit framework and worldwide nature of the establishment mean it has to look for a universal, cosmopolitan and cost-effective payment solution, which, in this case, is cryptocurrencies.
The non-profit framework and worldwide nature of the establishment mean it has to look for a universal, cosmopolitan and cost-effective payment solution, which, in this case, is cryptocurrencies.
Natural Step
The Wikimedia Foundation, the non-profit organization which manages Wikipedia and related free knowledge projects, has cooperated with BitPay, the most famous crypto payment processor, to allow BCH and BTC donations.
The foundation started accepting BTC a long time back (in 2014) through Coinbase, and it recently switched payment processors to Bitpay and took the advantage of expanding into allowing BCH.
“Our donors have shown an increased interest for different cryptos, so accepting BCH was a natural next step,” revealed Pats Pena, director of payments & operations at Wikimedia Foundation. “We accept donations worldwide, and we strive to offer a wide variety of donation options. It’s very crucial that we can get international donations processed in ways that are more efficient and cost-effective.”
Cheap Payment Options
BitPay collaborates with several giant nonprofits to enable them to accept digital currency donations. The firm reveals that donations have soared dramatically in the past few years, particularly at the end of the year when users search for tax benefits.
“BTC and BCH are one of the cheapest payment options available so more money goes to charity rather than paying fees. Wikimedia does so much good around the world that it is a privilege to help them raise money,” said Sonny Singh, Bitpay chief commercial officer.
Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/wikipedia-accepts-bitcoin/
(https://coinidol.com/upload/resize_cache/iblock/647/900_900_1/6472cbaf16d01aed56be5d78eeca2e42.png)
-
It`s sound like good news, thanks
-
Considering that "the foundation started accepting BTC a long time back (in 2014)", coinidol title (or half of it) is a bit misleading. But it's good news though.
-
It's great news! I'm glad for the opportunity to develop of Wiki. It's also, good for Bitcoin!