Wikipedia Considers To Stop Accepting Crypto Donations Because Of The ESG FUD

Even Wikipedia fell for the environmental FUD surrounding Proof-Of-Work mining. A proposal to “stop accepting cryptocurrency donations” is currently under discussion. It starts with the same very thin arguments that the whole mainstream media irresponsibly uses. However, it gets better and more interesting. In general, it’s amazing to see both sides of the argument unfolding. Even though there might be some information suppression going on. Related Reading | Human Rights Foundation Accepts Fully Open Source Bitcoin Donations Well do our best to summarize the whole thing, but people interested in the topic should take time to read it all. It’s full of twists and turns. The most amazing thing about the document is that real people wrote it. Wikipedia editors are not a sample of the world’s population, but, they’re heterogeneous enough to make the discussion interesting. Wikipedia Falls For The Environmental FUD The original proposal poses three problems with receiving cryptocurrency donations, but, in reality, we can summarize them all in the ESG FUD category. The three points are: “Accepting cryptocurrency signals endorsement of the cryptocurrency space.” “Cryptocurrencies may not align with the Wikimedia Foundation’s commitment to environmental sustainability.” “We risk damaging our reputation by participating in this.” It’s a shame that, to try to prove their points, the original author uses a questionable source a...