The Wikimedia Foundation, to which Wikipedia is affiliated, has been accepting donations in crypto money since 2014. Wikipedia administrator Molly White, cryptocurrency published an article on accepting donations with
With the introduction of Bitcoin in 2009, the rapidly growing crypto money market is seen as an investment area for many people today. Increasing demand in the cryptocurrency market, hackers and scammers
Molly White: “Crypto donors are not anonymous.”
since 2006 Wikipedia editor Molly White, who is a veteran, shared her views on cryptocurrency donations to the online newspaper The Signpost. privacy of cryptocurrencies, decentralization and anonymity Stating that he went out of business, White criticized the investors.
Saying that cryptocurrencies have been turned into an opportunity for enrichment by the overwhelming majority recently, White said, “When it was first introduced, it had an impact in the free and open source software communities. blockchain, has strayed from its purpose. The popularity of cryptocurrency mining has greatly increased the damage to the environment. Bitcoin mining alone has approached the total energy use of countries like the Netherlands and Finland.” used the phrases.
White stressed that the alleged benefits of cryptocurrencies are largely unrealized. “Only 0.01 percent of Bitcoin holders own 27 percent of the circulating Bitcoin amount. Unfortunately, this goes against Bitcoin’s original purpose. Blockchain is a technology that is extremely slow and difficult to scale compared to traditional databases. Many technologies built by the blockchain have led to the use of centralized solutions due to emerging problems. Since all transactions are gathered in one center, it is against the philosophy of blockchain.” said.
The Wikimedia Foundation raised $130,000 in cryptocurrency in 2021. The total donation of this amount is only 0.08 percent Emphasizing that this is the case, White explained that the donors are not anonymous due to the platforms used.
White argued that cryptocurrency mining should not be used because of its harm to the environment. White also stated that he requested the Wikipedia administration to remove the option to donate with cryptocurrency.