FAQ/en: Difference between revisions

From Wikimedia Foundation Governance Wiki
< FAQ
Content deleted Content added
update
Line 170: Line 170:


{{anchor|Bitcoin}}
{{anchor|Bitcoin}}
=== Why does the Wikimedia Foundation not currently accept Bitcoin? ===
=== Why does the Wikimedia Foundation accept Bitcoin? ===
The Wikimedia Foundation, as a donor-driven organization, has a fiduciary duty to be responsible and prudent with its money, while striving to provide as many methods of donating as possible. Our donors indicated that they were interested in supporting us through [[w:Bitcoin|Bitcoin]], so after some investigation, we set up a method to accept those donations.
[[w:Bitcoin|Bitcoin]] is a form of [[w:Crypto-currency|crypto-currency]]; in their own words, "an experimental new digital currency that enables instant payments to anyone, anywhere in the world." (<small>[http://bitcoin.org/ Bitcoin P2P Digital Currency]. Retrieved 2 November 2011.</small>) The Wikimedia Foundation's position on the matter is as follows:

<blockquote>The Wikimedia Foundation, as a donor-driven organization, has a fiduciary duty to be responsible and prudent with its money. This has been interpreted to mean that we do not accept "artificial" currencies – that is, those not backed by the full faith and credit of an issuing government. We do, however, strive to provide as many methods of donating as possible and continue to monitor Bitcoin with interest and may revisit this position should circumstances change.</blockquote>

The Wikimedia Foundation does try to make donating as easy as possible, however. For a list of ways to give, see [[Ways to Give]].


=== Are my donations tax-deductible? ===
=== Are my donations tax-deductible? ===

Revision as of 15:31, 30 July 2014

This page lists frequently asked questions about the Wikimedia Foundation. Other questions are answered here. If you do not find your question answered here or there, please feel free to contact us.