Wikimedia Foundation Now Accepts Bitcoin

We’re fortunate that millions of people all over the world support the work of the Wikimedia Foundation through donations. It has always been important to the Foundation to make sure donating is as simple and inclusive as possible. Currently, we accept 13 different payment methods enabling donations from nearly every country in the world, and today, we’re adding one more: bitcoin.

For those unfamiliar with bitcoin, it’s a relatively new digital currency, currently being accepted by a growing number of institutions and merchants throughout the world. Members of our community have asked the Foundation to start accepting bitcoin. These requests, coupled with recent guidance from the US Internal Revenue Service, encouraged the Foundation to once again review our capacity to accept bitcoin.

During this review, we identified a new way to work around past technical challenges, as well as to minimize the legal risks of accepting bitcoin. Through our work with Coinbase, a bitcoin wallet and payment processor, we’re able to immediately convert bitcoin to U.S. dollars, requiring minimal technical implementation on our end. Since we now also have guidance on how to account for bitcoin, there is a clear understanding of how to legally manage it.

If you are interested in donating bitcoin to the Wikimedia Foundation, you can now do so on our Ways to Give page. Thank you again to all our friends and supporters. Your support enables us to realize the Wikimedia vision – a world in which every single human being can freely share in the sum of all knowledge.

Lisa Gruwell
Chief Revenue Officer, Wikimedia Foundation

2014-07-30: Edited to clarify implementation details

Categories: Fundraising
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65 Comments on Wikimedia Foundation Now Accepts Bitcoin

Acheter Bitcoin 5 months

Good idea but why is it not anonymous?

soundasleep 6 months

Bitcoin donations have disappeared from the Ways to Give page.

Kim Jong Un 7 months

Your recent donation campaign reminded me kindly of the need to donate, which I have done in the past. I had heard you began accepting Bitcoin and assumed then that I would resume donations using this method.

However I was deeply disappointed to discover that it requires providing personal details. While I have nothing to hide and am proud to support Wikipedia, as a matter of principle I should not have to provide this information. Even more ridiculous is that certain countries are not included. If I were from Iran, why would I not be allowed to donate to Wikipedia?

This experience demonstrated to me a more serious concern of which I was previously unaware. This resource is too important for citizens of the WORLD to be controlled by USA and it’s authoritarian regime. If wikipedia cannot divest itself of US control, we should begin to seek an alternative!

omtimblog 8 months

great project :D

slovak 8 months

I will donate ONLY ANONYMOUSLY !
Move the headquatters outside from USA if neccessary.

UK Buy Bitcoins 1 year

Just donated to the good cause, but late I know but hey, better late than never.

Pushpendra 1 year

Thats good now Wikimedia accepts payment in Bitcoin and it will be easy to make payment for donators. I have worked on Bitcoin payment option and it is really interesting.

Danyzus 1 year

If you want to donate something use real money :-)

multibetorg 1 year

i really interest with bitcoin, at my country cannot use bitcoin.. so sad

JoeySchmoey 1 year

Never donated to wiki before, but I now will in btc.

John Biasutti 1 year

To those that think that Wikipedia is supporting a pyramid scheme just look at what they say that they are doing.

Alice Buys Bitcoins from Bob.
Alice Sends Bitcoins to Wikimedia.
Wikimedia Sells Bitcoins to Coinbase.
Coinbase Sells Bitcoins (possibly to Bob).

The net effect is a transfer of currency from Alice to Wikimedia, and the only difference between them is the identity of the third parties involved.

Those third parties will still take a cut for their trouble, this is one of the reasons that agricultural societies often banned banking and money lending.

totedati 1 year

@Peter Wogenband

wrong! check your facts dude! drug dealers and scammers love uncle sam banknotes! still not convinced?


a big pile of uncle sam bills! well, is from 2007, so next may be better:

Australian Crime Commission taskforce seizes $500m in drugs

in all this examples and countless others i see lots of uncle sam bills and no bitcoins
so, following you flawed logic, should USA ban its own money because is the main vehicle of any and all crimes all around the earth?

and ofcourse, uncle sam green bills is also a very big ponzi piramid scheme also! is THE PIRAMID! look at it, if you still don’t trust me!

Jakub Benda 2 years

Worked well in my case.
Alex, I needed to fill all address entries to pass through the system.

Alex 2 years

I have tried donating, but when I clicked “Next” on the bitcoin donation window yesterday, I got an error “Physical address is invalid”, today I get an error “Physical address requires full name”. Please fix this, looking forward to donate.

Hans Dampf 2 years

Two years too late ;)

Matt Fraser 2 years

@Peter Wogenband – What’s really disappointing is to see such ignorance about a great technology. The fact that the wikimedia foundation has decided to accept bitcoin donations doesn’t affect you in any way, or affect the usefulness of the wonderful services they provide. Unsure why you would decide to stop your donations because of this.

Not to worry though, I’ll donate double to make up for it.

ceric35 2 years

Really good news. Now i can’t send real money with low fees :)

Peter Wogenband 2 years

Really disappointing that Wikimedia is now supporting this pyramid scheme mostly used by drug dealers and scammers.

I will never donate any money again.

zelectron 2 years

Is it the begining of the end ?

wikimediablog 2 years

Admin note: We just relaunched the Wikimedia blog! Comments that were left on this blog post since yesterday will be reimported shortly.

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