Should wikipedia stop accepting cryptocurrency donations?

Wikimedia's community overwhelmingly voted in favor of a proposal for the Wikimedia Foundation, which supports Wikipedia, to stop accepting donations via cryptocurrency. Members of the Wikimedia community debated this issue in the Meta-Wiki devoted to the Wikimedia Foundation's projects in a request for comment that ran from Jan. 10 to April 12.

Can you donate in crypto?

Contributors banded together to urge the foundation to disable the option to donate in crypto because of environmental concerns. However, while the organization will continuously monitor the conversations around crypto within its communities, it will not budge on accepting crypto donations.

What are the benefits of crypto philanthropy?

From major giving to new donors, crypto philanthropy’s benefits are numerous. Here are a few of the best reasons to accept crypto donations: 1. Offer a tax-efficient way to support your cause. Most donors are familiar with the phrase “tax-deductible donations.” You give, you write-off, you repeat next year.

How do I receive a tax acknowledgement if I donate crypto?

In order to receive a tax acknowledgement, donors will need to enter a working email address when donating crypto via The Giving Block. Is my nonprofit organization allowed to accept crypto donations? Thousands of nonprofits of all sizes accept crypto donations.