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28 May 2024
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Wikipedia works with Bitpay and now accepts Bitcoin and Bitcoin Cash

The world-famous digital encyclopedia Wikipedia recently accepts Bitcoin Cash for donations in collaboration with Bitpay. The platform is maintained by a non-profit organization and is therefore heavily dependent on donations.

The Wikimedia Foundation, the foundation behind Wikipedia, is working with Bitpay to make donations in Bitcoin Cash and Bitcoin possible. Wikimedia has been accepting Bitcoin via Coinbase since 2014, but due to the increasing demand from donors for more cryptocurrency options, donations in BHC are now also accepted.

The director of payments and operations of the foundation says the following:

Our donors are showing increasing interest in different cryptocurrencies, so accepting bitcoin cash was a natural next step. We accept donations worldwide and we aim for a wide variety of donation options. It is very important that we can have international donations processed in a way that is efficient and cost-effective.

Since Wikipedia is heavily dependent on donations, it is important that it can receive donations in the most efficient way possible. Bitpay cooperates with several non-profit organizations and has already noticed that the number of crypto-donations has increased significantly in recent years. The CCO of Bitpay, Sonny Singh said:

Bitcoin and Bitcoin Cash are one of the cheapest payment options available, so in the end more of the donation will end up with the charity. Wikimedia does so much good in the world, and it is therefore a privilege to help them raise money.

Bitcoin Cash is a cryptocurrency that arose after it split off from the Bitcoin blockchain after a hard fork. This happened because a group of users disagreed with the upgrades that Bitcoin wanted to implement. Since then there is a battle over which Bitcoin is the real one. Bitcoin Cash has, however, become increasingly in trouble with another hard fork, which now has two independent Bitcoin Cash blockchains.

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