On 13 December 2013 14:00, David Gerard <[email protected]> wrote: > On 13 December 2013 11:43, Steven Walling <[email protected]> > wrote: > > > Who's to say if the work involved in accepting bitcoins, monitoring > > transactions, converting them, etc. will be worth the actual donations we > > receive in bitcoin? Developing and maintaining payments systems doesn't > > come for free. Fundraising and finance staff at WMF work extremely hard > to > > keep these systems running smoothly, and I for one don't think it's worth > > adding yet another potential system to build/maintain just to placate > > bitcoin devotees who want us to help promote their libertarian fantasy > > project. > > > This is probably the key point: will it be worth the resources? How do > comparable charities that accept Bitcoin do? > > I'm sceptical about Bitcoin in general, but if it was worth it, then sure. > > (If you have reliable payment conversion, the acceptance bit is easy. > Hardest bit is someone to supply reliable and trustworthy conversion > from Bitcoins to dollars. e.g. Mt. Gox wouldn't pass the sniff test > IMO. Some Bitcoin operations are *terrifyingly* naive, as if > financial-quality computer system reliability had never been thought > of.) > > > - d. > > _______________________________________________ > Wikimedia-l mailing list > [email protected] > Unsubscribe: https://lists.wikimedia.org/mailman/listinfo/wikimedia-l, > <mailto:[email protected]?subject=unsubscribe> >
Anecdotally: From Reddit in March this year (not sure whether the situation has changed or not) "So far we're spending more money on accountants handling the non-trivial reconciliation of our BTC transactions than revenue we're making in Bitcoin, haha. Hopefully it will get better." http://www.reddit.com/r/Bitcoin/comments/19t3uq/hey_rbitcoin_you_asked_for_some_stats/ From the Humble Indie Bundle (a collection of indie computer games) "It [bitcoin] represents less than 0.1% of our sales for Humble Indie Bundle 8, which is pretty surprising for me" http://www.reddit.com/r/IAmA/comments/1fex7h/were_humble_indie_bundle_8_creators_of_thomas_was/ca9l01t Peter / the wub (speaking in a strictly personal capacity) _______________________________________________ Wikimedia-l mailing list [email protected] Unsubscribe: https://lists.wikimedia.org/mailman/listinfo/wikimedia-l, <mailto:[email protected]?subject=unsubscribe>
