It's one thing for the EFF not to accept Bitcoin for it's own reasons specific to legal advocacy - but from the above, we see that their about-face and public statements continue to damage Bitcoin's reputation in the non-profit sphere.
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http://twitter.com/stripe/status/253193235894247424Which shows that argument 3 is bullshit:
3. People were misconstruing our acceptance of Bitcoins as an endorsement of Bitcoin. We were concerned that some people may have participated in the Bitcoin project specifically because EFF accepted Bitcoins, and perhaps they therefore believed the investment in Bitcoins was secure and risk-free. While weve been following the Bitcoin movement with a great degree of interest, EFF has never endorsed Bitcoin. In fact, we generally dont endorse any type of product or service and Bitcoin is no exception.
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https://www.eff.org/deeplinks/2011/06/eff-and-bitcoin