Quote from: ensurance982 on August 10, 2014, 01:56:22 PM

Quote from: CoinLearn on March 09, 2014, 05:00:41 PM

As most of you probably know Wikipedia runs on donation. I just found Wikipedia founder Jimmy Wales has bought 0.1 BTC at Coinbase. Hopefully Wikipedia may accept Bitcoin as medium of donation soon...

https://twitter.com/jimmy_wales/status/441632741352681472

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So it now took us basically about 5 months for this rumor to become true! This shows us how fast things are progressing in the Bitcoin world. The boss himself was somewhat skeptical of Bitcoin, yet decided to get his hands on it and gave it a try. whoops, 5 months later Wikipedia accepts Bitcoin. Incredible!

There is a fine line here that we are not discussing. That is CoinBase. They have played a crucial role for this to take place. As per detailed reports, Wikimedia wont hold any Bitcoin. They'll immediately dump the funds against CoinBase price and here CoinBase will make some profit by giving them a little lower rate than the market. Win-Win situation ... is not it ? Wink