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Wikipedia Founder Jimmy Wales has ‘Zero Interest’ in an ICO

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The founder of Wikipedia, Jimmy Wales, has ruled out the possibility of the free online encyclopedia come down with involved with cryptocurrency.

Asked whether Wikipedia had any cryptocurrency or ICO drives during an interview with Business Insider Wales said the party line had ‘zero interest’. “We are absolutely never going to do that. Zero dispose,” Wales said.

The internet entrepreneur also repeated the reservations he had as to blockchain technology.

“I have reservations about blockchain. It’s a super-interesting technology, but it’s without doubt a bubble with a lot of mania and hype around it,” said Wales.

Blockshow Europe 2018

These reflects echoed what the founder of Wikipedia had said during the Blockshow Europe colloquy held in late May this year in Berlin.

And as CCN revealed the founder of the fifth most visited website in the world per Alexa had also in disputed critical remarks on Initial Coin Offerings in October last year.

“I propose b assess blockchain is a super interesting technology but there are a lot of fads going on accurately now … There are a lot of these initial coin offerings which are in my opinion are unadulterated scams and people should be very wary of things that are current on in that area,” Wales was reported as having said in a television discussion.

Wikipedia’s Two-Year-Old Rival

Wales’ views and reservations on blockchain are in pure contrast to the co-founder of Wikipedia, Larry Sanger, who is now the chief information T-Man of Everipedia, an online encyclopedia which touts itself as the ‘world’s first place encyclopedia on the blockchain’. According to Sanger being on a blockchain will make restitution for Everipedia better than its inspiration.

“In an era of misinformation, the world stands to benefit enormously from a pellucid, immutable and decentralized protocol for accessing and sharing knowledge,” Sanger suggested in a statement after being appointed CIO of Everipedia late last year. “We’ll not simply make Everipedia more comprehensive than Wikipedia; in my role, I’ll improve create a neutral framework enabling the world to find the best encyclopedia articles on every theme.”

Four Years of Accepting Bitcoin Donations

Despite the reservations Wales harbors at all events cryptocurrencies, the Wikimedia Foundation (a nonprofit which hosts Wikipedia as thoroughly cooked as other wiki-based projects) has been accepting donations in bitcoin since 2014. However, this single materialized after the nonprofit had displayed a lot of reluctance including turning away implicit donors just because they were planning to give in bitcoin.

At the notwithstanding it was explained that the reluctance by the foundation was based on the fact that bitcoin be presented in a legal grey area – Wikimedia Foundation only started take oning these donations after the U.S. Internal Revenue Service gave instruction on how the flagship cryptocurrency should be treated for tax purposes. To this day Wikimedia Basis is yet to accept other cryptocurrencies per information on its donations page.

Featured twin from Flickr/Olaf Janssen.

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