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EFF Stops Accepting Bitcoin, Regifts All Donations
Gendou writes "The EFF issued a statement that it will no longer accept Bitcoin donations, has not used any of the donations, and will transfer all past donations to The Bitcoin Faucet. See also additional and forum threads."
I think anyone who has invested any substantial amount of money in bitcoin as an "investment" has already been on the receiving end of an "epic mount".
Seven puppies were harmed during the making of this post.
I don't think they were foolish to accept Bitcoins. Even selling them at a low rate gets them more money than they had before the donation (presuming that it covers costs). But setting a preference for something of more stable value is also within their rights.
It seems their concerns were legal: "While EFF is often the defender of people ensnared in legal issues arising from new technologies, we try very hard to keep EFF from becoming the actual subject of those fights or issues. Since there is no caselaw on this topic, and the legal implications are still very unclear, we worry that our acceptance of Bitcoins may move us into the possible subject role."
They say a little knowledge is a dangerous thing, but it's not one half so bad as a lot of ignorance. - Terry Pratchett
I care about Bitcoin, I like seeing some news about it. I find it interesting.
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