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EFF Stops Accepting Bitcoin, Regifts All Donations

Posted by CmdrTaco on from the all-money-is-pretend dept.

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."

1 of 391 comments (clear)

  1. Re:No surprises here by hedwards · · Score: 0, Troll

    It would be like accepting Monopoly play money, you can't readily use it to pay for attorneys or server bandwidth, sure there might be somebody that's willing to play a few cents per million for the money, but only to the extent that Parker Brothers doesn't flood the market with new bills and there's no guarantee that anybody will in the future be dealing in it.

    Unlike bitcoins, aluminum cans actually have some value to them, even if you don't agree to what it is precisely, there are still uses for aluminum cans other than as a trade in. Bitcoins OTOH barely even exist, when people wake up to the scam, they're not even going to have that much.

    Hence why it's so foolish. You'd be marginally better off taking currency from Zimbabwe prior to the government discontinuing it.