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The Internet Archive To Pay Salaries Partly In Bitcoin, Requests Donations

Posted by timothy on from the because-money-is-fungible dept.

hypnosec writes "Bitcoin is gaining popularity among mainstream sites lately and the latest to adopt the digital currency as a medium of donations and payments is the Internet Archive. Ready to accept donation in the form of Bitcoin, the Internet Archive announced that it wants to do so to pay some part of employees' salaries, if they choose to, in Bitcoin. The Archive, known for its storage of digital documents (especially the previous version of webpages), is looking to start part salary payments in Bitcoin by April 2013 if everything goes well."

2 of 181 comments (clear)

  1. Re:I'd quit by Anonymous Coward · · Score: 5, Informative

    I'm amazed at how stupid people are.

    Bitcoins can be converted to other real world currencies ya know?

    My company accepts bitcoins and this is exactly what we do.

  2. Re:I'd quit by trytoguess · · Score: 5, Informative

    Understandable. Luckily that's not what's happening here:

    "Internet Archive announced that it wants to do so to pay some part of employees' salaries, if they choose to, in Bitcoin."

    That's a direct line from the article the summary quoted. I do admit though, it's a rather inefficient sentence if you want to get a point across clearly.