That’s right – there’s now something else you can spend your magic beans on! I guess trading your cow for them doesn’t seem so stupid after all, now that you can support such a worthy project.
According to the Coinbase Blog the company is helping the online encyclopaedia handle payments – with all payments converted to US Dollars as soon as the transfer is made. Apparently in the first week, Wikipedia received over $140,000 in donations – which is exactly the big sums Wikipedia needs to be raising if it wants to keep many of the important pages, like http://en.wikipedia.org/wiki/Snake_Oil online and accessible.
Expect to see Jimmy Wales’s face appealing for Bitcoin at the top of your browsers soon.