June 10, 2023

Jimmy Wales: cryptocurrency integration on Wikipedia is a very bad idea

Jimmy Wales: cryptocurrency integration on Wikipedia is a very bad idea

Wikipedia creator Jimmy Wales calls the idea of ​​integrating blockchain or cryptocurrencies into his encyclopedia “Crazy and very bad.”

Speaking at the CoinGeek conference, Wales saidthat today there is no such option for using cryptocurrencies that would convince him to add their support to Wikipedia. According to him, the integration of blockchain or bitcoin can cause irreparable damage to the platform’s performance.

He said:

This is a very bad idea. This idea does not work. If you take a bad idea and transfer it to the blockchain, it will not make it a good one.

Wales made this statement afterConference keynote speaker Craig Wright said Wikipedia will gain many benefits by integrating the BSV blockchain. According to him, at the moment, large corporations can manipulate information on the platform.

Wales added:

Integration of such a mechanism does not improve the quality of Wikipedia at all.

Recall that earlier the creator of Wikipedia criticized Bitcoin Satoshi Vision and said that “the likelihood that the platform will ever use this currency is zero.”

According to the materials www.cryptoglobe.com