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Jimmy Wales, the co-founder of Wikipedia, recently attended the CoinGeek Conference in London. During the conference, Wales spoke about cryptocurrencies, stating that they do not have a single practical use-case that would convince him that they could contribute to Wikipedia in any way.

Quite the opposite, in fact, he is concernedthat crypto would damage the way that the platform has been operating for allthe years since its creation.

Wales said that he did dedicate some seriousthought to the idea, and he tried to distinguish between the ideological andpractical nature of cryptos. However, his conclusions did not change. Healready declined numerous proposals from crypto supporters and advocates whowanted him to consider the possibility of rewarding content creations throughmicrotransactions.

He repeated that it would be a bad idea, andthat would not actually work. He said taking something that is a bad idea andputting it on the blockchain does not make it a good idea. Instead, Wikipedia,as it is right now, relies on volunteer experts and enthusiasts, who add andedit content, check facts, remove irrelevant or inaccurate materials, andalike.

Adding cryptos would allow companies and people to pay for the content that they want to be on Wikipedia, which would be taking a step back, as Wales sees it. Further, if editors and creators were to stake cryptocurrency, Wikipedia could see serious harm. It would be like saying that people have to pay or put their own money at risk in order to be allowed to edit the platform.

Next, if the platform had people deposit themoney, that could lead to the exclusion of experts and enthusiasts who areadding content out of interest in the topic. Instead, there would be people whoare after the earnings, which would lead to competitions, inaccurate entries,and alike.

Still, Wales is not against cryptocurrency,only against this kind of use. He stated that he had no problem if the platformwere to accept donations in different forms of crypto. After all, Wikipedia isa charity, and it accepted BTC donations since 2014.

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Wikipedia co-founder says that involving crypto with the platform is insane - iNVEZZ