Samson Mow, the CEO of JAN3 and a prominent Bitcoin advocate, recently took to Twitter to once again urge Wikipedia to invest in the world’s largest cryptocurrency, Bitcoin. He shared a screenshot of a donation request that Wikipedia sent to its users, asking for $2.75 in donations. Mow responded to this request by reminding Wikipedia to consider buying Bitcoin instead of relying on annual donations.
Mow’s tweet, which tagged Wikipedia and its founder Jimmy Wales, emphasized the potential benefits of investing in Bitcoin. He pointed out that if Wikipedia had followed his advice and invested in Bitcoin years ago, they wouldn’t need to solicit donations annually. This isn’t the first time Mow has advocated for Bitcoin, as he has been a vocal supporter of the cryptocurrency for quite some time.
In a tweet from December 2023 that Mow quoted in his recent post, he highlighted the advantages of owning Bitcoin as opposed to traditional banking systems. This tweet was a response to Jimmy Wales’ criticism of Bitcoin, where Wales argued that the risk of losing access to a Bitcoin wallet is greater than forgetting a bank account password. Mow and other members of the crypto community disagreed with Wales’ assessment, with some suggesting that decentralized alternatives could eventually replace centralized platforms like Wikipedia.
Interestingly, Wikipedia had previously accepted donations in Bitcoin before deciding to stop earlier in the year. This decision came as a surprise to many in the cryptocurrency community, who saw Wikipedia as a forward-thinking organization that embraced innovative technologies. Mow’s reminder to buy Bitcoin could be seen as a way to encourage Wikipedia to reconsider its stance on cryptocurrency and explore the potential benefits of investing in digital assets.
Overall, Mow’s advocacy for Bitcoin reflects a growing trend among tech leaders and influencers who see the potential of cryptocurrencies to transform traditional financial systems. As Bitcoin continues to gain mainstream acceptance and adoption, more companies and organizations may consider adding this digital asset to their investment portfolios. Whether Wikipedia will heed Mow’s advice remains to be seen, but his reminder serves as a reminder of the disruptive potential of Bitcoin and other cryptocurrencies in the digital economy.