Why Bitcoin is on the Internet Archive’s Balance Sheet
A little bit(coin) funds a lot of bytes. If you use the Internet Archive regularly, no doubt you saw the banner flying above our navigation bar during the month of December. As a charity funded by you —our users— the Archive relies each year on the generosity of the tens of thousands of people worldwide
A foundation was curious as to why we have Bitcoin on our balance sheet, and I thought I would explain it publicly. The Internet Archive explores how bitcoin and other Internet innovations can be useful in the non-profit sphere– this is part of it. We want to see how donated bitcoin can be used,
