Free Software Foundation Receives 'Historic' Donations Worth Nearly $900K - in Monero (fsf.org)
- Reference: 0180462583
- News link: https://news.slashdot.org/story/25/12/27/036241/free-software-foundation-receives-historic-donations-worth-nearly-900k---in-monero
- Source link: https://www.fsf.org/news/free-software-foundation-receives-historic-private-donations
The two donations "are among some of the largest private gifts ever made to the organization," the FSF [2]said in a statement .
"The donors wish to remain anonymous," according to the FSF's statement:
> The organization is in its annual winter [3]fundraising drive , currently at three-quarters of its $400,000 USD winter goal, and will now switch its focus to a member drive thanks in part to these donations... The donation will support the organization's technical team and infrastructure capacity, as well as strengthen its campaigns, education, licensing, and advocacy initiatives, and future opportunities. The FSF is seeking [4]donations until year-end after which they aim to gain [5]100 associate members through its year-end fundraising ending January 16.
The FSF's executive director said the donations prove "that software freedom is recognized more and more as a principal issue today, at the core of several other social movements people care about like privacy, ownership, and the right to repair...
"We are proudly supported by a large variety of contributors who care about digital rights. All donations matter, whether $5 or $500,000."
[1] https://www.fsf.org/news/free-software-foundation-receives-historic-private-donations
[2] https://www.fsf.org/news/free-software-foundation-receives-historic-private-donations
[3] https://www.fsf.org/appeal
[4] https://my.fsf.org/donate
[5] https://www.fsf.org/join
Monero is usually associated with moeny laundering (Score:2)
The trouble with Monero is it's one of the cryptocurrencies that's supposed to be difficult to trace. That means it's one of the more common ones for crypto-mining malware, money laundering, small-time ransomware, etc. I'm not saying these donations necessarily come from criminals, but all the same I wouldn't want to be associated with large Monero transactions just because of how shady the whole thing is. Bitcoin, Dogecoin, etc. all use an open ledger so it's a lot easier to see where the tokens came fr
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Maybe so, but how do you launder money by donating it to charity? Or are you saying this is shady money that some criminal, for some reason, has decided to donate?
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It can also be very difficult to turn cryptocurrency into actual cash. Liquidity outside of money laundering where you don't care if you lose half the value of your investment because you're doing illegal things with a high profit margin to begin with has always been a problem for crypto.
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He'd need to be bathed in EZoff in order to be at normal cleanliness levels
Btw, what is Monero? An AGPL 3.0 licensed crypto?