[tor-bugs] #10129 [Website]: accept bitcoins

[Tor Bug Tracker & Wiki]

#10129: accept bitcoins
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     Reporter:  phobos       |      Owner:  phobos
         Type:  enhancement  |     Status:  new
     Priority:  normal       |  Milestone:
    Component:  Website      |    Version:
   Resolution:               |   Keywords:  SponsorZ
Actual Points:               |  Parent ID:
       Points:               |
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Comment (by Kelley):

 Replying to [comment:14 phobos]:

 Why don't we have a call with the Bitcoin Foundation folks and/or the
 Bitpay people and map out the implementation plan and do it?  I'm
 confident they would be thrilled or already are.  Plus with their positive
 presence in DC lately I think this would be a very positive (PR) related
 move for Tor.  I don't think the debate should be anymore whether to
 accept bit coins but how to accept bit coins which will keep our positive
 financial standing with the auditors.

 > Replying to [comment:13 mo]:
 > > If I had called Tor 10 years ago, it surely would have been equally
 "highly sketchy". Bitpay is expensive. The $30/month account (regardless
 of 'income'!) only allows for USD$10k donations per month. They don't even
 explain what the limits of the Starter accounts are, where they "only"
 take a cut of every transaction and no fixed monthly fee.
 >
 > Bitpay said to me on the phone it was free of fees and without limits
 for charities. We're not looking to buy btc, just sell at spot rates.
 >
 > The entire workflow is donation in btc -> processor -> USD -> USD in
 tor's bank account. We're not going to hold any btc or usd in any
 processor.
 >
 > Also, if you called Tor 10 years ago, no one would answer because no one
 used the phone.
 >
 > The other difference is bitpay wanted to validate the organization.
 Coinbase wanted to validate me, with copies of my social security card,
 passport, and a utility bill. I'm trying to avoid personal liability for
 Tor the org.

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Ticket URL: <https://trac.torproject.org/projects/tor/ticket/10129#comment:15>
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The Tor Project: anonymity online