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Bitcoin Electronic Frontier Foundation The Almighty Buck

EFF Resumes Accepting Bitcoin Donations After Two Year Hiatus 93

Posted by Unknown Lamer
from the coal-into-digital-plowshares dept.
hypnosec writes "The Electronic Frontier Foundation (EFF) has started accepting donations in the form of Bitcoins again after a two year hiatus, stating that the legal uncertainty hovering over the digital currency has all but disappeared. On their blog the EFF noted that a report from U.S. Treasury Department's Financial Crimes Enforcement Network (FinCEN), in addition to their own findings, 'have confirmed that, as a user of Bitcoin or any virtual currency, EFF itself is likely not subject to regulation.'"
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EFF Resumes Accepting Bitcoin Donations After Two Year Hiatus

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  • by Anonymous Coward

    Five of the last nine stories.... just sayin

    • by msauve (701917)
      Lawyers are nerds, too.
      • Sorta... Depends on which ones.

        The ones in the building where I work are a mixed bag:

        Attitude-wise, they range from egotistical asshats who deserve to be wrapped in chains and pitched into the river, to a couple of guys I know who are cheerful, friendly, and some of the kindest gents you'll ever meet... unless you're on the wrong end of their cases.

        Nerd-wise? Some can dive damned deep into caselaw, to the point of sheer OCD - they argue legalities in casual settings like me and my co-workers debate offsite

        • by GNious (953874)

          Attitude-wise, they range from egotistical asshats who deserve to be wrapped in chains and pitched into the river,

          I assume these are some of the ones qualifying as "nerds".

    • by Sarten-X (1102295) on Monday May 20, 2013 @10:45PM (#43778385) Homepage

      Law is a curious mixture of logic, psychology, history, ethics, and economics. It is not dominated by any one of those areas, but rather its complexity comes from the myriad interactions between different aspects of a particular situation. There is a certain nerdy beauty in those interactions and, for instance, it can indeed be quite interesting to see logical arguments suggesting discarding centuries of history in response to a recent socioeconomic change. Then with all the fervor of a sporting match and the careful maneuvering of a chess game, the opposing lawyer presents his logical arguments for how the past centuries' traditions should be upheld because the people now widely believe them to be ethically right, regardless of some particular moral standpoint.

      Almost equally interesting is watching the other nerds arguing about which team is better. It's like a sports-bar brawl, but with bigger words.

  • Too late (Score:4, Interesting)

    by Anonymous Coward on Monday May 20, 2013 @10:16PM (#43778245)

    Pity they hadn't been collecting them for the past two years, and just saving them. They'd have made a mint!

    • Maybe, maybe not. The stock-market aspect of Bitcoin tends to turn that "mint" into somewhat of a variable.

    • Too late indeed.
      I donated before they stopped. Something like 15 bitcoins (which, at $100 a coin, is $1500, a nice chunk of change, at the time it was more like $4 a coin). They then, stupidly, turned around and gave all the bitcoins away. And not to other organizations of a similar mind (FSF, or whoever), but to the Bitcoin Faucet. They should have either just stopped publishing the donation address (and left all the coins sitting in a hidden, off-line wallet), until they worked out the legal consequences,

      • by Anonymous Coward

        I'm really glad they took the time, because if there was legal action and the EFF wanted to represent those people their acceptance of bitcoin could create a needless conflict.

      • by DogDude (805747)
        Bitcoins are an easy, simple, and safe way for me to donate to freedom loving organizations. No bank fees, no credit card fees, no Paypal (which i refuse to use), etc. Bitcoin (which I can get by doing services for people) work extremely well.

        You CAN just donate money without tacking on all of those convenience services, you know...
        • Pray tell how? I live (currently) in a developing African country. If I want to donate cash to EFF, I'd have to fly to the USA and hand it to them. Or, you know, use a service that takes a chunk as a transfer fee. So, yeah, maybe you want me to post it to them? I'll stick with Bitcoins.

          • by DogDude (805747)
            Put a check in the mail.
            • Yeah? More like a worthless IOU. I don't have a check account anywhere in the world. The only "developed" country I know of that still uses personal checks is the USA. OK, you can still use them in other places, but it's just easier to do an electronic funds transfer, which are (generally) free (domestically). I don't have a USA bank account, so I can't even do that (without incurring International bank transfer fees). Did you not read the bit about me being in an African country? (And I've never even been

  • by bragr (1612015) * on Monday May 20, 2013 @10:56PM (#43778427)
    I donated some just because. I don't use my wallet that much anyway and there is never a bad reason to toss a little money EFF's way.

    posting ac because <spookyvoice\>ooooo... bitcoin anonymity...</spookyvoice\>

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