The Apache Software Foundation Now Accepting BitCoin For Donations 67
rbowen writes The Apache Software Foundation is the latest not-for-profit organization to accept bitcoin donations, as pointed out by a user on the Bitcoin subreddit. The organization is well known for their catalog of open-source software, including the ubiquitous Apache web server, Hadoop, Tomcat, Cassandra, and about 150 other projects. Users in the community have been eager to support their efforts using digital currency for quite a while. The Foundation accepts donations in many different forms: Amazon, PayPal, and they'll even accept donated cars. On their contribution page the Apache Software Foundation has published a bitcoin address and QR code.
Re:Why wouldn't they? (Score:-1, Interesting)
A lot of organizations, like the one I work for, can't be associated with known criminals. The IRS can take our nonprofit status. It's the same reason our auditors required us to drop the company that did our network cabling since they started accepting Bitcoin. Just this month I finally got us switched from Ant to Apache Maven. Thanks to Apache's risky decision, it looks like all of that work was for nothing.
Re:Why wouldn't they? (Score:5, Interesting)
For real business purposes, though, you'd be bonkers to accept bitcoins.
I do "real business" with people in bitcoins, including several overseas contractors. For instance, a woman in Karachi, Pakistan does graphic design for my company. Transferring dollars, and converting them to rupees, is expensive, and a time consuming hassle. Transferring bitcoins just takes a few seconds, and the transaction cost is a few pennies. She would be bonkers to not accept bitcoins.