Open Source Collective Is Disabling Contributions in Cryptocurrencies (opencollective.com)

submitted 7 months ago by edisondotme@monero.town to c/monero@monero.town

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Old news that I just happened upon. Open Collective manages donations for many open source projects. Their reasons for discontinuing crypto supports are all problems that XMR fixes.

So frustrating when people throw the baby out with the bath water here. Imagine Henry Ford with his Model-T.

You have to inflate the tires? You have to keep filling it with gas all the time? Only 10MPH? Yeah no thanks, we're banning your "auto mobile" project, this would never work.

This isn't even a good metaphor considering XMR already exists as a solution.

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[-] delirious_owl@discuss.online 1 points 7 months ago

Yeah that was like a year ago.

They didn't say why, but I think the risk was money laundering. Like creating a project and you yourself donating to it.