THE APACHE SOFTWARE FOUNDATION has recently started accepting Bitcoin, and it's catching on.
A Reddit user asked the Apache Software Foundation to provide a way to submit Bitcoin donations, and was gratified to see it do so within 48 hours of submitting the request.
The not for profit organisation maintains a number of very widely used open-source software products, including the Apache web server and the Openoffice productivity suite of applications, and many of its members and contributors are technically sophisticated software developers that are, not surprisingly, conversant with using the Bitcoin digital alternative to ordinary currencies.
The foundation published a Bitcoin address and QR code on the contribution page of its website late last week, adding that donation option to using Paypal, Amazon, sending it an old-fashioned cheque, or even donating a car.
According to news website Newsbtc, Apache isn't using any Bitcoin payments processor(s) like Bitpay or Coinbase, but is quite simply accepting donations at its own Apache Software Foundation Bitcoin address.
At the time of writing, the foundation had already received 100 contributions amounting to almost 5.5 Bitcoin. Apparently it's catching on rather quickly.
Apache Software Foundation EVP Rich Bowen said to Newsbtc, "We have some suppliers who accept BTC, and we are still exploring the accounting issues around paying directly with BTC for purchases with them.
"We want to make sure that as a charity we can deal with the issues around transparency and accounting in a sound manner." µ
Plus the cost of ambition as moonshots eat into the coffers
Spoiler alert: it's probably VeriSign
Did we say cuts off? We meant traps them inside their own home