[rehitman]

I don’t know about Wikipedia, but many none for profit organization have strict guidelines about investment.they usually can either spend the money on operation, capex, or if they have to keep some reserve they need to use very safe investment like government bonds.

Saying that most likely Wikipedia has to convert the bitcoin to cash before the end of the year. They cannot keep crypto as reserve or investment

[vmception]

The law is alot more flexible.

I’m in the non profit space. There isnt a single thing they would have had to do with crypto donated to them. So yeah they could have ridden it up.

Even investing rules and guidelines from the state and fed exempt donated assets from them completely.

Non profits just lack an incentive to learn how to do anything well, and are often staffed by people that have never had to consider market forces.

[mschuster91]

> Non profits just lack an incentive to learn how to do anything well

Being involved in a project that would benefit from being a formalized German no-profit entity, there is another issue: the laws around non-profit entities are vague and at the same time there are almost no lawyers specializing in non-profit laws and regulations. The major ones (think of Greenpeace and the likes) all have their in-house counsel, and the countless smaller ones just wing it and hope the tax man never comes for an audit.

[vmception]

in the US there are plenty of non-profit lawyers for US formalized non-profits

I am speaking from a US perspective

The tricky issue arises when there are interdisciplinary issues that require other kinds of legal counsel involved as well just to get the signoff on how to conduct a transaction