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Wikipedia Founder Jimmy Wales Says ‘Banks Work And Bitcoin Doesn’t,’ Faces Crypto Community’s Wrath

Published by
Benzinga

Wikipedia co-founder Jimmy Wales on Sunday took a jab at Bitcoin (CRYPTO: BTC) by drawing a comparison with traditional banks. What Happened: He said on X, “I forgot my bank password and lost my entire net worth. No, actually, that didn’t happen, because banks work and bitcoin doesn’t.” In response to Wales’ criticism, notable figures within the Bitcoin community have fired back. Samson Mow, a known Bitcoin advocate, referenced a missed opportunity by saying, “If Wikipedia just bought #Bitcoin a few years ago like I suggested, you wouldn’t have to beg for donations every year in perpetuity.” L…

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