The Mozilla Foundation’s setback on cryptocurrencies has earned the backlash from the creator of the world’s first meme cryptocurrency.
On December 31, 2021, Mozilla, the developers of the Internet browser Firefox, they tweeted that the company was accepting cryptos such as Dogecoin (DOGE), Ether (ETH), and Bitcoin (BTC) as donations, along with a donation link from Bitpay.
But nevertheless, Less than a week later, the campaign was halted after receiving backlash from users and programmer Jamie Zawinski, co-founder of Mozilla. According Zawinski, everyone involved should be “ashamed of this decision to partner with Ponzi scammers who incinerate planets.”
Zawinski didn’t stop there. As a follow-up, he published a blog post on his website and wrote that the business model of the cryptocurrency industry is unrealistic. “They make only pollution, nothing more, and turn it into money,” Zawinski wrote.
Following this, Mozilla decided to pause crypto donations and have an internal discussion about the environmental impact of cryptocurrencies. Mozilla said it will review its policies on crypto donations and see if it works in accordance with its climate goals.
In response, Dogecoin creator Billy Markus tweeted his disapproval of the move, pointing to the impact of paper dollars and traditional banking infrastructure.
thank you for succumbing to an ignorant, reactionary internet mob
wait till them guys hear about the environmental cost of paper dollars and the entire banking infrastructure, i am sure they will have the same level of meltdown about their own constant environmental impact https://t.co/jInIaIA0DS
– Shibetoshi Nakamoto (@ BillyM2k) January 7, 2022
thank you for succumbing to a reactionary and ignorant internet crowd
wait until they find out the environmental cost of paper dollars and the entire banking infrastructure, I’m sure they will have the same level of collapse on their own constant environmental impact
In early 2021, Tesla Motors CEO Elon Musk, advertisement that the company would stop accepting Bitcoin, citing environmental concerns as the main reason for the move. After that, Efforts to make cryptocurrencies more environmentally friendly began to gain traction.
In an interview with Cointelegraph in November, Alex Salnikov, Co-Founder and Head of Market Product at NFT Rarible, said that pressure to go greener may be good for the industry. “The added pressure is a good thing, as the space is accelerating its push to be energy efficient with proof-of-stake blockchains,” Salnikov said.
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