Mozilla Suspends Crypto Donations

Mozilla suspends crypto donations, says Dogecoin inventor. According to the founder of Dogecoin, a “ignorant, reactive online population”. Played a role in Mozilla’s decision to ban the cryptocurrency from its website. The creator of the world’s first meme cryptocurrency . Has expressed his dissatisfaction with the Mozilla Foundation’s decision to change its stance. On cryptocurrency policy in the wake of the recent election.

Dogecoin (DOGE), Ether (ETH), and Bitcoin (BTC) donations are being accepted by Mozilla. The developers of the Firefox internet browser. According to a tweet sent out on December 31, 2021. The company also provided a Bitpay donation link to make the process more convenient. For those who wish to make a donation.

After receiving negative criticism from users and Mozilla co-founder Jamie Zawinski. Who was actively involved in its development, the campaign was halted. Less than a week after it began, despite initial success. As a result of their decision to engage with planet-destroying Ponzi schemers. Zwinski believes that everyone involved should be ashamed of themselves.

Zawinski, on the other hand, did not sit back and enjoy his success. He then released a blog entry on his website. To follow up on his prior comments, in which he claimed. That the bitcoin industry’s business model was impractical and hence unsustainable. The following is Zawinski’s description of the situation: ” There is nothing else that they make other than pollution. And they turn that pollution into income.”

Because of this, Firefox made the decision to stop accepting bitcoin donations. And to hold an internal discussion about the environmental impact. Of cryptocurrency mining as a reaction. As part of its climate change initiatives, Mozilla said that it will review its policy on bitcoin donations. To determine whether or not they are consistent. With the organization’s climate change aims.

Billy Markus, founder of Dogecoin, reacted angrily

On Twitter, Dogecoin founder Billy Markus expressed his discontent with the decision. Pointing out the negative impact that paper dollars and traditional banking. Infrastructure have had on the cryptocurrency in the past.

“Take this opportunity to express my appreciation for caving. In to the demands of an illiterate and primitive online audience. We also genuinely appreciate everything you’ve done for us. Over the years and wish you continued success.

These people will suffer from a similar type of mental breakdown. That they previously experienced when they realized the full scope. And cost of their own constant environmental destruction will take place. In their minds as soon as they realize the full scope. And cost of paper currencies and the entire banking system. I have no doubt about it.””

Elon Musk, the CEO of Tesla Motors, indicated earlier in January of 2021. That the company will no longer accept Bitcoin as a mode of payment. According to him, environmental considerations were the most important aspect. In his decision-making. As a result, initiatives to make cryptocurrencies more environmentally friendly gathered traction. Inside the crypto-sphere over the course of the next several months.

Additionally, Alex Salnikov, co-founder and head of product at NFT marketplace Rarible. Told Cointelegraph that if the attempt to become more environmentally friendly is successful. It is possible that it will be beneficial to the sector as a whole. Salnikov spoke with Cointelegraph in November about his company’s plans. To become more environmentally friendly. According to Salnikov, the introduction also of Proof-of-Stake blockchains is a beneficial development. Because it accelerates the space industry’s efforts to become more energy efficient.

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