Dogecoin creator slams Mozilla for pausing crypto donations

Share This Post

The creator of Dogecoin criticized Mozilla for supposedly making its decision based on feedback from the “ignorant, reactionary internet mob.”

The Mozilla Foundation’s back-tracking on crypto has earned a reaction from the creator of the world’s first meme cryptocurrency.

On Dec. 31, 2021, Mozilla, the developers of the Firefox internet browser, tweeted that the company was accepting cryptos like Dogecoin (DOGE), Ether (ETH), and Bitcoin (BTC) as donations, along with a Bitpay donation link.

However, less than a week later, the campaign was stopped after it received backlash from users and programmer Jamie Zawinski, a co-founder of Mozilla. According to Zawinski, everyone involved should be “ashamed of this decision to partner with planet-incinerating Ponzi grifters.” 

Zawinski didn’t stop there. As a follow-up, he published a blog post on his website and wrote that the crypto industry’s business model is unrealistic. “They manufacture only pollution, nothing else, and they turn that into money,” wrote Zawinski. 

Following this, Mozilla decided to pause crypto donations and have an internal discussion on cryptocurrency’s environmental impact. Mozilla said that it will review its policies on crypto donations and see if it works in line with its climate goals. 

In response, Dogecoin creator Billy Markus tweeted his disapproval of the move, pointing out the impact of paper dollars and traditional banking infrastructure.

Related: Samsung uses blockchain technology to address climate change

Earlier in 2021, Tesla Motors CEO Elon Musk announced that the firm would stop accepting Bitcoin, citing environmental concerns as the main reason for the move. Following this, efforts to make crypto more environmentally friendly started to gain traction. 

In an interview with Cointelegraph back in November, Alex Salnikov, co-founder and head of product at NFT marketplace Rarible, said that pressure to become more eco-friendly may be good for the industry. “Additional pressure is a good thing, as the space is accelerating its push to become energy efficient with proof-of-stake blockchains,” said Salnikov.

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

NEIRO on Ethereum Soars: Will Bullish Momentum Drive to $0.0030?

The post NEIRO on Ethereum Soars: Will Bullish Momentum Drive to $00030 appeared first on Coinpedia Fintech News As the crypto market remains volatile, the meme coin segment has lost the $50 billion

American Singer Big Bet, Buys 1.66M SUNDOG Tokens

The post American Singer Big Bet, Buys 166M SUNDOG Tokens appeared first on Coinpedia Fintech News The popular American singer Ty Dolla Sign made a big bet on the Sundog (SUNDOG) meme coin On October

Wallet Linked To Ethereum Foundation Deposits 1,250 ETH Tokens To BitStamp!

The post Wallet Linked To Ethereum Foundation Deposits 1,250 ETH Tokens To BitStamp! appeared first on Coinpedia Fintech News Reportedly, a wallet linked to the Ethereum Foundation has deposited

Cryptoquant: Stablecoin Liquidity Surges to Record Highs as Ripple Introduces RLUSD

Stablecoin liquidity reached unprecedented levels in September 2024, boosting overall cryptocurrency market activity Meanwhile, Ripple made a notable entrance into the stablecoin space with its newly

Will BABYDOGE and MEW Breakout and Surge to New Highs?

The post Will BABYDOGE and MEW Breakout and Surge to New Highs appeared first on Coinpedia Fintech News As the recovery trend in Bitcoin hits the front brakes, the altcoin market volatility increases

FTX: Major Ruling Clears $16 Billion Repayment Route In Bankruptcy Saga

FTX, once a giant in the crypto exchange world, has cleared a major hurdle in its bankruptcy proceedings On Monday, a US bankruptcy court approved its plan to repay customers using up to $165 billion