After announcing that it would accept cryptocurrency gifts last week, the Mozilla Foundation has put them on hold following critical comments from a Mozilla founder and numerous others, TechCrunch reported. “Starting today we are reviewing if and how our current policy on crypto gives would be in line with our atmosphere goals, ” the company tweeted.” And as we conduct our review, we will pause the ability to donate cryptocurrency.”
Mozilla announced the new policy with a jokey tweet, saying folks who “dabble in @ dogecoin” or are “HODLing some #Bitcoin& Ethereum” can donate their crypto directly to the foundation. That was met by a caustic reply from Mozilla co-founder Jamie Zawinski. “F *** you and f *** this, ” he tweeted. “Everyone involved in the project should be witheringly ashamed of this decision to partner with planet-incinerating Ponzi grifters.” Peter Linss, the designer of the Gecko engine that supremacies Firefox, chimed in as well, telling Mozilla that “you were meant to be better than this.”
So, starting today we are reviewing if and how our current policy on crypto gives would be in line with our environment destinations. And as we deport its consideration of the item, we will pause the ability to donate cryptocurrency. 3/4
— Mozilla (@ mozilla) January 6, 2022
Yesterday, Mozilla backpedaled on the idea, saying in a tweet that the comments “led to an important discussion about cryptocurrency’s environmental impact.” It added that “decentralized entanglement technology continues to be an important sphere for us to explore, but a lot has changed since we started admit crypto donations.”
Cryptocurrencies like Bitcoin and Ethereum are created by solving complex math problems and by design, become harder to “mine” over age. They too have to be stored under a public record, something that also eats energy. As a develop, Bitcoin uses more intensity than many countries, and much of that comes from dirty beginnings like coal.
Last year Tesla announced that it would accept Bitcoin remittance for its EVs, and even bought up $1.5 billion worth of Bitcoin to smooth the process. However, many tribes pointed out that the environmental benefits of an EV could heavily reduced by the staggering amount of electricity required to mine a single Bitcoin.
Mozilla said it will continue to explore the cryptocurrency subscription project but continue folks in the loop this time. “In the spirit of open-source, this will be a transparent process and we’ll share regular revises, ” the Foundation tweeted. “We look forward to having this conversation and recognize local communities for making this to our attention.”
Read more: engadget.com