2022 throwback: Mozilla pauses crypto donations following criticism over climate impact
2022 throwback: Mozilla pauses crypto donations following criticism over climate impact
After announcing that it would accept cryptocurrency donations last week, the Mozilla Foundation has put them on hold following critical comments.
Looks like paddy’s pub
The Gang Surfs the Net
Frank lost the Crypto bet
I wonder if there's been any further information on this. Donating Monero seems like a great idea for them. However, if they want to insist that the entire crypto community is energy-wasting shit bags, then that makes me want to have a lot less to do with them.
You'd be correct to point out that not all of them waste energy like Ethereum did until later in 2022 and Bitcoin still does, but wrong to pick Monero as an example of one that doesn't.
Oh, I know Monero uses proof of work and therefore uses power. However, my thought is that Monero can replace the banks and so you've got to consider how much power it takes to run bank buildings and bank employees cars and armored trucks etc. Also, since Monero is mined with CPUs instead of application-specific integrated circuits, you don't get a bunch of miners in one place. They are much more distributed throughout the entire power grid. So like we don't have giant mining farms located in Texas that is causing noise pollution to the nearby towns and stuff like that. We also don't have big mining companies causing drama in the news.
Edit: Proof of work is truly required because it literally backs the value of your currency with energy. And proof of stake has no physical backing.
Uses magnitudes less energy than tradfi. Scales up without consuming more energy. Gets called a shitbag.
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