Mozilla Actually Started Accepting Cryptocurrency Donations Back in 2014 (thenewstack.io) 39
Mike Melanson's "This Week in Programming" column looks at what happened after Mozilla founder Jamie "jwz" Zawinski slammed the group for accepting donations in cryptocurrency (which Zawinski called partnering "with planet-incinerating Ponzi grifters.")
Peter Linss, one of the creators of the Gecko browser engine on which Mozilla Firefox is based, also stepped in to back up Zawinski, saying that he was 100% with him and that Mozilla was "meant to be better than this."
When Mozilla first announced it would accept Bitcoin donations in 2014, it cited Khan Academy, Electronic Frontier Foundation, United Way, Greenpeace, and Wikimedia Foundation among its moral and upstanding cryptocurrency-accepting compatriots. Of that list, just Greenpeace has since stopped accepting cryptocurrency donations, telling the Financial Times earlier this year that "as the amount of energy needed to run bitcoin became clearer, this policy [of accepting cryptocurrency donations] became no longer tenable."
Thursday the Mozilla Foundation announced it was pausing cryptocurrency donations to review whether the idea "fits with our climate goals" — a fact the column also addresses: Mike Shaver, another Mozilla project founder, also tweeted his support, writing that he was "glad to see this reflection happening."
In a follow-up blog post to the ordeal, Zawinski doubled down on his condemnation of Mozilla's cryptocurrency acceptance, writing that "cryptocurrencies are not only an apocalyptic ecological disaster, and a greater-fool pyramid scheme, but are also incredibly toxic to the open web, another ideal that Mozilla used to support" — an idea also espoused in many of the comments on the initial Twitter thread.
Meanwhile, although Mozilla says that it is pausing the ability to donate cryptocurrencies during its review, the donations page still lists BitPay among its payment methods.
When Mozilla first announced it would accept Bitcoin donations in 2014, it cited Khan Academy, Electronic Frontier Foundation, United Way, Greenpeace, and Wikimedia Foundation among its moral and upstanding cryptocurrency-accepting compatriots. Of that list, just Greenpeace has since stopped accepting cryptocurrency donations, telling the Financial Times earlier this year that "as the amount of energy needed to run bitcoin became clearer, this policy [of accepting cryptocurrency donations] became no longer tenable."
Thursday the Mozilla Foundation announced it was pausing cryptocurrency donations to review whether the idea "fits with our climate goals" — a fact the column also addresses: Mike Shaver, another Mozilla project founder, also tweeted his support, writing that he was "glad to see this reflection happening."
In a follow-up blog post to the ordeal, Zawinski doubled down on his condemnation of Mozilla's cryptocurrency acceptance, writing that "cryptocurrencies are not only an apocalyptic ecological disaster, and a greater-fool pyramid scheme, but are also incredibly toxic to the open web, another ideal that Mozilla used to support" — an idea also espoused in many of the comments on the initial Twitter thread.
Meanwhile, although Mozilla says that it is pausing the ability to donate cryptocurrencies during its review, the donations page still lists BitPay among its payment methods.
Proof of stake (Score:2)
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Nothing to do with wealth distribution (Score:1)
Ponzi schemes have nothing to do with the fact people aren't carbon copies, all the the same. That is, that we have unequal interests in different things, abilities, etc which means we don't all get the same results. Ponzi schemes have nothing to do with any of that.
To understand what a Ponzi scheme is, it is helpful to first be very clear what investment is. Investment is acquiring (buying or producing) an asset that produces more assets. An example would be buying chickens, would produce eggs. Building a
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You are right, of course. Gambling has been around since before recorded history, and it remains extremely popular. Even in the USA, it has a long history, being a very tyrannical force in the early days and reigned in by religious awakenings and even secular legal push-back, but never being fully eliminated from our culture. The consequences of gambling are clear and obvious both to historians and statisticians alike: the HOUSE WINS over time. Money is funneled away from people who just can't seem to g
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That sounds legit to me. Blockchain is just a transaction tracking system, in-and-of-itself it is neutral on what it's used for. Bitcoin (in its current state) and NFTs are just obvious ways to use it, but not the only ways. It wouldn't surprise me if this technology gets embraced by the financial sector (and other's too, where it makes sense).
But it's not going to provide some way "out from under" the regulation of the financial industry. It's not going to provide some sort of more even playing field w
because proof of stake doesn't exist? (Score:1, Insightful)
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crypto has crushed the semiconductor market and is ruining the planet to make the worst people alive richer
All of this shit is are the unintended consequences of making Bitcoin scarce. People were never going to be content just going "Oh well, I missed the Bitcoin boat, too bad for me. I guess I'll just buy some tiny fractional amount of Bitcoin and be happy with that, because it is divisible down to, uh, whatever the fuck that number is called when it's that far past the decimal point."
Nope, people forked Bitcoin. They changed the mining algorithm so they could still keep churning out "coins" using consumer
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because proof of stake doesn't exist?
It is totally false, sorry. Many tokens use proof of stake. I won't name them, I don't want people think I'm shilling coins but it is basic knowledge.
oh yeah crypto has crushed the semiconductor market
Unfortunately, it is not so simple. It is multifactorial: crypto, IA(mostly used for entertainment app), cloud gaming, remote work, resource exhaustion... I think it will get worse crypto or not.
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You do realize that there are several blockchains that have already implemented Proof of Stake? Ethereum has been beaten to the punch.
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Energy consumption is not the only civilization-threatening aspect of cryptocurrencies. And burning hard drives isn't exactly a sentient method to generate something that's supposed to resemble monetary value, either.
Re: Proof of stake (Score:4, Insightful)
Proof of capacity and/or proof of commitment use hard drive space (capacity) or hard drive space with committed tokens (hybrid proof of stake and proof of capacity) as a scalar.
Both of these have the same exact advantages as proof of work- you are using something physical and real to secure the blockchain and encourage decentralization. And like proof of stake, they do not require energy expenditure to do so, instead the hashes are simply who has plotted "space" closest to an arbitrary point, with the amount of "closeness" needed getting more and more generous until a block is found.
The first for this is signum, which launched years ago, and a copycat chia came out a few months ago, hyped by a company which premined it. There are some others in this space I think.
I don't think most people who complain about energy consumption are legit though, mostly because they never bring up proof of stake, proof of capacity, or proof of commitment. They should be all about that, but instead they overstate energy issues with PoW, then pretend that all coins are that. Usually they THEN call it a "ponzi scheme" or something else, which tells you that, generously, they dislike risky assets and that is their real motivation.
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Re: Proof of stake (Score:2)
Correct, the energy and raw materials they use are a rounding error. Even better, said storage is valuable only in bulk- state of the art fast storage would not be competitive. A world that gets a fever for such things might begin making hard drives in more places than currently done, but would be unlikely to end up with degenerate use cases like ASIC hashers. It is definitely something to be encouraged, if your issue with proof of work is the endless consumption of fungible but finite energy.
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"we don't accept crypto, it kills the planet"
Short answer is.. There are a bunch of ludicrous statements made against Bitcoin by Cryptophobes - No it's not a ponzi scheme, No it does not kill the planet.
US Dollars kill the planet just fine.
Time to write Jimmy a letter (Score:1)
Wikipedia are rich, no need to donate (Score:3)
Time to ignore donating as they can live off the interest on their assets indefinitely.
"US$157 million (2021, WMF est.) 127.2 million (2020)"
https://en.wikipedia.org/wiki/... [wikipedia.org]
Who doesn't? (Score:2)
Why would you refuse a donation of any denomination, I for sure would not. :-)
Slashdot does (Score:1)
I've been contributing to Slashdot for about two years now through Brave's BAT coin.
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Irony (Score:4, Insightful)
Yeah, about that. True story... possibly Gab's biggest lifeline in the last 1-2 years has been Bitcoin. All of those "good corporate citizens" who wax piously in the abstract about openness, inclusiveness, diversity, etc. seem to have, well, done things like said "yeah, no payment processing for you."
Turns out that contra these old cranks, crypto has been a lifeline for the open web in the face of their ideological allies weaponizing the payment systems against "assholes." Funny thing, that. How people will suddenly say "well gosh, if no one wants to allow you to accept money then that must just mean you're an asshole and the free market spoke" and then complain when technologists find a solution.
Must be why I switched from Firefox to Brave a while ago...
Re: Irony (Score:2)
lol (Score:2)
one world currency to rule them all (Score:1)