Dogecoin's creator slammed Mozilla for allegedly framing its decision on feedback from the "ignorant, reactionary internet mob."
The founder of the world's first meme crypto has reacted to the Mozilla Foundation's reversal on cryptocurrency.
Mozilla, the company behind the Firefox web browser, tweeted on December 31, 2021, that it was taking payments in cryptos such as Dogecoin (DOGE), Ether (ETH), and Bitcoin (BTC), and also a Bitpay donation link.
After receiving a reaction from users and Mozilla co-founder Jamie Zawinski, the campaign was discontinued about a week later. Everyone engaged, according to Zawinski, should be "ashamed of this decision to partner with planet-incinerating Ponzi grifters."
Zawinski's efforts did not end there. In response, he posted on his website that the crypto industry's business structure is impractical. “They manufacture only pollution, nothing else, and they turn that into money,” stated Zawinski.
As a result, Mozilla has planned to stop crypto donations and conduct an organizational discussion about the effect of crypto on the environment. Mozilla stated that it will analyze its crypto donation policy to check if they are by its environmental objectives.
Billy Markus, the creator of Dogecoin, expressed his dissatisfaction with the action, citing the influence of paper currency and the traditional banking framework.
Elon Musk, CEO of Tesla Motors, said earlier in 2021 that the company would no longer take Bitcoin, stating environmental impacts as the major cause for the decision. As a result, attempts to make crypto more eco-friendly popular.
In a November interview, Alex Salnikov, co-founder and head of product at NFT marketplace Rarible, stated that push to be more eco friendly may be beneficial to the sector. “Additional pressure is a good thing, as the space is accelerating its push to become energy efficient with proof-of-stake blockchains,” added Salnikov.