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Wednesday, January 19, 2022

Mozilla bans crypto donations, Dogecoin co-founder gets ‘angry’

Billy Marcus, co-founder of cryptocurrency Dogecoin, has attacked Mozilla, which runs the popular browser ‘Firefox’. Mozilla has stopped donations being taken in the form of cryptocurrency, citing the environmental impact of crypto mining. This donation was being taken by the Mozilla Foundation. In response, Billy Marcus responded on Twitter. He accused Mozilla of bowing down to internet mobs, calling this decision ‘stupid’. Billy Marcus disagrees on Mozilla’s move. He pointed to the environmental impact of paper dollars and traditional banking infrastructure.

of the people against Mozilla Anger Started on 31st December. The company reminded its users that they can donate in Dogecoin, Bitcoin and Ether to the Mozilla Foundation. This foundation of the company was accepting donations in crypto through the BitPay platform.

Mozilla was heavily criticized for this post. Many people even said that Mozilla Foundation is tarnishing its image. Some even threatened to cancel future donations. Mozilla co-founder Jamie Jawinsky was also among those dissenting.

Jawinsky’s outrage was not limited to one tweet. He wrote a blog post on his website. Said that the business model of the crypto industry is unrealistic. ‘They only create pollution and nothing else and they convert it into money.’ After this Mozilla decided to stop crypto donation. The company discussed the environmental impact of cryptocurrencies. The company said that it will review its policy on donations taken in the form of crypto.

Mozilla has been accepting donations in cryptocurrencies for the past several years. Not many crypto critics were aware of this. The Mozilla Foundation partnered with Coinbase in 2014 to receive crypto donations in the form of bitcoin. In addition, its cryptocurrency donations are instantly converted into fiat currency. However, crypto supporters are also angry with Mozilla stopping donations being taken in the form of crypto. They say that they will stop using the Firefox browser.

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Damini Sharma
Experienced Senior Content Writer with a demonstrated history of working in the information technology and services industry. Skilled in SEO Copywriting, Web Content Writing, Storytelling, Blogging, and Social Media. Strong media and communication professional with a mass communication focused in Journalism from Sjmc davv indore.
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