Greenpeace USA and the Environmental Working Group took a $5M donation from Ripple's ex-CEO/co-founder Chris Larson to lobby against/ spread misinformation about Bitcoin and its environmental impact lobbying towards a code change.
The climate groups are pushing for institutions such as Fidelity, BlackRock, Block and PayPal to influence the Bitcoin protocol. The group's objectives are to have these institutions force a change in the consensus model from PoW to PoS.
They recently launched a $1m ad campaign (article: https://www.bloomberg.com/news/articles/2022-03-29/greenpeace-crypto-billionaire-lobby-to-change-bitcoin-s-code) to achieve max attention.
While Bitcoin’s impact on the environment is disputed, I found it very remarkable to see Larson to use Greenpeace and ESG agenda as a way to weaken potential competing projects!
Submitted October 17, 2022 at 07:37PM by Antana18 https://ift.tt/tZQDaVT https://ift.tt/NEwGCft
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