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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.Īn anonymous reader quotes a report from Motherboard: For as long as cryptocurrencies have existed, libertarians have dreamed of using them to create communities, seasteads, and cities free from the prying eyes of the state and its tax collectors.
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. Mike Shaver, another Mozilla project founder, also tweeted his support, writing that he was "glad to see this reflection happening." 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: 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 became no longer tenable."
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. 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."
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.") Department of Justice and Internal Revenue Service are investigating whether one entity Zhao controls, Binance Holdings, is a conduit for money laundering and tax evasion, according to people with knowledge of the matter. Banished from China - where it was founded - the company faces regulatory probes globally. Binance's success underscores the vast riches being created in the unshackled cryptoverse, even with recent declines, but controversy has swirled around the firm. Binance Coin, now called BNB, surged roughly 1,300% last year. Zhao's fortune could be significantly larger, as the wealth estimate doesn't take into account his personal crypto holdings, which include Bitcoin and his firm's own token. It's the first time Bloomberg has estimated his fortune, which exceeds Asia's richest person, Mukesh Ambani, and rivals tech titans including Mark Zuckerberg and Google founders Larry Page and Sergey Brin. In a region known for dizzying wealth, Zhao, 44, fits right in: His net worth is $96 billion, according to the Bloomberg Billionaires Index. He has scooped up an apartment in Dubai and hosted dinners near the Burj Khalifa, the world's tallest building, and on the city's Palm Jumeirah island - making him the most prominent personality in the nation's booming crypto scene. CZ, as he's known to cryptophiles, is quickly becoming a fixture in the United Arab Emirates, meeting with royalty in Abu Dhabi who are eager to bring his Binance exchange to the country, according to people with knowledge of the situation.
Ethereum cryptocurrency will jettison mining speedier software#
Mingling among them last month was a figure charting an unlikely ascent: a former McDonald's burger-flipper and software developer who, practically overnight, has vaulted into the ranks of the world's wealthiest people - cryptocurrency pioneer Changpeng Zhao.
Ethereum cryptocurrency will jettison mining speedier movie#
An anonymous reader shares a report: The Abu Dhabi Grand Prix draws princes, movie stars and world-famous athletes every year to party on Yas Island, the entertainment hub about 30 minutes from the center of downtown.
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