Mozilla to revise crypto donations policy

Mozilla has temporarily paused its acceptance of crypto donations after the practice drew criticism this week.

One of the people to lash out against the company was Jamie Zawinski, an original founder who left the organization back in 1999. In a scathing tweet, Zawinski described Mozilla as a company in cahoots with “Ponzi grifters”.

His criticism was echoed by many in the community, immediately putting Mozilla under pressure to contain the issue. While crypto donation isn’t new per se, the response to mentioning it again in public has been severe.

Mozilla has now updated its guidance on crypto. The company argued that its tweet about crypto donations had broached an important topic about the environmental impact that such digital assets might have. As a result, the company will be “reviewing if and how our current policy on crypto donations fits with our climate goals”.

Meanwhile, Mozilla is adamant that decentralized web technology is an important area for its company to explore.

Zawinski has not been appeased. He back with a blog post in which he continued to criticize cryptocurrencies, describing them as “apocalyptic ecological disaster”.

“I am happy for whatever part I played in getting them to rescind that terrible decision. 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”, he wrote.

Crypto has proliferated across mainstream companies. In 2021, Tesla became one of the main companies to invest massively into the sector, buying up $1.5bn of Bitcoin (BTC) and subsequently announcing it would be accepting the currency as payment for its electric vehicles. The company had to discontinue the practice, precisely because of an environmental backlash.

Meanwhile, BTC remains available for consumers at 1xBit, Bitcasino and FortuneJack, as a viable betting currency.


Updated: 01/07/2022 — 10:00