{"id":292,"date":"2022-05-01T15:12:14","date_gmt":"2022-05-01T15:12:14","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2022\/05\/01\/ripple-greenpeace-join-forces-for-curious-campaign-to-change-bitcoin-to-pos\/"},"modified":"2022-05-01T15:12:14","modified_gmt":"2022-05-01T15:12:14","slug":"ripple-greenpeace-join-forces-for-curious-campaign-to-change-bitcoin-to-pos","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2022\/05\/01\/ripple-greenpeace-join-forces-for-curious-campaign-to-change-bitcoin-to-pos\/","title":{"rendered":"Ripple &#038; Greenpeace Join Forces For Curious Campaign To Change Bitcoin To PoS"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<p><strong><em>Disclaimer: The following op-ed represents the views of the writer, and will not essentially mirror the views of Bitcoinist. Bitcoinist is an advocate of artistic and monetary freedom alike.<\/em><\/strong><\/p>\n<p><span style=\"font-weight: 400;\">Who\u2019s Chris Larsen making an attempt to idiot? Even although the Chairman of Ripple <\/span><a href=\"https:\/\/twitter.com\/chrislarsensf\/status\/1508657068739231744\" rel=\"noopener\"><span style=\"font-weight: 400;\">claims<\/span><\/a><span style=\"font-weight: 400;\"> that \u201cthe company is not involved in this campaign,\u201d their newest PR stunt is as apparent because it will get. Another multimillion-dollar assault on bitcoin, as soon as once more utilizing the ESG angle and a set of debunked numbers. The new factor is, Larsen spent $5M to bribe Greenpeace into doing his soiled work. Will the group\u2019s popularity be sturdy sufficient to destroy bitcoin?<\/span><\/p>\n<p><p class=\"responsive-video-wrap clr\"><iframe loading=\"lazy\" title=\"Bitcoin is Fueling Climate Change - A Software Change Could Clean it Up\" width=\"1200\" height=\"675\" src=\"https:\/\/www.youtube.com\/embed\/0Hdjt0cqLuA?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<\/p>\n<p><span style=\"font-weight: 400;\">Putting apart the plain battle of curiosity that taking the cash of Ripple\u2019s creator to fund a marketing campaign to assault the undisputable class chief presents, Greenpeace did a horrible job with the primary advert. They quote probably the most ridiculous claims about bitcoin\u2019s Proof-Of-Work consensus mechanism, that miners may increase the planet\u2019s temperature by two complete levels. Who in his proper thoughts would imagine such a factor?\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Certainly not the those who they declare they\u2019re making an attempt to succeed in. According to <\/span><a href=\"https:\/\/www.wsj.com\/articles\/environmental-groups-pressure-bitcoin-community-to-lower-energy-use-11648509353\" rel=\"noopener\"><span style=\"font-weight: 400;\">the Wall Street Journal<\/span><\/a><span style=\"font-weight: 400;\">, \u201csome of the ads are aimed at prominent bitcoin backers, such as Tesla Inc. Chief Executive Elon Musk, Block Inc. founder Jack Dorsey and Fidelity Investments Chief Executive Abby Johnson.\u201d\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Is there even an opportunity that the chief <\/span><a href=\"https:\/\/bitcoinist.com\/fidelity-we-live-in-a-bitcoin-first-world\/\"><span style=\"font-weight: 400;\">of a company who believes we live in a bitcoin-first world<\/span><\/a><span style=\"font-weight: 400;\"> or the one that <\/span><a href=\"https:\/\/bitcoinist.com\/how-jack-dorseys-bitcoin-defense-fund\/\"><span style=\"font-weight: 400;\">created the bitcoin defense fund<\/span><\/a><span style=\"font-weight: 400;\"> would fall for these poorly-researched lies and apparent manipulation? Would the bitcoin miners threat killing the golden goose by destroying the community\u2019s safety mannequin? What proportion of node runners is uneducated sufficient to think about eliminating the virtually miraculous decentralization that bitcoin fought so exhausting to attain?<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Chris Larsen isn\u2019t fooling anybody. This marketing campaign\u2019s actual goal is most of the people.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">What Did Ripple \u2019s Chairman Say, Exactly?<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Of course, a marketing campaign in opposition to bitcoin counts on the mainstream media\u2019s approval and help. However, it was by way of Twitter that Chris Larsen spoke extra candidly concerning the topic:<\/span><\/p>\n<blockquote>\n<p><span style=\"font-weight: 400;\">\u201cThe time for change is now \u2013 as prominent capital market participants drive crypto liquidity, ESG and sustainability will only become more front and center. ETH (2nd largest market cap \u2013 for now) recognized this early on and is very close to switching to PoS. We need short-term solutions as well, even if a move away from PoW happened eventually. Bitcoin is and will remain hugely important for crypto globally. Bitcoiners \u2013 I know many of you may not believe this, but I\u2019m not trying to work against you here.\u201d<\/span><\/p>\n<\/blockquote>\n<p><span style=\"font-weight: 400;\">Who\u2019s this man making an attempt to idiot? As we already established, most of the people. For bitcoiners, it\u2019s apparent that that is an admittedly refined assault on bitcoin. The Ripple Chairman hyperlinks to a <\/span><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2022-03-29\/greenpeace-crypto-billionaire-lobby-to-change-bitcoin-s-code\" rel=\"noopener\"><span style=\"font-weight: 400;\">Bloomberg article<\/span><\/a><span style=\"font-weight: 400;\"> that frames the marketing campaign in probably the most alarmist manner doable.<\/span><\/p>\n<blockquote>\n<p><span style=\"font-weight: 400;\">\u201cSeveral climate activist groups including Greenpeace and crypto billionaire Chris Larsen are launching a \u201cChange the Code, Not the Climate\u201d marketing campaign, designed to stress the Bitcoin group to change the best way it orders transactions that already consumes as a lot energy as Sweden.\u201d\u00a0<\/span><\/p>\n<\/blockquote>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">We want short-term options as effectively, even when a transfer away from PoW occurred ultimately. Bitcoin is and can stay vastly necessary for crypto globally. Bitcoiners \u2013 I do know a lot of you could not imagine this, however I\u2019m not making an attempt to work in opposition to you right here.<\/p>\n<p>\u2014 Chris Larsen (@chrislarsensf) <a href=\"https:\/\/twitter.com\/chrislarsensf\/status\/1508657062376468480?ref_src=twsrc%5Etfw\" rel=\"noopener\">March 29, 2022<\/a><\/p>\n<\/blockquote>\n<p><span style=\"font-weight: 400;\">However, the writer fails to say that Christmas lights within the U.S. eat extra energy than Sweden.<\/span><\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"size-medium wp-image-176467 aligncenter\" src=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2022\/03\/BTCUSD_2022-03-30_10-05-54-640x358.png\" alt=\"BTCUSD price chart for 03\/30\/2022 - TradingView\" width=\"640\" height=\"358\" srcset=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2022\/03\/BTCUSD_2022-03-30_10-05-54-640x358.png 640w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2022\/03\/BTCUSD_2022-03-30_10-05-54-980x548.png 980w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2022\/03\/BTCUSD_2022-03-30_10-05-54-768x430.png 768w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2022\/03\/BTCUSD_2022-03-30_10-05-54-750x419.png 750w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2022\/03\/BTCUSD_2022-03-30_10-05-54.png 1012w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\"\/><\/p>\n<pre style=\"text-align: center;\">BTC worth chart for 03\/30\/2022 on Cexio | Source: BTC\/USD on <a href=\"https:\/\/www.tradingview.com\/symbols\/BTCUSD\/\" rel=\"noopener\">TradingView.com<\/a><\/pre>\n<h2><span style=\"font-weight: 400;\">Poor Research And Outright Lies<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">The Bloomberg article additionally quotes Michael Brune, the poor soul in command of the marketing campaign:<\/span><\/p>\n<blockquote>\n<p><span style=\"font-weight: 400;\">\u201cWe are in this campaign for the long haul, but we are hoping \u2014 particularly since Bitcoin is now being financed by entities and individuals who care about climate change \u2014 that we can compel leadership to agree that this is a problem that needs to be addressed. Goldman Sachs, BlackRock, PayPal, Venmo, Fidelity \u2014 there are lots of companies we anticipate will be helpful to this effort.\u201d<\/span><\/p>\n<\/blockquote>\n<p><span style=\"font-weight: 400;\">This man is as clueless because it will get. Has he learn <\/span><a href=\"https:\/\/www.newsbtc.com\/news\/bitcoin\/fidelity-says-what-weve-been-thinking-countries-central-banks-will-buy-btc\/\" rel=\"noopener\"><span style=\"font-weight: 400;\">what Fidelity has to say about bitcoin<\/span><\/a><span style=\"font-weight: 400;\">? His phrases sound as ignorant because the phrase, \u201cthe campaign believes that about 50 key miners, crypto exchanges and core developers have the power to change Bitcoin\u2019s code.\u201d WHAT? First of all, no, that quantity is nowhere close to sufficient. It\u2019s extra like a whole lot of hundreds of bitcoin believers everywhere in the world. Secondly, these those who the marketing campaign is allegedly concentrating on spent hundreds of hours researching bitcoin. People concerned within the marketing campaign clearly haven&#8217;t.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The apparent lies come courtesy of Chris Larsen, who claims that \u201che feels that Bitcoin won\u2019t continue to enjoy investors\u2019 support unless it changes.\u201d And outright predicts, \u201cnow a lot of what\u2019s driving crypto is the enormous liquidity that\u2019s come from the traditional market players. And generally, those people are not religious about these technologies. So it\u2019s just a matter of time.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Presumably, the Ripple Chairman learn \u201cThe Blocksize War.\u201d He is aware of it\u2019s NOT a matter of time and a $5M marketing campaign will not be going to set off a protocol change that may result in bitcoin\u2019s demise. What\u2019s he doing, then? Using Greenpeace\u2019s good title to focus on most of the people and plant nonsensical ESG FUD into their minds. And selling Ripple on the identical time. That\u2019s what he\u2019s doing.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">What\u2019s Really Happening?<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">The actuality is, bitcoin makes use of exactly the vitality it wants to offer monetary providers to anybody, anyplace on the planet. And it doesn\u2019t waste any of it. The community makes use of the vitality for essential functions like safety, coin issuance, and connection to the actual world. Plus, it incentivizes <\/span><a href=\"https:\/\/bitcoinist.com\/bitcoin-incentivizes-green-energy-infrastructure-and-elon-agrees-heres-proof\/\"><span style=\"font-weight: 400;\">green energy infrastructure<\/span><\/a><span style=\"font-weight: 400;\"> and serves as a purchaser of first and final resort for renewable vitality crops. Among different issues.<\/span><\/p>\n<pre style=\"text-align: center;\">Featured Image by <a href=\"https:\/\/unsplash.com\/@markusspiske?utm_source=unsplash&amp;utm_medium=referral&amp;utm_content=creditCopyText\" rel=\"noopener\">Markus Spiske<\/a> on <a href=\"https:\/\/unsplash.com\/s\/photos\/greenpeace?utm_source=unsplash&amp;utm_medium=referral&amp;utm_content=creditCopyText\" rel=\"noopener\">Unsplash<\/a>  | Charts by <a href=\"https:\/\/www.tradingview.com\/\" rel=\"noopener\">TradingView<\/a><\/pre>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/bitcoinist.com\/ripple-greenpeace-ridiculous-campaign-bitcoin-pos\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Disclaimer: The following op-ed represents the views of the writer, and will not essentially mirror the views of Bitcoinist. Bitcoinist is an advocate of artistic and monetary freedom alike. Who\u2019s Chris Larsen making an attempt to idiot? Even although the Chairman of Ripple claims that \u201cthe company is not involved in this campaign,\u201d their 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