The Ripple Effects Of Change The Code’s Campaign Against Bitcoin
One does not simply change Bitcoin’s code, as the Change The Code campaign ridiculously requests.Greenpeace USA and the Environmental Working Group (EWG), with $5 million in backing from Ripple Labs co-founder Chris Larsen, recently launched the Change The Code Campaign. This lobbying effort — steeped in misinformation and outright falsehoods — sensationalizes the climate impact of Bitcoin and promotes irrational moral panic. The campaign is underpinned by a widely debunked study and publicly pressures roughly 30 so-called influential people in the Bitcoin community to change its consensus....
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With the “Change The Code” campaign, Greenpeace and Ripple rubbed the bitcoin community the wrong way. The reactions kept coming throughout the day. Bitcoiners saw through the campaign’s literal intention and interpreted it as an attack on the protocol. And they weren’t quiet about it. In fact, they wouldn’t shut up. Related Reading | Ripple […]
Who’s Chris Larsen trying to fool? Even though the Chairman of Ripple claims that “the company is not involved in this campaign,” their latest PR stunt is as obvious as it gets. Another multimillion-dollar attack on bitcoin, once again using the ESG angle and a set of debunked numbers. The new thing is, Larsen spent […]
With a new tweet, Greenpeace USA continues its smear campaign against Bitcoin and Proof of Work. Just this March, the environmental organisation caused a stir in the Bitcoin space when it teamed up with other climate groups to launch the “Change the Code, Not The Climate” campaign. Remarkably, Ripple co-founder Larsen also provided $5 million […]
Underlying disinformation exposed during Greenpeace USA’s “Change The Code” campaign only served to rally the Bitcoin community.
Gold Bullion International, a precious metals provider, announced in a statement Tuesday that it was opening as a live gateway on the Ripple protocol, creating a new gold-backed cryptocoin. That currency, XAU, is effectively a token representing physical gold with all of the ease of transaction inherent in cryptocoins. Or, as the Ripple blog puts it, “You are buying gold balances issued by GBI that are backed by and redeemable for physical gold bullion.” This has two key effects, the statement says: Gold becomes easier to trade. Gold can be spent anywhere Bitcoin is accepted via the Ripple....