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GreenpeaceUSA was paid by Ripple to attack Bitcoin, Really?

GreenpeaceUSA was paid by Ripple to attack Bitcoin, Really? 2

Bitcoin supporters dragged Ripple firm badly under huge criticism over their relationship with the Greenpeace USA organization.

GreenpeaceUSA is the US branch of the global environmental nonprofit, Greenpeace International. Based in Washington D.C., it has an annual budget of about $40 million and employed over 500 people in 2020. This organization aimed to fight against global warming, and the effects of climate change on people and wildlife, protecting healthy oceans, which provide 97% of the Earth’s livable habitat and are home to over 700,000 species, etc. Funding of this organization fully relies on its members. 

Following the latest report by GreenpeaceUSA, the Crypto community added a note on X account of this organization that dragged attention toward the funding of $5 million by Ripple, which was allegedly focused on spreading FUD around Bitcoin.

NEW: Greenpeace USA got exposed by Community notes for spreading fud against #Bitcoin

You Come At the King, You Best Not Miss 👏 pic.twitter.com/LqdtVxcavx

— Bitcoin Magazine (@BitcoinMagazine) March 21, 2024

Another crypto X user dragged attention toward this misleading information and noted that such assumptions were drawn on behalf of the factual errors in their reporting.

Actually they said this…

They didn’t where did you source the screenshot from @BitcoinMagazine pic.twitter.com/bwiLPnOXoU

— Coinsauce (@CoinsauceCrypto) March 21, 2024

However Ripple, the firm behind the XRPL blockchain network, never opposed Bitcoin directly in the past but sometimes used facts to support XRP cryptocurrency over Bitcoin.

In March 2022, Ripple joined the campaign, called “Change the Code Not Bitcoin”. The Climate group coordinated by the Environmental Working Group, GreenpeaceUSA and several groups battling bitcoin mining facilities in their communities. Reportedly Ripple funded $5 million to run that campaign.

Under that campaign climate group aimed to change the code of Bitcoin with full community support, to reduce Bitcoin mining energy consumption by 99%. 

For this campaign support, the majority of the Bitcoin maximalists & enthusiasts slammed Chris Larsen, the billionaire co-founder of Ripple. 

as a Bitcoin Node Operator and member of the Bitcoin High Priesthood that Controls the Protocol, I have duly considered Ripple's and Greenpeace's request to eliminate PoW from Bitcoin, and I hereby… deny it. pic.twitter.com/6QYziI2QYW

— nic 🌠 carter (@nic__carter) March 29, 2022

Another prominent Bitcoin personality Jameson Lopp jumped against this campaign politely and asked for the proposed new Bitcoin code so that Bitcoin Devs can test & further think about the campaign’s Bitcoin initiatives but sadly no one responded to him.

Dear @bruneski @chrislarsensf @greenpeaceusa,

We haven't heard back regarding collaboration. Understandable; it can feel overwhelming. I hereby offer to change the PoW code for a consultation fee of 10 BTC, thus saving 95% of your budget.

P.S. I'll even compile binaries.

— Jameson Lopp (@lopp) March 30, 2022

Read also: BlackRock launches blockchain-based fund $BUIDL showcasing strong market confidence

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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