• Greenpeace commissioned an artist to create a “Skull of Satoshi” art piece as part of their “change the code, not the climate” campaign.
• The artist, Benjamin Von Wong, has since admitted that he was wrong about Bitcoin and proof-of-work (PoW) consensus mechanism.
• He has proposed a solution that would appease both Greenpeace and Bitcoiners by having miners invest in renewable energy sources instead of fossil fuels.
Greenpeace Anti-Crypto Artist Admits They Were Wrong on Bitcoin Mining
The ‚Skull of Satoshi‘
Environmental agency Greenpeace has said that Bitcoin is fueling the climate crisis and claim that the cryptocurrency should simply switch its code to operate on a proof-of-stake (PoS) consensus mechanism. This led to the organization commissioning an artist, activist Benjamin Von Wong, to create a “Skull of Satoshi” art piece as part of their “change the code, not the climate” campaign.
A Change Of Heart
However, Von Wong admits his belief about PoW was „wrong“ and took to Twitter after his artwork garnered negative attention. He explained that it is not „a simple black-and-white issue.“ Following this admission, he went on to propose a solution that could work for both sides: miners should invest in renewable energy sources instead of fossil fuels.
The Reaction From Crypto Enthusiasts
Von Wong’s change of heart may have come from the reaction from crypto enthusiasts; instead of being deterred by the art piece many admired it and looked to adopt it as a mascot. Additionally, other criticisms took away from the effectiveness of the message behind the work; namely that there were no ASIC circuit boards in what was supposed to be made out electronic waste from Bitcoin mining.
Solution For Both Sides
Von Wong believes that miners should invest in renewable energy sources instead of fossil fuels which will leave Greenpeace nothing to argue against. This investment would also benefit crypto enthusiasts who rely on miner’s activity for security while reducing environmental damage at large scale level.
Despite initially believing PoW was wasteful and unnecessary, Von Wong now realizes nothing is ever black and white when it comes to cryptocurrencies like Bitcoin or its environmental impact. His proposed solution allows both sides – environmentalists and crypto fans alike –to coexist peacefully with mutually beneficial results for everyone involved in cryptocurrency transactions or mining activities across the globe