Cryptocurrencies

Greenpeace, Crypto Billionaire Lobby to Change Bitcoin Code

  • “Change the Code” campaign will run ads in the next month
  • Ripple co-founder Larsen provides $5 million to finance effort
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Bitcoin is about to face a fresh onslaught over its damaging environmental footprint.

Several climate activist groups including Greenpeace and crypto billionaire Chris Larsen are launching a “Change the Code, Not the Climate” campaign, designed to pressure the Bitcoin community to alter the way it orders transactions that already consumes as much power as Sweden. In five years Bitcoin may consume as much power as Japan, Larsen said in an interview.