Firefox developer Mozilla, founder Jamie Zawinski It stopped receiving donations in crypto money after the reactions from the community members, especially from the community. Mozilla, which defines itself as a non-profit organization and was founded in 1998, has been accepting cryptocurrency donations since 2014.
It all started with a tweet from the company’s official Twitter account on December 31. Reminding that it accepts donations with cryptocurrencies such as Bitcoin, Mozilla received thousands of reactions in a short time. One of the people who reacted was Jamie Zawinski, one of the founders of Mozilla. The company backed off after other community members got involved in the controversy.
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What did Mozilla founder Jamie Zawinski say?
Jamie Zawinski, who left the company in 1999, responded to a tweet where he said the company was accepting donations in cryptocurrency. “I’m sure whoever manages this account has no idea who I am,” said Zawinski, reminding that he was the person who founded Mozilla and said very harsh words.
In the continuation of my sharing “Everyone with a hand in the project should be ashamed of his decision to become a partner in the Ponzi scam that burned the planet.” said. After this statement, Zawinski received a lot of support from his followers. Mozilla made a statement on the escalation of the controversy, saying that decentralized web technology is an important area to explore.
Stating that a lot has changed since they started accepting cryptocurrencies, the company said that it will review its policy from January 6th. announced. Until the investigation is concluded stop accepting donations with cryptocurrencies stated. He also stated that he will regularly share the review process in accordance with the open source spirit.
What does ponzi scam mean?
Ponzi scams; It is known as a fraud method that aims to add investors to the system by pretending that there is a high-profit production. In this method, payment is made to those who make the first investment. with the money of those who later joined the system is being done. Thus, it is claimed that there is a production with high profits in the middle and thus, it makes money for investors.
If the participation in the system is over, new investors will not be paid since there is no production that produces profit in theory. Thus, the system collapses in itself. Here’s Jamie Zawinski getting Mozilla, a nonprofit, to accept cryptocurrency payments ponzi scam likens it.
So what do you guys think about this? We welcome your comments on Mozilla’s decision and the founder’s statements!