Fun

Greenpeace Unveils ‘Skull of Satoshi’ to Spark Debate Over Bitcoin’s Environmental Impact; Creator Clarifies It ‘Wasn’t Meant to Be Anti-Bitcoin’

News Feed - 2023-03-27 05:03:36

Greenpeace Unveils "Skull of Satoshi" to Spark Debate Over Bitcoin"s Environmental Impact; Creator Clarifies It "Wasn"t Meant to Be Anti-Bitcoin"


Greenpeace, the well known environmental NGO, has unveiled the “Skull of Satoshi,” an art installation intended to spark debate about the impact of Bitcoin on the environment. The 11-foot skull was constructed with electronic waste materials and features smokestacks and Bitcoin logos. However, its creator, Benjamin Von Wong, explained it was not meant to be an anti-Bitcoin symbol. Greenpeace Unveils ‘Skull of Satoshi’ Art Installation


Greenpeace, the international environmental NGO, unveiled the “Skull of Satoshi” on March 23, an 11-foot art installation destined to criticize Bitcoin’s effect on the environment. The structure, which was created by Benjamin Von Wong, has distinctive elements included to spark a debate on how destructive bitcoin mining can supposedly be.


One of these is the presence of smokestacks, which symbolize the use of fossil fuels to produce the energy that serves to operate the Bitcoin network via mining. Also, the skull has hundreds of protruding cables and bitcoin logos in its eyes. According to Greenpeace, it was created with e-waste material, to symbolize the computers used to validate Bitcoin transactions.


Greenpeace’s objective is to raise awareness of the energy consumption of Bitcoin, and how this could change via a change in the code of the cryptocurrency. Greenpeace’s Rolf Skar explained: Our skull design serves as a powerful symbol, urging financial institutions to use their influence to advocate for a code change that could reduce Bitcoin’s electricity usage by a whopping 99%. We cannot afford to expand our reliance on fossil fuels any further.


The Skull of Satoshi will next travel to New York to be part of an “accountability tour,” in which Greenpeace will try to encourage financial institutions using Bitcoin to call for a change in the code of the currency to lessen its effects on climate change. Benjamin Von Wong Making the Skull of Satoshi. Source: vonwong.com Benjamin Von Wong Clarifies His Intention


Benjamin Von Wong, the maker of the Skull of Satoshi, took his opinions to Twitter, clarifying his true intentions with the construction of the installation. The installation, which was commissioned by Greenpeace, was created with a simplistic idea of Bitcoin, Von Wong explained in a Twitter thread on March 25. He stated: I made the Skull believing that Bitcoin Mining was a simple black-and-white issue. I’ve spent my entire career trying to reduce real-world physical waste, and PoW felt intuitively wasteful. Of course, I was wrong.


Furthermore, Von Wong declared that the sculpture was never meant to be anti-Bitcoin, but part of his “optimistic hope that Bitcoin could shift away from the needless burning of fossil fuels without losing all the other features that make Bitcoin safe, secure, and decentralized.” Tags in this story art installation, Benjamin Von Wong, Bitcoin, change the code, greenpeace, mining, Proof of Work, Proof-of-Stake, skull of satoshi, tour


What do you think about the Skull of Satoshi and Greenpeace’s campaign to change Bitcoin’s code? Tell us in the comments section below. Sergio Goschenko


Sergio is a cryptocurrency journalist based in Venezuela. He describes himself as late to the game, entering the cryptosphere when the price rise happened during December 2017. Having a computer engineering background, living in Venezuela, and being impacted by the cryptocurrency boom at a social level, he offers a different point of view about crypto success and how it helps the unbanked and underserved. Report: Terra Co-Founder Do Kwon Plans to Appeal Detention Extension After Arrest in Montenegro NEWS | 5 hours ago US Government Remains a Top Bitcoin Holder With Seized Stash Valued at $5.6 Billion NEWS | 7 hours ago


Image Credits: Shutterstock, Pixabay, Wiki Commons, Benjamin Von Wong Previous articleReport: Terra Co-Founder Do Kwon Plans to Appeal Detention Extension After Arrest in Montenegro Next articleArrested Bitzlato Exchange Founder Seeks Help From Crypto Community Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Read disclaimerShow comments More Popular NewsIn Case You Missed ItCentral Bank of Brazil Confirms It Will Run a Pilot Test for Its CBDC This Year


The Central Bank of Brazil has confirmed that the institution will run a pilot test regarding the implementation of its proposed central bank digital currency (CBDC), the digital real. Roberto Campos Neto, president of the bank, also stated that this ... read more.Argentinian Securities Regulator Launches Innovation Hub to Discuss Regulated Crypto Investments Privacy-Centric Monero Plans for July Hard Fork, Plans Include Ring Signature, Bulletproof Upgrade Australia to List Bitcoin ETF After 4 Clearinghouse Participants Commit to Meet Stringent Margin Terms Microbt Reveals Latest Bitcoin Mining Rigs — Machines Produce up to 126 TH/s With Custom 5nm Chip Design

News Feed

Polygon-Based Decentralized Exchange Quickswap Loses $220K in Flash Loan Exploit
Polygon-Based Decentralized Exchange Quickswap Loses $220K in Flash Loan Exploit On Monday, the Polygon-based decentralized exchange (dex) Quickswap lost $220K in a flash loan expl
Onchain Data Suggests Bitcoin Sell-Off Fueled by New Investors
Onchain Data Suggests Bitcoin Sell-Off Fueled by New Investors While the covid-19 outbreak has caused economic calamity, cryptocurrencies have regained some of the losses that de
Bithumb Global Launches Native Token for Exchange Ecosystem
Bithumb Global has launched a native coin for Bithumb Chain, the exchange’s custom blockchain. Launched under the “BT” ticker, Bithumb Coin will work as a medium of exchange f
Arbitrum DAO boosts ARB utility with staking and governance upgrades
Amaka Nwaokocha1 hour agoArbitrum DAO boosts ARB utility with staking and governance upgradesThe DAO bolstered its framework and community by enabling ARB staking and enhancing token utility and security.689 Total views2
41% of top ZK airdrop wallets have already sold everything — Nansen
Jesse Coghlan3 hours ago41% of top ZK airdrop wallets have already sold everything — NansenThe data covered the “top 10,000 addresses” that received zkSync’s new ZK token, though that only makes up 1.4% of the t
Bitwise CIO says BTC ETFs are huge success and 13F filings make him ‘incredibly bullish’
Nancy Lubale3 hours agoBitwise CIO says BTC ETFs are huge success and 13F filings make him ‘incredibly bullish’Bitwise CIO Matt Hougan says this week"s 13F filings prove that the spot Bitcoin ETFs were a “huge succ
Bexplus Offers 100x Leverage Crypto Trading and Doubles Your Deposit
Bexplus Offers 100x Leverage Crypto Trading and Doubles Your Deposit press release PRESS RELEASE.To help traders earn more cryptocurrency, leading crypto derivatives exchange Bexplu
Snoop Dogg, Deadmau5 and NFTs — The Sandbox Alpha Game Review
Snoop Dogg, Deadmau5 and NFTs — The Sandbox Alpha Game Review I came to the Sandbox Alpha for the musical experiences of Snoop Dogg and Deadmau5. It was awesome dancing with my v
Alice Ivey10 hours agoWhat are large language models, and how to deploy them?Explore the world of large language models and AI wonders designed to comprehend and generate human-like text.410 Total views13 Total sharesLis
Ana Paula Pereira6 hours agoBlockchain adoption continues unabated — Bloomberg analystBlockchain adoption has been "unabated" throughout bull and bear markets over the past years, says Bloomberg analyst Jamie
Bybit receives VASP, card operator registration in Argentina
Derek Andersen6 hours agoBybit receives VASP, card operator registration in ArgentinaBybit’s registration as a virtual asset service provider was made possible by a law passed in July.396 Total views6 Total sharesListe
Tom Blackstone4 hours agoStake hack of $41M was performed by North Korean group: FBIAfter investigating, the FBI concluded that the hack of crypto gambling site Stake was carried out by North Korean hackers Lazarus Group