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News March 30, 2022

Ripple co-founder responds to questions: I hold BTC and hope it will be successful in the future

Ripple co-founder responds to questions: I hold BTC and hope it will be successful in the future

Ripple co-founder Chris Larsen responded to the community’s questioning of its desire to ban Bitcoin, saying that this is the exact opposite of what I’m advocating. I hold BTC and I hope it will be successful in the future, what is happening is realistic, the energy usage of BTC is an outlier when ETH completes the (consensus mechanism) switch.

Large institutions that provide liquidity at scale have climate commitments, Gen Z is concerned about climate, and I believe the long-term goal of updating the code to a low-energy verification method and even incentivizing miners to avoid carbon consumption will greatly strengthen BTC.

As previously reported, Chris Larsen has partnered with Greenpeace USA to launch a $5 million ad campaign targeting changes to Bitcoin’s energy-consuming mechanism, an initiative that has drawn heavy criticism from the Bitcoin community.

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