• Greenpeace, the environmental NGO, unveiled an 11-foot art installation called the „Skull of Satoshi“ to debate Bitcoin’s environmental impact.
• The skull was constructed with electronic waste materials and features smokestacks and Bitcoin logos.
• The creator of the installation, Benjamin Von Wong, clarified that it wasn’t meant to be anti-Bitcoin.
Greenpeace Unveils ‚Skull of Satoshi‘
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.
Purpose of ‚Skull of Satoshi‘
The purpose of this art installation is to raise awareness about how energy consumption from Bitcoin mining can be drastically reduced if a change in code is made. Rolf Skar from Greenpeace 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 as 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 Clarifies Intention
Benjamin Von Wong, who created the Skull of Satoshi, took his opinions to Twitter clarifying his true intentions behind creating this art project. He stated that he made it believing that Bitcoin Mining was a simplified concept and he wanted people who weren’t familiar with cryptocurrencies or blockchain technology understand better what they are doing when they mine bitcoin or use it as payment method.
To conclude, Greenpeace aims is encourage people using bitcoin and cryptocurrency institutions alike call for a code change so that it can reduce electricity consumption significantly instead expanding our reliance on fossil fuels even further.