Stripe Crypto
It&#x27;s very strange seeing the option near the bottom of the page to donate a fraction of your revenue from Stripe Crypto to carbon recapture efforts. I agree with Stripe that, at this point, the solution to our climate problems must include carbon recapture, but it&#x27;s not an ideal situation to be in.<p>Businesses entering the crypto space always seem to tout carbon offsets and sidechains that use less energy, but offsets are insufficient, and NFTs minted on sidechains inevitably migrate to Mainnet, where they&#x27;re just as environmentally destructive as any other NFT, or they fail.<p>Stripe&#x27;s carbon recapture efforts seem to be in the same category. Recapture is good, but not nearly as good as not emitting the carbon in the first place. If Stripe&#x27;s support of crypto increases the use of blockchains, the overall impact of extra carbon emissions could very easily outpace all the carbon recapture they&#x27;ll ever achieve.<p>It&#x27;s a shame. When Stripe announced their carbon recapture efforts, I was impressed by how sincere they seemed in finding solutions to climate problems. Next to Stripe Crypto, however, it appears to just be greenwashing.<p>(And to head off the replies, I know all about proof-of-stake, but it&#x27;s not relevant here. I&#x27;m unconvinced it will work, and even if it does, the ecological damage done and being done in the meantime is massive. If Stripe really cared about carbon emissions, they&#x27;d wait to launch Stripe Crpyto only on proof-of-stake blockchains, and only after they proved that the energy usage at scale was similar to the energy use for transferring fiat currency.)