Bitcoin Forum

https://www.forbes.com/sites/billybambrough/2021/06/12/twitter-ceo-jack-dorsey-reveals-surprise-bitcoin-plan-after-elon-musk-sparked-crypto-price-chaos-with-ethereum-and-dogecoin-support/amp/

In that article Jack Dorsey promotes Bitcoin as long-term world currency.  Even hints at a social media platform (with no names) being the first to include Bitcoin as part of its platform.

Jack Dorsey is one of the popular people that are into Bitcoin.
It's become normal now that Jack Dorsey keeps promoting Bitcoin, he even went to Bitcoin Conference in Miami recently.

And in Twitter, you can see a lot of crypto people there compared to other social media, which extremely good social media that is not strict when it comes to cryptocurrency.

Ain't anything new, really. Jack Dorsey has been a public advocate of Bitcoin for like years now.

Hmm. I wonder which social media site, Jack, a CEO of a social media platform, is referring to. 🤔

^Jokes aside, it could also be Bluesky. https://www.theverge.com/2021/1/21/22242718/twitter-bluesky-decentralized-social-media-team-project-update

It's good news. Twitter still is being used a lot. Maybe allowing crypto ads and advertisers to pay BTC.

He didn't consider a good time to announce this. It probably will show how influential he could be if he did this during the bull run. It would make people believe he has something to do with the market rising. The Influencial persons had already announced their support to BTC before Dorsey so it doesn't make a big difference anymore, it only looks like he is a follower.

I totally agree with you, I've seen a LOT of Twitter; sub categories & Topics about BTC & crypto in general. Even the "who to follow" category will be filled with crypto related pages once you did a search on crypto...

He has also announced about making another hardware wallet.

--> https://www.cnbc.com/2021/06/04/square-ceo-dorsey-says-company-considering-a-hardware-bitcoin-wallet.html

He is yet another individual with "influence" that is trying to gain some popularity in the cryptocurrency space, similar to what Elon Musk did and then benefit from that popularity. He has already started with the new "hardware wallet" project that he'll be definitely selling to make money!
The only question that matter is if this guy is also going to pull a Musk on the market maybe with another shitcoin instead of Doge and whether people are going to follow...

I get that it ain't bad to be skeptical, but I really wouldn't put Jack Dorsey and Elon Musk in the same category. You're right about Elon, but Jack has been a Bitcoiner for a while now. He may or may not have the sort of "OG" status of some older Bitcoiners, but he didn't just suddenly appear out of no-where and started going at Bitcoin like Elon did.

https://www.wired.com/2014/09/square-bitcoin/
https://news.coinsquare.com/digital-currency/jack-dorsey-square-cash/
https://www.businessinsider.com.au/jack-dorsey-bitcoin-will-become-the-worlds-single-currency-2018-3

That guys is very popular when it comes cyrpto currency, now he's speaking up.. For sure he's against to those who keep spreading false information about bitcoin wherein despite of situation, actually this week seems there are some people right now sharing good news and adaption when it comes bitcoin.. So this is really a good news for everyone in my own opinion especially those who have been stuck for how many weeks because of massive decline and hopefully there are some good news that can lift up bitcoin after all..

Jack Dorsey has supported BTC for sometime now as some of the posters above mentioned which is why this isn't anything surprising. Integrating the LN into Twitter or Blue sky is beneficial for the crypto market in the long-term.

I don't think he will change his opinion suddenly like Musk since he is a genuine BTC supporter. It's great to see the LN receive some love in this manner.

That's now something new and I'm not surprised to see Jack Dorsey speaking up positively about bitcoin. Doesn't matter if the market is bullish or bearish or the government release some negative fundamental news about bitcoin, Dorsey is smart enough to be a bitcoin billionaire. Since he is the CEO of twitter, you can see how twitter is contributing with crypto. Here but people and twitter are taking advantage, a win win plan. I can see a shiny future for twitter and Dorsey because they never try to escape from the new technology or suspend it but they accept it and try to work with it.

Just as Elon Musk started to speak up at some point, got everyone hooked and then started to "musk" the Market, lol. Lets hope Jack Dorsey is not trying to follow in same pattern, because we are still in recovery from the musk effect.

The money Elon Musk made alone from BTC is enough to entice anyone who is his class to try and make his own profits if he/she sees a possibility that they can influence the market as well over time.

This is really good news. As being Twitter's founder, Jack Dorsey can create a really good effect on people. "World currency" seems like a bit assertive phrase.  ;D  But this kind of statements can help Bitcoin really nicely.

No surprise that Jack has spoken about this, he is very bullish on bitcoin.

He even travel to Africa as far as I can remember in 2019 to promote bitcoin as he has been building something on that continent for quite some time time. And remember that he is the CEO of Square (https://en.wikipedia.org/wiki/Square,_Inc.). Now it's time for LN to take centerstage.

All sounds good so far, but let's not depend too much on a billionaire. These billionaires will swing their mind depending on the ROI or their social presence. When are we going to learn not to give too much credits to a single person for an invention that running buy millions of people?

In blockchain, we trust. Trusting a person is too old for us bitcoiners.

Jack is just one individual among many billionaires that have come out publicly to adopt bitcoin in recent times. This move has helped bitcoin to gain a wide range of adoption and price increase recently.

Dude, not really new news. Dorsey already did his "duty" about Twitter and a blockchain-based payment service on it. Almost a year ago or some. Didn't really move markets then. Twitter Dorsey and Bitcoin are already a thing I guess. Even Having BTC emojis didn't do nearly as much as Musk-esque promos. That's okay though. We can all live with it.

Like others have mentioned, there's nothing new about Jack Dorsey being pro-crypto. Unlike Elon Musk, Jack has been pro-Bitcoin for years. He owns some, tested the Lightning Network, and has a company that allows crypto trading. But announcing the integration of BTC payments to a social network is good news anyway. Although if it's for Bluesky, it's unclear whether the network itself will be a success, so perhaps an unpopular network accepting crypto payments won't be a big deal. And it seems that it's not so much about Bitcoin as it is about the Lightning Network, so that narrows down the user base as well.

He is long term btc supporter and always made positive comments about it.I think the platform he is taking about is twitter because in one statement he has said that he will incorporate Bitcoin lightning network layer 2 for micro payments on twitter while chatting with encrypted messenger Sphinx Chat.He is running Bitcoin node as tweeted by him,donating bitcoins, setting up billion dollar projects in partnership with rapper Jay Z and some others.Moreover his company Square Inc. has invested in around 4500 Bitcoins and planning on to build hardware wallets for Bitcoin and some others.He also wants profits no doubt but we all want that and it's good that he is big supporter of Bitcoin unlike Elon Musk who just shifted from his statement in matter of time manipulating the market.Still see what his next move.

The fact is that some of these billionaires have the ability to single-handedly help propel BTC and majority of the crypto market in the upward or downward direction.

Many crypto investors like me hope that they push the market in the upward direction through their own styles of marketing even if they have ulterior motives(Eg: Musk) due to the long-term prospects.

I think not just him but many other influential people are into Bitcoins these days. Some might show and some might not and at the end of the day I believe it's amazing. At least he is one of the people who actually cares about Bitcoins and are not just in because they want to exit after making profits like Elon Musk..


Price increase should not be the first moto I believe since this does not last long and at the end fails drastically when people starts exiting out after gaining a lot. Price gain is also making the whole system Volatile. Slow price gain on the other hand might be stable and would attract more people.
( Would be closer towards a one world 🌍 currency)

Good news, though it's nothing new, because I have known him for long now as a supporter of Bitcoin. He has been showing support for Bitcoin even before I got to know about Elon Musk supporting Bitcoin. So it is nothing new at all. And I don't think he's going to stop supporting Bitcoin, because he's a totally different type of person.

I see him as a type of person that likes to support freedom. I have seen him support a lot of people who are fighting for freedom, like his support for countries that are passing through difficulties, such as Nigeria, as of recently he has been showing them his support. As for Elon Musk, he just came to make money from the cryptocurrency community.

This is very true. We can't ignore their presence in this market, because let us admit that somehow they have some influence, like with Jack Dorsey, he is giving positive mantra to the crypto community. But of course, at the end of the day, you should take care of your own business. They may help in alleviating the price in the market, but it is your own disposition how you can take advantage of the market.

The noobs are everywhere in crypto. Look at the price now after hearing this rumour that Tesla will accept bitcoin if miners go green at least 50% of so. Even after knowing all the evil still people in the crypto space reacts to the tweets/words that comes from these billionaires. Who knows in which direction the market will move but when you enter and exit in a market based on the tweets you hear from the billionaires, you are not doing it right.

Jack Patrick Dorsey is an American web developer and entrepreneur best known as the creator of Twitter and the founder and CEO of Square, a mobile payment service, as one of the people behind bitcoin, his presence in tweets that are great for the crypto world is very helpful and can silence some issues and articles that seem as if the media is cornering bitcoin and I hope he always gives positive tweets when there is a bitcoin polemic which is mostly caused by irresponsible media who are only looking for profit from the issue

Lot's of similarity really

MUSK is paypal

Dorsey is 'square' aka electronic payments, Musk got rich on electronic payments then built cars&rockets, Dorsey got rich on social-media so he could start an electronic payment company; Musk has moved away from electronic-fiat, and dorsey is getting more involved.

Then just this week also Trumpy came out & called btc a 'scam', so you have a three-fer of luv-boyz;

I agree that Dorsey hasn't spoke-up, heck even Zuckerturd has 'diem' his electronic fiat, so that's a four-fer, Trump of course pushes the dying, but good old 'buck'; He has a his base U know.

All your luv-boyz, are hard-on for some kind of future fiat, Trump of course will 'embrace' crypto once it has the full USA backing 'green light'; Perhaps USD-CBDC, ... we just don't know, they haven't told us, everybody knows the FED is working on Crypto, and certainly Trump bashing BTC was his way of working the crowds towards more 'american bitcoin'


The real issue is who sits at the toll-gate and collects 1% of every transaction? That's always been real basis of motivation here, to get a cut on every transaction on earth, even while your sleeping.

Could we say that Jack Dorsey is the reason for this 40k bounce of BTC?

@btc-room101  Thanks for pointing that he also have a electrnic payment system like paypal so the company might have to do something with this rise. Very similar to Elon really so he jumped in and you think he will also spread fud later?

Maybe yes, but maybe there is a reason why bitcoin gets pump to $40k. But no matter what the reason is, I am glad to see bitcoin is up to the current price. By that tweet, I hope people will know that bitcoin is a long-term investment and no need to worry about any bad news that will comes later. But still, Jack Dorsey gives good news for bitcoiners and makes them still believe in bitcoin, although some are still not convinced with bitcoin.

I only hope Elon does not give any statement that can confuse or panic so that can help bitcoin to break the high price and get another rally.

Bull crap!

An extreme left-wing nut like Jack Dorsey will do more harm to Bitcoin than good. He is a proponent of socialism and wealth redistribution. It is just a matter of time, before he claims that women and minorities are not represented among the Bitcoin holders and the core team should do affirmative action in terms of airdrops for these demographic groups. The recent increase in Bitcoin prices ($31,000 to $40,000) was solely due to the support from El Salvador president Nayib Bukele. Now don't sideline Bukele, by mentioning Bitcoin haters such as Dorsey.

I don't know if it's real but many people says this telegram channel https://t.me/JackDorseyCoins is really owned by him. I'm following that telegram channel for a while now and he is promoting some shitcoin. If he reach the level of Elon Musk, promoting such shitcoins is not good for the crypto community. I can't find any social media account of him to verify if he does really own that channel. It currently has 28k followers and keeps increasing when the shitcoin promoted in that channel pumped a lot.

Being the CEO of both Twitter and Square, we can gladly say that Dorsey has become an avid supporter of our community. He doesn't do spammy tweets like Musk but won't hesitate to stand up for the cause.

https://www.protocol.com/newsletters/protocol-fintech/warren-versus-dorsey-bitcoin?
The recent spat between him and Warren might be a good example of it. Warren was not able to reply to his arguments, looks like the politicians don't want to understand the technology.

jack Dorsey is a big advocate of Bitcoin today...

he has a lot of projects that he is working on which of course are related to Bitcoin there is even news saying that he is working on a Bitcoin wallet. I'm guessing, surely the social media that Jack meant was his social media. Twitter is the world's largest crypto-friendly social media today.

Whatever man, Jack is one of the many billionaires that have realized the importance of bitcoin in our modern civilization and how bitcoin has helped to improve our General wellbeing and financial freedom. In the future, we are going to witness massive adoption of bitcoin into several platforms.

The sad part is: Dorsey has been into Bitcoin for a long time and expressed support and a positive attitude towards it, but I don't see so much hype and price volatility caused by him, as it was by..well, we all know who. How crazy is that? Dorsey, the co-founder of Twitter has less impact on the masses than the guy that just posts manipulative bs in there.

He has always maintained a pro-bitcoin discourse, has personal bitcoin investments in his companies and has partnered with other celebrities in cryptocurrency-related businesses.


This guy is always active with bitcoin not only with words but with deeds.