Bitcoin is key to the future of Twitter, Jack Dorsey says

[Charles-Tim]

I am very happy to see people that support Bitcoin, I have been reading lately about the Twitter CEO, Jack Dorsey. Not more than few days ago that Jack Dorsey said Square is building a new division that will focus on building decentralized finance (DeFi) services that utilize the Bitcoin network. He believes in Bitcoin and how it can be the native coin of Twitter.

Referring to Bitcoin as a native currency of the internet, Dorsey described opportunities to integrate BTC into existing Twitter services including commerce, subscriptions and new features such as Twitter Tip Jar and Super Follows.

The CEO explained to investors that a lot of Bitcoin-enabled innovation is “above just currency to be had,” as Twitter is committed to decentralize social media and provide more economic incentives. He noted that Bitcoin is one of three key trends for Twitter’s future alongside artificial intelligence and decentralization. “I think it’s hugely important to Twitter and to Twitter shareholders that we continue to look at the space and invest aggressively in it,” he said.

Dorsey emphasized that Twitter is not alone in its commitment to crypto, citing aggressive digital currency development by social media giant Facebook, which expects to pilot its Diem cryptocurrency later this year. But unlike Facebook, Twitter will one day focus on BTC as a native internet open standard. Dorsey stated:

“There’s an obvious need for this and appreciation for it. And I think that an open standard that’s native to the internet is the right way to go, which is why my focus and our focus eventually will be on Bitcoin.”

This is one of the man in the world that believe in decentralization and appreciative design of Bitcoin.

[dothebeats]

Jack has been known to be one of those people who are advocating for bitcoin and other cryptocurrencies to be recognized as something valuable. It wouldn't really surprise me anymore that he'd be very vocal on his positive view on bitcoin. What's surprising is that he continues to sway other elite people's view on bitcoin and convert their views into something positive for bitcoin. Also, he envisions the future of his companies alongside bitcoin and crypto. Not every CEO has the courage to boldly support something as volatile as bitcoin, especially if investors' money is on the line.

[Marvelman]

I read somewhere today that a social media company has plans to jump on the digital currency bandwagon. I thought it was fake news at first, but it seems to be true.
This could really help Bitcoin gain a wider acceptance.

[sunsilk]

Jack is one with us and known as one of the market leaders in technology that believes in bitcoin. He has also talked with Elon lately and I guess that it made a positive result.

This guy is really helping the community and bitcoin to thrive but with that, he's also making his move to be beneficial to his own company so it's a win-win for everyone.

[Clavulanic]

This guy has a futuristic beliefs that btc would soon become the most valuable assets worldwide, which potential be worthy more than any wealth or physical assets. He's one of a popular and famous person like Elon Musk who got most attention from public, because of their biggest influence in business. No wonder why they really got most praises in twitter and other social media platforms.

[CaVO32]

Jack is one with us and known as one of the market leaders in technology that believes in bitcoin. He has also talked with Elon lately and I guess that it made a positive result.

This guy is really helping the community and bitcoin to thrive but with that, he's also making his move to be beneficial to his own company so it's a win-win for everyone.

It is really nice to see influential people supporting the crypto market. If he believes in bitcoin, it means he already saw the potential of crypto in this digital age. Twitter is one of the social media with most users around the globe, so if in case twitter will integrate crypto in their system, that would be a big boost in the market. Hoping to see further developments on how they will integrate crypto in their platform.

[ROSERTY]

He supported Bitcoin as an influential public figure, saying that Bitcoin changed everything. Many people will be influenced by him to change their views on Bitcoin and begin to study investing in Bitcoin to make Bitcoin more widely accepted. Bitcoin will become the most valuable currency in the future, it can further promote the development of decentralization and create world peace by improving the basic level of society.

[Kong Hey Pakboy]

Yeah, we are happy until we aren't. What I mean by that is that some people said it too back then when Elon was vocal about his company's acquisition of billions of worth of bitcoin back then and then suddenly suspending the payment option and saying that mining isn't good for the environment.

[jaysabi]

Yeah, we are happy until we aren't. What I mean by that is that some people said it too back then when Elon was vocal about his company's acquisition of billions of worth of bitcoin back then and then suddenly suspending the payment option and saying that mining isn't good for the environment.

The difference is Elon is a whackadoo and flip flops on a lot of stuff and Dorsey has been very consistent.  Elon also is mostly just talk (and doing so for attention) but hasn't done really anything concrete to advance crypto, except say Tesla would accept bitcoin before canceling that.  Dorsey's Square has actually integrated bitcoin into the Cash app and has made tangible contributions to bitcoin adoption.  These two are almost polar opposites on crypto.  Elon talks about it because he wants attention, Dorsey actually builds things that have value.

[Kittygalore]

He supported Bitcoin as an influential public figure, saying that Bitcoin changed everything. Many people will be influenced by him to change their views on Bitcoin and begin to study investing in Bitcoin to make Bitcoin more widely accepted. Bitcoin will become the most valuable currency in the future, it can further promote the development of decentralization and create world peace by improving the basic level of society.

Well, more than being a visionary, Jack Dorsey has a stake when the prices go up so he is saying this things, remember that a lot of influential people are talking about something if it only benefits them. A good example is a recent case where the group Faze shilled some coins which ended up with having their fans believe that the shilled coins will go up and Faze ended up pulling the rug under their very own fans.

[mk4]

Well, more than being a visionary, Jack Dorsey has a stake when the prices go up so he is saying this things, remember that a lot of influential people are talking about something if it only benefits them. A good example is a recent case where the group Faze shilled some coins which ended up with having their fans believe that the shilled coins will go up and Faze ended up pulling the rug under their very own fans.

I mean, it would make a lot less sense if Jack Dorsey or literally anyone has a good vision of anything but at the same time have zero stake in it, right? There's a huge difference between someone having an investment AND interest in something, compared to some people that only hypes up stuff temporarily.

[LogitechMouse]

The Plans of Jack Dorsey and Elon Musk are completely different.
Dorsey's plans are for the future and its always positive while on the other hand, Musk's decisions are just for the profits that he can gets by hyping a memecoin like DOGE.

Dorsey is the kind of influencer that we want too. An influencer that isn't thinking of himself but he thinks of the community as a whole. An influencer that isn't investing or helping to advocate crypto just because of profits. On the other hand though, I hope that he will not be like Elon Musk one time that he will spread negativity on the community that can make the market drop significantly again. We need more advocates like him.

[Kong Hey Pakboy]

Yeah, we are happy until we aren't. What I mean by that is that some people said it too back then when Elon was vocal about his company's acquisition of billions of worth of bitcoin back then and then suddenly suspending the payment option and saying that mining isn't good for the environment.

The difference is Elon is a whackadoo and flip flops on a lot of stuff and Dorsey has been very consistent.  Elon also is mostly just talk (and doing so for attention) but hasn't done really anything concrete to advance crypto, except say Tesla would accept bitcoin before canceling that.  Dorsey's Square has actually integrated bitcoin into the Cash app and has made tangible contributions to bitcoin adoption.  These two are almost polar opposites on crypto.  Elon talks about it because he wants attention, Dorsey actually builds things that have value.

I hope that you will prove me wrong because these billionaires and businessesmen supporting bitcoin and other cryptocurrencies have a good track record of being a manipulator, I mean look at Elon, you may say that he is crazy but he is smart he was supportive of bitcoin until he pulled a rug under on many of the people.

[zanezane]

That's a lot of words being burdened to bitcoin in my opinion, because being a key to the future means that it has to do a lot of things besides what it can do right now. I think we have to be careful about believing what Dorsey's saying because we never know what's the end game for this man and I am betting it's vastly different to the majority of us.

[Kittygalore]

~

I mean, it would make a lot less sense if Jack Dorsey or literally anyone has a good vision of anything but at the same time have zero stake in it, right? There's a huge difference between someone having an investment AND interest in something, compared to some people that only hypes up stuff temporarily.

I am not saying that they have to be a saint that supports without any selfish interest, but the problem is that we have to be watchful because we know how these people move and we have seen it with Elon's manipulation.

[oHnK]

Bitcoin is one of creativity for the future, from barter to fiat and now we all know that the government start to make some policies to decrease cash activities in atm. Behind this, they campaign e money, mbanking to the society and they can be easier to handle and remote our money. Now, when the time for paying salary, in the atm is often there is no money so make some people decide to use mbanking. This is how bad the way of the government to handle our wealth, then Bitcoin become our solution for controlling our own money freely.

[Fesatmas]

Referring to Bitcoin as a native currency of the internet, Dorsey described opportunities to integrate BTC into existing Twitter services including commerce, subscriptions and new features such as Twitter Tip Jar and Super Follows.

The CEO explained to investors that a lot of Bitcoin-enabled innovation is “above just currency to be had,” as Twitter is committed to decentralize social media and provide more economic incentives. He noted that Bitcoin is one of three key trends for Twitter’s future alongside artificial intelligence and decentralization. “I think it’s hugely important to Twitter and to Twitter shareholders that we continue to look at the space and invest aggressively in it,” he said.

Dorsey emphasized that Twitter is not alone in its commitment to crypto, citing aggressive digital currency development by social media giant Facebook, which expects to pilot its Diem cryptocurrency later this year. But unlike Facebook, Twitter will one day focus on BTC as a native internet open standard. Dorsey stated:

“There’s an obvious need for this and appreciation for it. And I think that an open standard that’s native to the internet is the right way to go, which is why my focus and our focus eventually will be on Bitcoin.”

who else will recognize Bitcoin? Isn't it very clear that everyone and officials recognize Bitcoin as one of those internet currencies where no one can be a competitor to Bitcoin?
We are quite happy with Jack Dorsey's statement, because maybe in the future Twitter will charge Bitcoin payments. would be awesome wouldn't it? we are in a growing tide of adoption into the digital sector, and smart people have made a confession. So it would be ridiculous, if outside there are still people who reject the existence of Bitcoin as one of the number 1 digital currencies in the world. world?
if I ask which digital money can compete with Bitcoin? 1000% no one can answer and will be silent!!!

[NeuroticFish]

Jack Dorsey is simply pushing his main investments - Twitter and Bitcoin -, I see nothing odd here.
He believes in both hence he has his money in both.
He tells it loudly since it's in his own interest too.
Making them work together was just a new step in a direction that's basically expected.

It's clearly good news. But I would not just open a champagne because of that 

[Tumanggor]

~

I really respect jack dorsey, he is really a consistent person
different from Elon Musk who likes controversy and makes a scene in his tweets

I am optimistic that his "square" company will be successful and used by many people
good luck jack, I hope you always spread the spirit of decentralization

[BIT-BENDER]

Many good sides to jack Dorsey, he is a philanthropist and now an enthusiast of Bitcoin and crypto-currency. I wont compare jack dorsey with any other billionaires, social media creators, influencers and more, but I think he is real about Bitcoin future, and if he thinks it can also be in twitters future then, I think the future is one to see, not that I leave things to the future, but I think jack Dorsey is not all talk, he must have board meetings, share holders meeting, and also technical team meetings to see how twitter and Bitcoin future works together.

[BlackHatCoiner]

Jack is a rich man and any rich man can be resembled to a “super villain”.

It's a matter of time until he uses his social network to manipulate the market for his own benefit. It is completely justifiable for a billionaire to make such moves; how'd he remain a billionaire anyway? Yes, he may seem innocent now, but it won't take long for him to reveal his other self.

I'm just quoting some wise, Sophocles', words.

“There's nothing in the world so demoralizing as money.”

[just_Alice]

It’s so unusual to see large company owners supporting decentralization. I think implementing Bitcoin as a currency on Twitter might be the biggest step towards adoption as of today. I bet we will see Twitter being alongside cryptocurrency way earlier than the same will happen with Facebook. Somehow I trust Dorsey on this, while Zuckerberg’s intentions aren’t that clear.

[ziennakarishma21]

yes , I think this is true BTC is the key technology of the future, now a lot of people support BTC, not only that BTC is becoming more and more popular and more people know this is a matter of course in the near future stop.

[Dragonfund]

An average person knows that bitcoin can be integrated into any company especially the IT industries, but what if bitcoin doesn't really move like it does? Perhaps it's fundamentally decentralized but functionality as stock market where you hardly see moves.
In crypto market, bitcoin can do +20% within a day and there is absolutely no one that will question that and may like not make big news headlines.
However, if Dow or S&P500 makes 10% in 24hours, it will sound like the world has seen a big fortune.
I'm curious if they will adopt bitcoin with stock functionality but the gain has welcomed everyone on board with Cryptocurrency.

[AverageGlabella]

I read somewhere today that a social media company has plans to jump on the digital currency bandwagon. I thought it was fake news at first, but it seems to be true.
This could really help Bitcoin gain a wider acceptance.

Social media is the best tool for marketing in the modern day and I think any news coming out about social medias accepting or promoting Bitcoin can only help with the adoption. I think that social medias using cryptocurrencies to pay for things on their platform would be the biggest and most positive news we have ever had involving Bitcoin.

[jaysabi]

Yeah, we are happy until we aren't. What I mean by that is that some people said it too back then when Elon was vocal about his company's acquisition of billions of worth of bitcoin back then and then suddenly suspending the payment option and saying that mining isn't good for the environment.

The difference is Elon is a whackadoo and flip flops on a lot of stuff and Dorsey has been very consistent.  Elon also is mostly just talk (and doing so for attention) but hasn't done really anything concrete to advance crypto, except say Tesla would accept bitcoin before canceling that.  Dorsey's Square has actually integrated bitcoin into the Cash app and has made tangible contributions to bitcoin adoption.  These two are almost polar opposites on crypto.  Elon talks about it because he wants attention, Dorsey actually builds things that have value.

I hope that you will prove me wrong because these billionaires and businessesmen supporting bitcoin and other cryptocurrencies have a good track record of being a manipulator, I mean look at Elon, you may say that he is crazy but he is smart he was supportive of bitcoin until he pulled a rug under on many of the people.

If you're talking about Jack Dorsey, then just look at what he's done.  He's integrated bitcoin directly into the Cash App, which is one of the largest consumer and business cash transfer apps in the country, and it's expected to become much more of a hub to both consumers and small businesses.  He's also working on integrating bitcoin directly into Twitter, so imagine being able to send tips in bitcoin for certain tweets and stuff like that.  These are things that have real value.

[fiulpro]

I do believe that we do not have to wait for anyone to realize that bitcoins is something that is going to be used in the future. We have a lot of problems with the fiat system and therefore we have to improve it.. bitcoins on the other hand is something that can be used to improve the shortcomings of fiat system.

yes , I think this is true BTC is the key technology of the future, now a lot of people support BTC, not only that BTC is becoming more and more popular and more people know this is a matter of course in the near future stop.

I do think that not just bitcoins but other cryptocurrencies like Ethereum are going to be very popular in the upcoming time. Colleges are adding crypto projects into their curriculum already people are being employed on basis of their crypto knowledge. The future is for sure bright but it also depends on how far the government lets us take it.

[GeorgeJohn]

It’s so unusual to see large company owners supporting decentralization. I think implementing Bitcoin as a currency on Twitter might be the biggest step towards adoption as of today. I bet we will see Twitter being alongside cryptocurrency way earlier than the same will happen with Facebook. Somehow I trust Dorsey on this, while Zuckerberg’s intentions aren’t that clear.

You know that if big men across the countries is exactly hundred percent (%100) or approximately seventy percent (%70) with assurance ninty nine percent (%99)  of them is against the development and how influential cryptocurrency is getting into, using Elon musk as a case study, asking ourselves what is the major factor why Elon is fighting to the downfall of cryptocurrency, what exactly do we think is the benefi of elon to do that?... The answer is unknown... Because no one knows the reason intensively, currently it's only few of rich people that embrace the usefulness of cryptocurrency especially bitcoin, now that JACK DORSEY have come for rescue of cryptocurrency, i think other people will emerg also.

[Gyfts]

I thought we stopped trusting these billionaires for their takes on cryptocurrency, especially after the fiasco with Elon Musk. These people made billions off traditional institutions and traditional currencies, I’m not interested on their useless commentary. Dorsey should fix his social media platform and promote free speech first, then maybe I’d take his opinion serious

[AniviaBtc]

As people are reading a lot of news or articles about bitcoin and other crypto in the market, Twitter is taking advantage of it.

Jack Dorsey is really an opportunist in that part where bitcoin can really hype twitter and the market at the same time.

Bitcoin is the future of Twitter and by that many cryptocurrencies will surely exist sooner or later.

[Silberman]

Jack is one with us and known as one of the market leaders in technology that believes in bitcoin. He has also talked with Elon lately and I guess that it made a positive result.

This guy is really helping the community and bitcoin to thrive but with that, he's also making his move to be beneficial to his own company so it's a win-win for everyone.

It is obvious that he is doing this to improve the standing of his company, no one likes to lose and it seems he thinks that bitcoin can become successful and he wants to be part of it, at least his posture is way better than the one we saw from Facebook which instead tried to make their own coin and failed, however I am not so sure that one of the companies that is doing everything to get your data can be trusted to develop something that is truly decentralized.

[sunsilk]

Jack is one with us and known as one of the market leaders in technology that believes in bitcoin. He has also talked with Elon lately and I guess that it made a positive result.

This guy is really helping the community and bitcoin to thrive but with that, he's also making his move to be beneficial to his own company so it's a win-win for everyone.

It is really nice to see influential people supporting the crypto market. If he believes in bitcoin, it means he already saw the potential of crypto in this digital age. Twitter is one of the social media with most users around the globe, so if in case twitter will integrate crypto in their system, that would be a big boost in the market. Hoping to see further developments on how they will integrate crypto in their platform.

Surely it is.

Maybe you're not yet aware of his other company that's also in crypto. His other company name is Square. It's not actually Twitter that's going to be integrated with crypto.

But he has already Square for that. And his Twitter has been a big way to scatter good news about bitcoin and as you might haven't known yet, there's bitcoin icon that he added on it.

[Coyster]

I thought we stopped trusting these billionaires for their takes on cryptocurrency, especially after the fiasco with Elon Musk. These people made billions off traditional institutions and traditional currencies, I’m not interested on their useless commentary. Dorsey should fix his social media platform and promote free speech first, then maybe I’d take his opinion serious

I second that as well, you know it's not actually bad whatever this billionaires and rich individuals say about Bitcoin or other dex cryptocurrency or in whichever way they chose to endorse it, be it even for their own benefits, after all the network is decentralized and users have freedom to use their funds how they choose and can air their ideas of the network how they want to. What is wrong is how users really take their word for it, or invest in the network in reaction to what one billionaire or the other said, investing should be as a result of ones believe in a particular network and in how sustainable they think the project is for the long term.

[kidbounty]

I am very happy to see people that support Bitcoin, I have been reading lately about the Twitter CEO, Jack Dorsey. Not more than few days ago that Jack Dorsey said Square is building a new division that will focus on building decentralized finance (DeFi) services that utilize the Bitcoin network. He believes in Bitcoin and how it can be the native coin of Twitter.

Referring to Bitcoin as a native currency of the internet, Dorsey described opportunities to integrate BTC into existing Twitter services including commerce, subscriptions and new features such as Twitter Tip Jar and Super Follows.

The CEO explained to investors that a lot of Bitcoin-enabled innovation is “above just currency to be had,” as Twitter is committed to decentralize social media and provide more economic incentives. He noted that Bitcoin is one of three key trends for Twitter’s future alongside artificial intelligence and decentralization. “I think it’s hugely important to Twitter and to Twitter shareholders that we continue to look at the space and invest aggressively in it,” he said.

Dorsey emphasized that Twitter is not alone in its commitment to crypto, citing aggressive digital currency development by social media giant Facebook, which expects to pilot its Diem cryptocurrency later this year. But unlike Facebook, Twitter will one day focus on BTC as a native internet open standard. Dorsey stated:

“There’s an obvious need for this and appreciation for it. And I think that an open standard that’s native to the internet is the right way to go, which is why my focus and our focus eventually will be on Bitcoin.”

This is one of the man in the world that believe in decentralization and appreciative design of Bitcoin.

it's not surprising the statement came out of him, because from the start he was one of the people who supported bitcoin. if indeed the project became a reality, it would have huge potential. the combination of mainstream platforms with crypto will produce something extraordinary.

[jaysabi]

I thought we stopped trusting these billionaires for their takes on cryptocurrency, especially after the fiasco with Elon Musk. These people made billions off traditional institutions and traditional currencies, I’m not interested on their useless commentary. Dorsey should fix his social media platform and promote free speech first, then maybe I’d take his opinion serious

What ever gave you the impression twitter was a free speech platform? The company built a communications platform, it gets to decide what can be said on it. It's under no obligation to host speech that violates its terms of service.

[Reid]

And I hope Mark Zuckerberg does the same. Stop that entry of using one more coin for his own profit.
He already has the money, use Bitcoin instead. There is a long list of altcoins already and we don't need another one.

jack
@jack
Like our new #Bitcoin hardware wallet, we’re going to do this completely in the open. Open roadmap, open development, and open source. @brockm is leading and building this team, and we have some ideas around the initial platform primitives we want to build.

If it's in his own profit or not it's obvious he is still a supporter, a big one. I see some hypocrites here trying to say it's just for him. Won't you do it if you have that name and Bitcoin in your stash? I will!

[magneto]

Very interesting.

Obviously Dorsey probably has something in it for himself in order for him to say this. However, I still appreciate the support.

I personally see BTC more of a store of value going into the future, although it definitely has the capacity to scale quite substantially as required. Institutional adoption and investment levels are definitely ramping up, and it's not going to stop any time soon as the new generation who are more comfortable with the idea of BTC enters their primes.

[Lucius]

I thought we stopped trusting these billionaires for their takes on cryptocurrency...

It is no secret that people respect powerful people the most, and their power comes from money, but also from very influential social networks that shape public opinion. The majority of the public will never be against such people, and an obvious example is EM and the crypto community that generally continues to support it, regardless of individuals who think negatively about it.

Perhaps the whole point is that most think it’s better to have such powerful people on our side (at least seemingly), than that they use their influence and money against Bitcoin. The fact that someone has managed to earn a fortune by trading cryptocurrencies or in any other market is still positive for most, because people are always looking for some role models in an effort to achieve something in life.

[Taskford]

Very interesting.

Obviously Dorsey probably has something in it for himself in order for him to say this. However, I still appreciate the support.

I personally see BTC more of a store of value going into the future, although it definitely has the capacity to scale quite substantially as required. Institutional adoption and investment levels are definitely ramping up, and it's not going to stop any time soon as the new generation who are more comfortable with the idea of BTC enters their primes.

I appreciate his support to bitcoin but I'm still curious if he will still support it for long  term and will not act the same with Elon Musk where after he secure his profit he start to fud which contribute the collapse of the market. Maybe its early to judge him so let the future  tell on how good he is in terms of supporting  bitcoin in the long run.

I do hope that this technology will  exist for more decades and new generation can enjoy this since most provably bitcoin could save them from office slavery.

[Vishnu.Reang]

Very interesting.

Obviously Dorsey probably has something in it for himself in order for him to say this. However, I still appreciate the support.

I personally see BTC more of a store of value going into the future, although it definitely has the capacity to scale quite substantially as required. Institutional adoption and investment levels are definitely ramping up, and it's not going to stop any time soon as the new generation who are more comfortable with the idea of BTC enters their primes.

Any asset that is protected against inflation can be used as a store of value. Whenever I make this argument, a lot of users criticize me saying that Bitcoin is too volatile to be used for that purpose. But I don't agree with this argument. Usage as a store of value doesn't mean that you need to sell your asset after 3 months or 6 months. In most of the cases, it is for the long-term. And if you check the historical prices of BTC, it can be seen that BTC has never given a negative return ever since it's creation, if held for more than 12 months.

[finaleshot2016]

I really like how Jack Dorsey endorsed crypto in the public as the CEO of a leading social platform here on the internet, unlike other platforms that ban crypto in their platform. It's very interesting since it's rare that some popular people really support cryptocurrency because some are still not aware of BTC's potential and are scared to enter crypto. This is another opportunity to make crypto grow and because of that, more people will still invest and pump the prices of all the crypto. Cryptocurrency is very popular on Twitter, it's one of the main communities being used and you can notice that a lot of analyses, airdrops, and ideas about crypto are being tweeted there.

[SquallLeonhart]

I really like how Jack Dorsey endorsed crypto in the public as the CEO of a leading social platform here on the internet, unlike other platforms that ban crypto in their platform. It's very interesting since it's rare that some popular people really support cryptocurrency because some are still not aware of BTC's potential and are scared to enter crypto. This is another opportunity to make crypto grow and because of that, more people will still invest and pump the prices of all the crypto. Cryptocurrency is very popular on Twitter, it's one of the main communities being used and you can notice that a lot of analyses, airdrops, and ideas about crypto are being tweeted there.

I remember back in the day when I tried to do a marketing on google, they banned the word "ico" for a while, and "initial coin offering" as well, it was really shameful because they could have made so much money and yes there were people who did scammed investors using ICO method, but there were so many great ones as well. Look at the top 50 of the whole crypto world, you will see many that started with the ICO system and they are now worth over north of 10 billion dollars, and for some reason google see it fit to ban something that they did? I do not get why some social medias were against it.

Twitter is the hub of crypto talk, you can see crypto accounts everywhere on twitter not only because it is easy to be there, but because people feel welcomed there when they talk about crypto instead of something they fear they may not survive long and get banned. Jack was obviously the reason for that since the start.

[dupee419]

Big companies are willing to hop in the bandwagon, it's definitely the future, Twitter and Jack Dorsey looks like to produce something amazing out of this, a feature like a Twitter tip jar or super follows does look nice, and Twitter would expand even more, one of the heavily used social media platform everyday, I can only just imagine how big this will be in the future.

[Renampun]

...

I predict this man will shine even more in the future...

he is increasingly focused on developing the lightning network now he is also focusing on developing defi on the bitcoin network. the bitcoin community will definitely continue to support its plans, we are increasingly leading to mass adoption.

[oHnK]

Am I the only one who thinks that the strengthening in the crypto market is motivated by Jack's recent conversation with EM and Cattie?  Initially BTC, which was stuck at 32k USD, slowly rose to 37K USD, and this was quite awaited by investors and traders even though their conversation could also be seen from various sides, whether it was pure without any other agenda or there was another meaning behind the conversation.

[capcaypro]

Jack Dorsey is one of the pioneers for young millennials which I think his follow-up can be imitated because he is one of the people who firmly believe that BTC will be a valuable asset in the future. he keeps telling people about this and I think the following of this guy is growing day by day because with his skills I think he will be a person who can be influential in his words people will be able to follow.
and this is an advantage for bitcoin holders because this is a positive thing at least now there are young people who have extraordinary followers who can direct people to adopt bitcoin

[Silberman]

Very interesting.

Obviously Dorsey probably has something in it for himself in order for him to say this. However, I still appreciate the support.

I personally see BTC more of a store of value going into the future, although it definitely has the capacity to scale quite substantially as required. Institutional adoption and investment levels are definitely ramping up, and it's not going to stop any time soon as the new generation who are more comfortable with the idea of BTC enters their primes.

Bitcoin could be a lot more than that, but when the whole world is inundated by fiat currencies and governments cannot stop themselves of printing more of them then the best use case for bitcoin at the moment is as a store of value, and since the fiat system is going to continue for quite some time I expect the same to be true for as long as the fiat system lasts, however once this system fails then we could begin to see bitcoin gaining extreme popularity as a currency.

[ethereumhunter]

Am I the only one who thinks that the strengthening in the crypto market is motivated by Jack's recent conversation with EM and Cattie?  Initially BTC, which was stuck at 32k USD, slowly rose to 37K USD, and this was quite awaited by investors and traders even though their conversation could also be seen from various sides, whether it was pure without any other agenda or there was another meaning behind the conversation.

It could happen, but we don't have accurate news yet. on the other hand we see that bitcoin has decreased by more than half. therefore it is not surprising that traders and investors start investing again considering that this is the golden area to buy on the fibo line

Yes, it is. Maybe that is the impact for bitcoin after that meeting. If that is so, we need more good news to lift the bitcoin price to break the next high price. The price now has stable at the current price which we feel difficult to know where the price will go. But hopefully, this month will be a good time for bitcoin to back to up to $40k or even higher.

[19Nov16]

Am I the only one who thinks that the strengthening in the crypto market is motivated by Jack's recent conversation with EM and Cattie?  Initially BTC, which was stuck at 32k USD, slowly rose to 37K USD, and this was quite awaited by investors and traders even though their conversation could also be seen from various sides, whether it was pure without any other agenda or there was another meaning behind the conversation.

It could happen, but we don't have accurate news yet. on the other hand we see that bitcoin has decreased by more than half. therefore it is not surprising that traders and investors start investing again considering that this is the golden area to buy on the fibo line

Today the market is moving up so the price is almost $40k, I'm sure buying will continue and bitcoin holders must be patient not to sell so that we get big profits, rest assured that a bull run will happen soon.

[paxmao]

Am I the only one who thinks that the strengthening in the crypto market is motivated by Jack's recent conversation with EM and Cattie?  Initially BTC, which was stuck at 32k USD, slowly rose to 37K USD, and this was quite awaited by investors and traders even though their conversation could also be seen from various sides, whether it was pure without any other agenda or there was another meaning behind the conversation.

It could happen, but we don't have accurate news yet. on the other hand we see that bitcoin has decreased by more than half. therefore it is not surprising that traders and investors start investing again considering that this is the golden area to buy on the fibo line

Today the market is moving up so the price is almost $40k, I'm sure buying will continue and bitcoin holders must be patient not to sell so that we get big profits, rest assured that a bull run will happen soon.

Why do we end talking about the price everytime that one of the CEOs of large companies talk about adoption? I believe that future growth by use embedded in these platforms is not a great strategy for bitcoin. Yes, I do agree that they would represent a great backing but they are serving the people and that is were adoption should be focused. All large platforms are unlikely to use anything that they do not control and if they do, eventually, they will try to effectively control it.

[oHnK]

Why do we end talking about the price everytime that one of the CEOs of large companies talk about adoption? I believe that future growth by use embedded in these platforms is not a great strategy for bitcoin. Yes, I do agree that they would represent a great backing but they are serving the people and that is were adoption should be focused. All large platforms are unlikely to use anything that they do not control and if they do, eventually, they will try to effectively control it.

If I try to catch what you mean it seems like every crypto adoption will have an impact on centralized control. I feel that if that's what you mean then it would be better if crypto doesn't need to be adopted by anyone. Does this make sense? Maybe that's a bit of an exaggeration because the character of BTC is much different from other assets, even fiat even though the function is the same. Wouldn't it be great news if many companies adopted BTC and other coins?

[Rruchi man]

Way to go Jack. He's already living in the future. A true visionary leader with deep convictions. Jack, Elon and Michael Saylor and other advocates of BTC are already in a world not their own. I'm already super pumped about this news and can't wait for it to become a reality.The beauty of this is the ripple effect it will have on other tech and social media companies.

[Ludmilla_rose1995]

Jack Dorsey is indeed very consistent in supporting social media and Bitcoin. He is very optimistic about bitcoin's bright future. In my opinion, this step is very appropriate for the owner of a company like Twitter. Because Bitcoin has the potential to create a new financial infrastructure that is more inclusive and supports underserved communities.

[Assface16678]

Jack Dorsey is indeed very consistent in supporting social media and Bitcoin. He is very optimistic about bitcoin's bright future. In my opinion, this step is very appropriate for the owner of a company like Twitter. Because Bitcoin has the potential to create a new financial infrastructure that is more inclusive and supports underserved communities.

That's because he is the CEO of Square plus he believes in the potential that bitcoin is a big investment for everyone to be able to access. Also, what do you mean by underserved communities? I assume it's the poor people? I think that it's a bit impossible to do that unless poor people are given some sort of help for them to access cryptocurrencies.

[Slow death]

at least he is one of the few that has not disappointed every time it appears in the media, but we are still at a very slow stage in the matter of regulation, few countries have laws that allow the purchase and sale of bitcoin and that accept that banks deal with the exchanges is also that merchants accept bitcoin as a payment method, which you see is that many countries just let people use bitcoin, but there are no laws that are specific about bitcoin and in this part we walk very slowly.

[Ludmilla_rose1995]

Jack Dorsey is indeed very consistent in supporting social media and Bitcoin. He is very optimistic about bitcoin's bright future. In my opinion, this step is very appropriate for the owner of a company like Twitter. Because Bitcoin has the potential to create a new financial infrastructure that is more inclusive and supports underserved communities.

That's because he is the CEO of Square plus he believes in the potential that bitcoin is a big investment for everyone to be able to access. Also, what do you mean by underserved communities? I assume it's the poor people? I think that it's a bit impossible to do that unless poor people are given some sort of help for them to access cryptocurrencies.

No, I don't mean that. Underserved means limited financial services such as banks and other centralized financial services. I don't think I need to give an example and I'm sure you'll understand.

Why do you think that my words refer to the poor? After all, Bitcoin and cryptocurrencies have had a positive impact on the poor.

[Silberman]

at least he is one of the few that has not disappointed every time it appears in the media, but we are still at a very slow stage in the matter of regulation, few countries have laws that allow the purchase and sale of bitcoin and that accept that banks deal with the exchanges is also that merchants accept bitcoin as a payment method, which you see is that many countries just let people use bitcoin, but there are no laws that are specific about bitcoin and in this part we walk very slowly.

I do not really see anything wrong with that, I mean what we want is for us to be free to do what we want with our bitcoin, something that is not possible with fiat as the money in your pocket and your bank account is not really yours as governments can devalue it and in the case it is in a bank it can be stolen legally by banks if they want, it is better that governments stay away from bitcoin as much as possible, but since this is not possible and they will try to regulate anyway then we have no option but to deal with them even if we know those regulations are going to eventually fail anyway.

[dezoel]

More and more people who are in big places end up supporting crypto, that is a good thing, I really like that we are actually seeing specifically twitter founder as well because dude is in charge of all the crypto world at this point. Look at twitter and you will see that most of the crypto world is writing there, it is basically a niche for politics and crypto at this point because those are the biggest things going around in crypto, there is a bit of sports as well I have to say that but only on big things, aside from that 99% of the time in my nation at least its either politics or crypto on twitter.

And if crypto loves twitter so much then founder of twitter liking bitcoin so much is also a very good thing, it shows that love is not one sided and comes from both sides. This is going to only help crypto to get better and better in the future.

[pinggoki]

Efforts to monetization in the space of twitter has been made and as far as I know is already mobilized, it will actually be a great boost in bitcoin's popularity if ever Jack Dorsey implements this feature, although I can see that it could also cause some detriments in the manner to which bitcoin operates in the market. For instance, price drop is imminent and is a huge possibility because as much more people are given the chance to own bitcoin, a number of them will choose to sell it for fiat to facilitate their daily purchases. Another is the false perception that bitcoin is nothing more than glorified venmo, cashapp, or the likes.

More and more people who are in big places end up supporting crypto, that is a good thing, I really like that we are actually seeing specifically twitter founder as well because dude is in charge of all the crypto world at this point. Look at twitter and you will see that most of the crypto world is writing there, it is basically a niche for politics and crypto at this point because those are the biggest things going around in crypto, there is a bit of sports as well I have to say that but only on big things, aside from that 99% of the time in my nation at least its either politics or crypto on twitter.

And if crypto loves twitter so much then founder of twitter liking bitcoin so much is also a very good thing, it shows that love is not one sided and comes from both sides. This is going to only help crypto to get better and better in the future.

Hopefully this does not stagnate bitcoin's applications and allow it to instead be a gateway for future pieces of technology integrating bitcoin or blockchain for that matter. The way I see it, this is a big and promising move from Jack Dorsey with the detriments I mentioned earlier not really becoming a big deal when we consider the opportunities this could offer to bitcoin.

[Silberman]

More and more people who are in big places end up supporting crypto, that is a good thing, I really like that we are actually seeing specifically twitter founder as well because dude is in charge of all the crypto world at this point. Look at twitter and you will see that most of the crypto world is writing there, it is basically a niche for politics and crypto at this point because those are the biggest things going around in crypto, there is a bit of sports as well I have to say that but only on big things, aside from that 99% of the time in my nation at least its either politics or crypto on twitter.

And if crypto loves twitter so much then founder of twitter liking bitcoin so much is also a very good thing, it shows that love is not one sided and comes from both sides. This is going to only help crypto to get better and better in the future.

This is interesting to read, I do not really use social media because quite honestly I really think that a lot of people waste a great deal of their time there, however if your observation that a great deal of the interest that comes to this market comes from Twitter and other social media platforms is right then it is important that we got the support from those platforms and at least in the case of Twitter it seems this is the case, let's just hope that this continues to be the case.

[hatshepsut93]

There are already decentralized versions of twitter like Mastodon. How is Twitter planning to go decentralized without losing their power to ban people? Because you can't have both at the same time. And adding Bitcoin to twitter sounds very exciting for us Bitcoiners, but I'm sure most of the twitter users will not care and will not use these features.

[sapnu]

I am very happy to see people that support Bitcoin, I have been reading lately about the Twitter CEO, Jack Dorsey. Not more than few days ago that Jack Dorsey said Square is building a new division that will focus on building decentralized finance (DeFi) services that utilize the Bitcoin network. He believes in Bitcoin and how it can be the native coin of Twitter.

Referring to Bitcoin as a native currency of the internet, Dorsey described opportunities to integrate BTC into existing Twitter services including commerce, subscriptions and new features such as Twitter Tip Jar and Super Follows.

The CEO explained to investors that a lot of Bitcoin-enabled innovation is “above just currency to be had,” as Twitter is committed to decentralize social media and provide more economic incentives. He noted that Bitcoin is one of three key trends for Twitter’s future alongside artificial intelligence and decentralization. “I think it’s hugely important to Twitter and to Twitter shareholders that we continue to look at the space and invest aggressively in it,” he said.

Dorsey emphasized that Twitter is not alone in its commitment to crypto, citing aggressive digital currency development by social media giant Facebook, which expects to pilot its Diem cryptocurrency later this year. But unlike Facebook, Twitter will one day focus on BTC as a native internet open standard. Dorsey stated:

“There’s an obvious need for this and appreciation for it. And I think that an open standard that’s native to the internet is the right way to go, which is why my focus and our focus eventually will be on Bitcoin.”

This is one of the man in the world that believe in decentralization and appreciative design of Bitcoin.

Just by seeing those people supporting bitcoin makes us feel safe and happy. They bring great influence considering how big of an individual they are. Sooner or later, as more people gets to know about bitcoin and end up trying it, we will see how much dominance bitcoin will have over fiat currencies. For sure, these people have some plans with crypto up their sleeves and it is for us too choose if we'll ride together with them as they bring it to the moon or choose not to believe because there will still be probabilities that they will soon do something that will bring bitcoin down.

[bryant.coleman]

This is interesting to read, I do not really use social media because quite honestly I really think that a lot of people waste a great deal of their time there, however if your observation that a great deal of the interest that comes to this market comes from Twitter and other social media platforms is right then it is important that we got the support from those platforms and at least in the case of Twitter it seems this is the case, let's just hope that this continues to be the case.

It is up to the individual to decide where they want to spend their time. A few years back, I used to spend 2-3 hours every day in Facebook. But then I realized that it wastes a lot of time and then I deleted the account. The only social media platforms that I use right now are Twitter and Linkedin. I use Twitter because it is possible to get uncensored news, without any bias. The mainstream media can no longer be relied because of their bias and censorship. There are hundreds of millions who share my views. So if Dorsey takes a positive view about Bitcoin, then it will have a big impact.

[seramania]

I read some articles some time ago if jack dorskey became one of the people who support crypto. It can be seen now that every crypto project always uses Twitter as a media campaign. I see as if twitter allows crypto to enter on their social media and twitter supports it.

[Obito]

There are already decentralized versions of twitter like Mastodon. How is Twitter planning to go decentralized without losing their power to ban people? Because you can't have both at the same time. And adding Bitcoin to twitter sounds very exciting for us Bitcoiners, but I'm sure most of the twitter users will not care and will not use these features.

I don't know if people are going to go away from Twitter anytime soon, I mean these people have been on the platform for so long and Twitter has been on the Internet for a long time now to the point that they become a staple when social media is being mentioned.

[Princejebs]

I read some articles some time ago if jack dorskey became one of the people who support crypto. It can be seen now that every crypto project always uses Twitter as a media campaign. I see as if twitter allows crypto to enter on their social media and twitter supports it.

That's because twitter has a lots of influencials and successful individuals who are business tycoon and open minded people. They don't like any other apps that's because twitter is leading for now and that's perhaps the reason why everyone is always in that app.
Elon musk ones doesn't like bitcoin but today, he and SpaceX hold bitcoin, not just that but also a man of meme coins.

[Kusman]

People like Elon Musk and Jack Dorsey support Bitcoin when they have benefits for themselves or their companies. But Jack Dorsey already made it clear that Bitcoin is going to be great for Twitter in the future. He doesn't intend to conceal his real goals.

Anyway, this will still help Bitcoin a great deal. As people start supporting Bitcoin more, Bitcoin will continue to develop also.