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.