Twitter CEO: Bitcoin will become an important part of Twitter

It is often said that among the founders of American technology companies, Twitter CEO Jack Dorsey (Jack Dorsey) is the biggest believer (Believer) and builder (Builder) of Bitcoin.

This was verified again in Jack Dorsey’s latest public speech.

Bitcoin will become an important part of Twitter’s future

On the morning of July 23, Beijing time, Twitter announced the financial report for the second quarter of fiscal 2021. Jack Dorsey was answered at the financial report meeting about the further integration of Bitcoin and Twitter platforms. He said Bitcoin Will become an important part of Twitter’s future.

Jack Dorsey said that if cryptocurrency is used, its product advancement and product use will be much faster, such as super follows, e-commerce, subscription waiting, and it can reach any person on the planet without having to hit the market one by one. Entry, so this is a very important part of the future.

Jack Dorsey (Jack Dorsey) believes that transparent currency has many innovations, especially in terms of social media decentralization and providing more economic incentives. Therefore, Bitcoin is very important to Twitter and Twitter shareholders, I believe that Bitcoin can bring rapid development and innovation.

Jack Dorsey (Jack Dorsey) said he will continue to focus on this area. He also mentioned that Facebook is also developing Libra, saying that this is the right way forward.

“Bitcoin changed everything”

As a hardcore fan of Bitcoin for many years, at The BWord Summit held on July 21, Jack Dorsey once again stated that Bitcoin has changed everything.

When Jack Dorsey talked about what allowed him to enter the Bitcoin world, he said that he had been interested in cypherpunk before and realized the predatory nature of the Internet, and that Bitcoin has the ability to subvert existing payments. The potential of the system attracted him.

At the same time, he believes that now he is sparing no effort to promote Bitcoin, as if he is in the early stage of the development of the Internet.

“Bitcoin changed everything.” Jack Dorsey pointed out that our current monetary policy and monetary system have caused unnecessary attention consumption and cost waste. Bitcoin does not need to be trusted and anyone can use the source. Code inspection is not controlled by a single company, bank or country.

Jack Dorsey (Jack Dorsey) cited an example he encountered as proof: an Ethiopian girl tried to establish her own Lyft in Ethiopia, but the main obstacle was that Ethiopia does not currently have a complete digital payment system, and Bitcoin can do it. Perfect solution to this problem.

Jack Dorsey (Jack Dorsey) hopes that he and its Square and other companies can help Bitcoin to further promote the development of decentralization. At the same time, he also hopes that Bitcoin can create world peace by improving the basic level of society.

Posted by:CoinYuppie,Reprinted with attribution to:https://coinyuppie.com/twitter-ceo-bitcoin-will-become-an-important-part-of-twitter/
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