Jack Dorsey, the CEO of Twitter, tweeted out the whitepaper of Bitcoin [BTC] on the occasion of its 10th birthday. This not only exposes the technology to his 4 million followers but is also indicative of his approval and involvement in the cryptocurrency space.
The whitepaper was also followed by a link to another one of Dorsey’s services, Square’s Cash app. The executive is also the head of Square, a company focused on providing Bitcoin payments to all and making it accessible to many.
— jack (@jack) October 31, 2018
In the past, he has also said that Bitcoin would be the single currency of the Internet. In an interview in March, Dorsey stated:
“The world ultimately will have a single currency, the internet will have a single currency. I personally believe that it will be Bitcoin.”
Jack is also an investor in Lightning Labs, the company behind building the Lightning Network for Bitcoin. The Lightning Network is a layer-2 solution for the scalability of the Bitcoin blockchain and aims to increase the transaction throughput of the blockchain by moving transactions off the chain.
On the scalability of Bitcoin, he stated:
“It’s slow and it’s costly, but as more and more people have it, those things go away. There are newer technologies that build off of blockchain and make it more approachable.”
Marcion_Sinope, a user on Reddit, said:
“One of the Black Hands of internet censorship trying to get street cred by pretending to align with bitcoin?”
“Jack, thanks for pushing the pace. Long Bitcoin, Short the Bankers! Thanks for your kindness today. Hope you’re having a great day :)”
Subscribe to AMBCrypto’s Newsletter
Stellar Lumens [XLM/USD] Technical Analysis: Bulls rest while bears plan siege
XRP/USD Technical Analysis: Market confused amidst a reddish hue
Cardano [ADA/USD] Technical Analysis: Bear is still king of the market
Bitcoin [BTC] rewards start-up raises $2.25 million; Bain Venture Capital one among the investors
Bitcoin [BTC/USD] Technical Analysis: Knife drop urges bears to take power, bulls might see bounce-back
XRP powered-xRapid and Ripple to get push for adoption through upcoming SWIFT GPI upgrade and Temenos?
XRP, Bitcoin [BTC], Ethereum [ETH] and Litecoin [LTC] bull run last year started in November: The outlook 1 year down the line
Ripple partner reveals platform moves “a couple billion”, hints at usage of XRP-powered xRapid in future
Bitcoin ETF fate to be decided by the SEC after November 5
“Bitcoin [BTC] will be made better than every other cryptocurrency”, says nChain’s Craig Wright
Ripple’s new xCurrent 4.0 with over 150 customers promises “increased product interoperability” with XRP-powered xRapid
IMF Official to Ripple Co-founder – IMF involved in research, publication on crypto-assets and blockchain
XRP breaks out above 4% within the span of an hour; new APIs enabled
XRP is “explicitly legalized and endorsed” in Thailand, reveals Ripple’s Garlinghouse