Jack Dorsey, the Twitter founder is a strong Bitcoin believer with no interest for altcoins who recently talked about Bitcoin having the “greatest chance of being the Internet’s native currency” while passing along the Lightning Torch.
Bitcoin: Resilient, Principled & a Great Brand
Jack Dorsey, Twitter CEO and founder of Cash app that expanded support for Bitcoin trading in January last year is clearly a huge Bitcoin proponent which was further evident when he reaffirmed that Bitcoin could be the internet currency.
“[Bitcoin] was something that was born on the internet, that was developed on the internet, that was tested on the internet…It is of the internet.”
As for what excites him about Bitcoin the most, that it’s an internet currency,
“Everything. Mostly I think it has the greatest chance of being the Internet’s native currency. If you think of the internet as you would a country, that’s huge.”
He has been apparently making the most of the ongoing bear market as well by buying the dip as he replies to “Have you been buying in this $3k range?” with “I have.”
But looks like Dorsey is not only a strong Bitcoin believer but a Bitcoin maximalist as well. Twitter CEO only own Bitcoin and no other digital currency.
“Bitcoin is resilient. Bitcoin is principled. Bitcoin is native to internet ideals. And it’s a great brand.”
Jack has no plans to buy any other cryptocurrency in future
And rejected Eth Twice,
Binance CEO, Changpeng Zhao even commented with a gif, “One of us,”
He even took a jab at Coinbase as one Bitcoin enthusiast said, “I need to be able to RECEIVE incoming bitcoin to Cash App!! Help me get off Coinbase for good!!”
Bitcoin support would also becoming “some day soon” on Cash App Canada. We could also see Twitter in future allowing users to send Bitcoin through, say a Bitcoin Tipping button as Dorsey supplied with, “We do have to pay attention to this, and will have some answer at some point.”
Lightning Torch Makes a Round Around the World
Jack Dorsey has also been the latest recipient of lightning Torch which he passed on to Elizabeth Stark, co-founder of Lightning labs.
A lightning network payment dubbed Lightning Torch has been making global rounds. Going from user to user, each one adds 10,000 satoshis to the initial amount of 100k satoshis. It has travelled across 39 countries and changed hands at about 150 times.
It all started on January 19 by an anonymous Bitcoin enthusiast, hodlonaut. You can track the Lightning Torch here.
Having a background in writing, I worked on a wide array of industry topics and have recently entered the world of Blockchain and Cryptocurrency.