Twitter CEO Dorsey: Bitcoin will become an important part of Twitter

Twitter CEO Dorsey: Bitcoin will become an important part of Twitter

It is often said that among the founders of American technology companies, Twitter CEO Jack Dorsey is the biggest believer (Believer) and builder (Builder) of Bitcoin.
This was once again confirmed in Jack Dorsey's latest public speech.
On the morning of July 23rd, Beijing time, Twitter released its second quarter financial report for fiscal year 2021. Jack Dorsey was answered questions about the further integration of Bitcoin and the Twitter platform at the earnings conference. He said that Bitcoin will become an important part of Twitter's future.
Jack Dorsey said that if cryptocurrency is used, product promotion and use will be much faster, such as super follows, e-commerce, subscriptions, etc., and can reach anyone on the planet without having to enter each market one by one, so this is a very important part of the future.
Jack Dorsey believes that transparent currency has many innovations, especially in the decentralization of social media and providing more economic incentives. Therefore, Bitcoin is very important to Twitter and Twitter's shareholders, and he believes that Bitcoin can bring rapid development and innovation.
Jack Dorsey said he would continue to pay attention to this field. He also mentioned that Facebook is also developing Libra, saying that this is the right direction to move forward.

“Bitcoin changes everything”
As a hardcore fan of Bitcoin for many years, Jack Dorsey once again stated at The BWord Summit held on July 21 that Bitcoin has changed everything.
When talking about what led him to enter the world of Bitcoin, Jack Dorsey said that he had been interested in cypherpunks before and realized the predatory nature of the Internet, and Bitcoin's potential to subvert the existing payment system attracted him.
At the same time, he believes that his unremitting efforts to promote Bitcoin are like the early stage of the birth and development of the Internet.
"Bitcoin changes everything," Jack Dorsey pointed out that our current monetary policy and monetary system cause unnecessary consumption of attention and waste of costs, while Bitcoin does not require trust, anyone can verify it through the source code, and it is not controlled by a single company, bank or country.
Jack Dorsey cited an example he had encountered as evidence: an Ethiopian girl tried to establish her own Lyft in Ethiopia, but the main obstacle was that Ethiopia currently did not have a complete digital payment system, and Bitcoin could perfectly solve this problem.
Jack Dorsey hopes that he and his companies such as Square can help Bitcoin further promote the development of decentralization. He also hopes that Bitcoin can create world peace by improving the basic level of society.


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