- The founder of the social network Twitter, Jack Dorsey, believes that the most capitalized cryptocurrency, bitcoin, can become a replacement for the national currency of the United States.
- Many members of the crypto community are of the same opinion. In particular, trader and popular TV presenter Max Kaiser believes that bitcoin will be able to replace the US dollar.
- Recall that at the end of November 2021, former US Secretary of State Hillary Clinton spoke out that Russia and China could use cryptocurrencies to destabilize the US dollar.
Previously, the developer has repeatedly noted the prospects for the development of the digital asset market.
The founder of the social network Twitter, Jack Dorsey, believes that the most capitalized cryptocurrency, bitcoin, can become a replacement for the national currency of the United States. The developer shared this opinion during a conversation with rap singer Cardi B.
“- Do you think cryptocurrency can replace the US dollar?
- I think yes. It will be replaced by bitcoin. “
The Bitcoin Sentiment
Many members of the crypto community are of the same opinion. In particular, trader and popular TV presenter Max Kaiser believes that bitcoin will be able to replace the US dollar . At the same time, the American Fed considers such forecasts to be unrealizable.
Jack Dorsey is one of the most active representatives of the crypto community. He has previously spoken positively about BTC on several occasions. For example, in 2018, a developer shared his opinion that in 10 years, bitcoin will become the only currency in the world.
The founder of Twitter provides support to the crypto community for more than just words. Jack Dorsey actively integrates digital assets into projects under his control and develops new tools for the crypto industry. For example, in October 2021, information appeared on the network that the developer’s digital payment platform – Block – would enter the market for the production of mining equipment.
Also Read : Ethereum Price Prediction: Ethereum is most innovative technology, says, former Argentinian president
In November 2021, Jack Dorsey stepped down as CEO of Twitter. His place was taken by the “first outstanding engineer” of the company – Parag Agrawal.
Recall that at the end of November 2021, former US Secretary of State Hillary Clinton spoke out that Russia and China could use cryptocurrencies to destabilize the US dollar.
About Jack Dorsey
Jack Dorsey, (born November 19, 1976, St. Louis, Missouri, U.S.), American Web developer and entrepreneur who, with Evan Williams and Christopher Stone, cofounded (2006) the online microblogging service Twitter.
As a teenager, Dorsey created taxi-dispatching software that was adopted by taxicab companies. He attended New York University before moving (1999) to San Francisco, where he set up a company that used the Internet to handle the dispatching of couriers and emergency vehicles as well as taxis. In 2000 he first considered using text and instant messaging (based on the principles of dispatch software) as a way of keeping in touch with friends.
Six years later he approached Williams and Stone with his idea; together they developed a prototype of what would become the Twitter platform. Dorsey posted the first Twitter message on March 21, 2006. The service, which allowed users to send messages no longer than 140 characters, quickly became a popular social networking hub as well as a mainstream form of communication. Dorsey served as CEO until October 2008, when he became chairman of the board. In that capacity, he was involved with Twitter’s initial public offering (2013), which raised $1.8 billion.
In 2009 Dorsey cofounded and became CEO of Square, a mobile-payments venture that offered devices and software to facilitate credit card transactions. It launched in 2010 and by 2012 had more than two million users. Square initially was available only in North America, but it expanded to overseas markets in 2013, when its services became available in Japan. That year Dorsey also became a member of Disney Company’s board of directors. In October 2015 he once again became CEO at Twitter while also remaining as Square’s CEO.
Source : Britannica
