Jack Dorsey is the CEO of Twitter, the largest social media platform in the world. He said that Bitcoin would play an important role in the future of twitter.
Twitter published its letter of July 22 to shareholders regarding the second quarter. He also presented his financial results from the same period.
Jack Dorsey covered many topics in the conversation. Due to current developments, the conversation focuses primarily on Bitcoins and digital assets.
I think Bitcoin plays a big part in our future. I think many innovations are going beyond the currency itself, especially when we think about decentralizing social media and providing more economic stimulus. So I think it’s hugely important for Twitter and Twitter shareholders to continue to look at the space and invest aggressively in itDorsey said
BTC Future Of Twitter
Dorsey is a long-standing bitcoin advocate. But, the details of how it would be put into practice on Twitter’s platform have yet to be explained. Dorsey has made frequent public praises for the cryptocurrency, saying that it reminds of the early internet days and that nothing is more important in his lifetime.
As previously reported by the CEO, Square, his financial company, has plans to build a hardware portfolio. All of this is intended to increase and distribute the adoption of the original crypto.
Dorsey also said that Twitter would not be the only one who pursues a crypto strategy. He pointed out that Facebook was supporting the digital currency, Diem.
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Disclaimer: The information provided in this article is for informational purposes only and should not be construed as financial or investment advice. Cryptocurrency investments are subject to market risks, and individuals should seek professional advice before making any investment decisions.