Ethereum has been one of the hottest topics in cryptocurrency for some time now. It is one of the most popular cryptocurrencies on the market and it is a decentralized currency with smart contract capabilities. But, there are many people who believe that Ethereum may not be ready for primetime yet. One of those people happens to be Jack Dorsey, who says that he stays away from Ethereum because it isn’t stable enough at this point.
Recently, Twitter users suggested that accounts on the site have an Ethereum wallet attached for NFT trading. This would allow them to trade their digital assets with other players and items in a virtual environment or game without any headache of converting back-and-forth between currencies.
Dorsey sided with the person who said that Ethereum was a good idea. He wrote, “I agree.” Dorsey even thought it might be more likely for Twitter accounts to have Bitcoin Lightning wallets. Since June, this idea has been under consideration and would allow Twitter users to send Bitcoin transactions at low prices.
Ethereum has been on the rise since its inception in 2014. However, Twitter and Square CEO Jack Dorsey does not see Ethereum as a viable alternative to Bitcoin or other cryptocurrencies in the near future.
Read Also: ACCC Has Warned Australians About Fake Trading Websites
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.
Comments are closed.