People like Elon Musk and Jack Dorsey support Bitcoin when they have benefits for themselves or their companies. But Jack Dorsey already made it clear that Bitcoin is going to be great for Twitter in the future. He doesn't intend to conceal his real goals.
Anyway, this will still help Bitcoin a great deal. As people start supporting Bitcoin more, Bitcoin will continue to develop also.
Topic: Bitcoin is key to the future of Twitter, Jack Dorsey says (Read 477 times)
I read some articles some time ago if jack dorskey became one of the people who support crypto. It can be seen now that every crypto project always uses Twitter as a media campaign. I see as if twitter allows crypto to enter on their social media and twitter supports it.
That's because twitter has a lots of influencials and successful individuals who are business tycoon and open minded people. They don't like any other apps that's because twitter is leading for now and that's perhaps the reason why everyone is always in that app.
Elon musk ones doesn't like bitcoin but today, he and SpaceX hold bitcoin, not just that but also a man of meme coins.
There are already decentralized versions of twitter like Mastodon. How is Twitter planning to go decentralized without losing their power to ban people? Because you can't have both at the same time. And adding Bitcoin to twitter sounds very exciting for us Bitcoiners, but I'm sure most of the twitter users will not care and will not use these features.
I don't know if people are going to go away from Twitter anytime soon, I mean these people have been on the platform for so long and Twitter has been on the Internet for a long time now to the point that they become a staple when social media is being mentioned. 
I read some articles some time ago if jack dorskey became one of the people who support crypto. It can be seen now that every crypto project always uses Twitter as a media campaign. I see as if twitter allows crypto to enter on their social media and twitter supports it.
This is interesting to read, I do not really use social media because quite honestly I really think that a lot of people waste a great deal of their time there, however if your observation that a great deal of the interest that comes to this market comes from Twitter and other social media platforms is right then it is important that we got the support from those platforms and at least in the case of Twitter it seems this is the case, let's just hope that this continues to be the case.
It is up to the individual to decide where they want to spend their time. A few years back, I used to spend 2-3 hours every day in Facebook. But then I realized that it wastes a lot of time and then I deleted the account. The only social media platforms that I use right now are Twitter and Linkedin. I use Twitter because it is possible to get uncensored news, without any bias. The mainstream media can no longer be relied because of their bias and censorship. There are hundreds of millions who share my views. So if Dorsey takes a positive view about Bitcoin, then it will have a big impact.
I am very happy to see people that support Bitcoin, I have been reading lately about the Twitter CEO, Jack Dorsey. Not more than few days ago that Jack Dorsey said Square is building a new division that will focus on building decentralized finance (DeFi) services that utilize the Bitcoin network. He believes in Bitcoin and how it can be the native coin of Twitter.
This is one of the man in the world that believe in decentralization and appreciative design of Bitcoin.
Just by seeing those people supporting bitcoin makes us feel safe and happy. They bring great influence considering how big of an individual they are. Sooner or later, as more people gets to know about bitcoin and end up trying it, we will see how much dominance bitcoin will have over fiat currencies. For sure, these people have some plans with crypto up their sleeves and it is for us too choose if we'll ride together with them as they bring it to the moon or choose not to believe because there will still be probabilities that they will soon do something that will bring bitcoin down. Referring to Bitcoin as a native currency of the internet, Dorsey described opportunities to integrate BTC into existing Twitter services including commerce, subscriptions and new features such as Twitter Tip Jar and Super Follows.
The CEO explained to investors that a lot of Bitcoin-enabled innovation is “above just currency to be had,” as Twitter is committed to decentralize social media and provide more economic incentives. He noted that Bitcoin is one of three key trends for Twitter’s future alongside artificial intelligence and decentralization. “I think it’s hugely important to Twitter and to Twitter shareholders that we continue to look at the space and invest aggressively in it,” he said.
Dorsey emphasized that Twitter is not alone in its commitment to crypto, citing aggressive digital currency development by social media giant Facebook, which expects to pilot its Diem cryptocurrency later this year. But unlike Facebook, Twitter will one day focus on BTC as a native internet open standard. Dorsey stated:
“There’s an obvious need for this and appreciation for it. And I think that an open standard that’s native to the internet is the right way to go, which is why my focus and our focus eventually will be on Bitcoin.”
The CEO explained to investors that a lot of Bitcoin-enabled innovation is “above just currency to be had,” as Twitter is committed to decentralize social media and provide more economic incentives. He noted that Bitcoin is one of three key trends for Twitter’s future alongside artificial intelligence and decentralization. “I think it’s hugely important to Twitter and to Twitter shareholders that we continue to look at the space and invest aggressively in it,” he said.
Dorsey emphasized that Twitter is not alone in its commitment to crypto, citing aggressive digital currency development by social media giant Facebook, which expects to pilot its Diem cryptocurrency later this year. But unlike Facebook, Twitter will one day focus on BTC as a native internet open standard. Dorsey stated:
“There’s an obvious need for this and appreciation for it. And I think that an open standard that’s native to the internet is the right way to go, which is why my focus and our focus eventually will be on Bitcoin.”
This is one of the man in the world that believe in decentralization and appreciative design of Bitcoin.
There are already decentralized versions of twitter like Mastodon. How is Twitter planning to go decentralized without losing their power to ban people? Because you can't have both at the same time. And adding Bitcoin to twitter sounds very exciting for us Bitcoiners, but I'm sure most of the twitter users will not care and will not use these features.
More and more people who are in big places end up supporting crypto, that is a good thing, I really like that we are actually seeing specifically twitter founder as well because dude is in charge of all the crypto world at this point. Look at twitter and you will see that most of the crypto world is writing there, it is basically a niche for politics and crypto at this point because those are the biggest things going around in crypto, there is a bit of sports as well I have to say that but only on big things, aside from that 99% of the time in my nation at least its either politics or crypto on twitter.
And if crypto loves twitter so much then founder of twitter liking bitcoin so much is also a very good thing, it shows that love is not one sided and comes from both sides. This is going to only help crypto to get better and better in the future.
This is interesting to read, I do not really use social media because quite honestly I really think that a lot of people waste a great deal of their time there, however if your observation that a great deal of the interest that comes to this market comes from Twitter and other social media platforms is right then it is important that we got the support from those platforms and at least in the case of Twitter it seems this is the case, let's just hope that this continues to be the case. And if crypto loves twitter so much then founder of twitter liking bitcoin so much is also a very good thing, it shows that love is not one sided and comes from both sides. This is going to only help crypto to get better and better in the future.
Efforts to monetization in the space of twitter has been made and as far as I know is already mobilized, it will actually be a great boost in bitcoin's popularity if ever Jack Dorsey implements this feature, although I can see that it could also cause some detriments in the manner to which bitcoin operates in the market. For instance, price drop is imminent and is a huge possibility because as much more people are given the chance to own bitcoin, a number of them will choose to sell it for fiat to facilitate their daily purchases. Another is the false perception that bitcoin is nothing more than glorified venmo, cashapp, or the likes.
More and more people who are in big places end up supporting crypto, that is a good thing, I really like that we are actually seeing specifically twitter founder as well because dude is in charge of all the crypto world at this point. Look at twitter and you will see that most of the crypto world is writing there, it is basically a niche for politics and crypto at this point because those are the biggest things going around in crypto, there is a bit of sports as well I have to say that but only on big things, aside from that 99% of the time in my nation at least its either politics or crypto on twitter.
And if crypto loves twitter so much then founder of twitter liking bitcoin so much is also a very good thing, it shows that love is not one sided and comes from both sides. This is going to only help crypto to get better and better in the future.
Hopefully this does not stagnate bitcoin's applications and allow it to instead be a gateway for future pieces of technology integrating bitcoin or blockchain for that matter. The way I see it, this is a big and promising move from Jack Dorsey with the detriments I mentioned earlier not really becoming a big deal when we consider the opportunities this could offer to bitcoin. And if crypto loves twitter so much then founder of twitter liking bitcoin so much is also a very good thing, it shows that love is not one sided and comes from both sides. This is going to only help crypto to get better and better in the future.
More and more people who are in big places end up supporting crypto, that is a good thing, I really like that we are actually seeing specifically twitter founder as well because dude is in charge of all the crypto world at this point. Look at twitter and you will see that most of the crypto world is writing there, it is basically a niche for politics and crypto at this point because those are the biggest things going around in crypto, there is a bit of sports as well I have to say that but only on big things, aside from that 99% of the time in my nation at least its either politics or crypto on twitter.
And if crypto loves twitter so much then founder of twitter liking bitcoin so much is also a very good thing, it shows that love is not one sided and comes from both sides. This is going to only help crypto to get better and better in the future.
And if crypto loves twitter so much then founder of twitter liking bitcoin so much is also a very good thing, it shows that love is not one sided and comes from both sides. This is going to only help crypto to get better and better in the future.
at least he is one of the few that has not disappointed every time it appears in the media, but we are still at a very slow stage in the matter of regulation, few countries have laws that allow the purchase and sale of bitcoin and that accept that banks deal with the exchanges is also that merchants accept bitcoin as a payment method, which you see is that many countries just let people use bitcoin, but there are no laws that are specific about bitcoin and in this part we walk very slowly.
I do not really see anything wrong with that, I mean what we want is for us to be free to do what we want with our bitcoin, something that is not possible with fiat as the money in your pocket and your bank account is not really yours as governments can devalue it and in the case it is in a bank it can be stolen legally by banks if they want, it is better that governments stay away from bitcoin as much as possible, but since this is not possible and they will try to regulate anyway then we have no option but to deal with them even if we know those regulations are going to eventually fail anyway. 
Jack Dorsey is indeed very consistent in supporting social media and Bitcoin. He is very optimistic about bitcoin's bright future. In my opinion, this step is very appropriate for the owner of a company like Twitter. Because Bitcoin has the potential to create a new financial infrastructure that is more inclusive and supports underserved communities.
That's because he is the CEO of Square plus he believes in the potential that bitcoin is a big investment for everyone to be able to access. Also, what do you mean by underserved communities? I assume it's the poor people? I think that it's a bit impossible to do that unless poor people are given some sort of help for them to access cryptocurrencies.Why do you think that my words refer to the poor? After all, Bitcoin and cryptocurrencies have had a positive impact on the poor.
at least he is one of the few that has not disappointed every time it appears in the media, but we are still at a very slow stage in the matter of regulation, few countries have laws that allow the purchase and sale of bitcoin and that accept that banks deal with the exchanges is also that merchants accept bitcoin as a payment method, which you see is that many countries just let people use bitcoin, but there are no laws that are specific about bitcoin and in this part we walk very slowly.
Jack Dorsey is indeed very consistent in supporting social media and Bitcoin. He is very optimistic about bitcoin's bright future. In my opinion, this step is very appropriate for the owner of a company like Twitter. Because Bitcoin has the potential to create a new financial infrastructure that is more inclusive and supports underserved communities.
That's because he is the CEO of Square plus he believes in the potential that bitcoin is a big investment for everyone to be able to access. Also, what do you mean by underserved communities? I assume it's the poor people? I think that it's a bit impossible to do that unless poor people are given some sort of help for them to access cryptocurrencies.
Jack Dorsey is indeed very consistent in supporting social media and Bitcoin. He is very optimistic about bitcoin's bright future. In my opinion, this step is very appropriate for the owner of a company like Twitter. Because Bitcoin has the potential to create a new financial infrastructure that is more inclusive and supports underserved communities.
Way to go Jack. He's already living in the future. A true visionary leader with deep convictions. Jack, Elon and Michael Saylor and other advocates of BTC are already in a world not their own. I'm already super pumped about this news and can't wait for it to become a reality.The beauty of this is the ripple effect it will have on other tech and social media companies.
Why do we end talking about the price everytime that one of the CEOs of large companies talk about adoption? I believe that future growth by use embedded in these platforms is not a great strategy for bitcoin. Yes, I do agree that they would represent a great backing but they are serving the people and that is were adoption should be focused. All large platforms are unlikely to use anything that they do not control and if they do, eventually, they will try to effectively control it.
If I try to catch what you mean it seems like every crypto adoption will have an impact on centralized control. I feel that if that's what you mean then it would be better if crypto doesn't need to be adopted by anyone. Does this make sense? Maybe that's a bit of an exaggeration because the character of BTC is much different from other assets, even fiat even though the function is the same. Wouldn't it be great news if many companies adopted BTC and other coins?
Am I the only one who thinks that the strengthening in the crypto market is motivated by Jack's recent conversation with EM and Cattie? Initially BTC, which was stuck at 32k USD, slowly rose to 37K USD, and this was quite awaited by investors and traders even though their conversation could also be seen from various sides, whether it was pure without any other agenda or there was another meaning behind the conversation.
It could happen, but we don't have accurate news yet. on the other hand we see that bitcoin has decreased by more than half. therefore it is not surprising that traders and investors start investing again considering that this is the golden area to buy on the fibo line Today the market is moving up so the price is almost $40k, I'm sure buying will continue and bitcoin holders must be patient not to sell so that we get big profits, rest assured that a bull run will happen soon.
Why do we end talking about the price everytime that one of the CEOs of large companies talk about adoption? I believe that future growth by use embedded in these platforms is not a great strategy for bitcoin. Yes, I do agree that they would represent a great backing but they are serving the people and that is were adoption should be focused. All large platforms are unlikely to use anything that they do not control and if they do, eventually, they will try to effectively control it.
Am I the only one who thinks that the strengthening in the crypto market is motivated by Jack's recent conversation with EM and Cattie? Initially BTC, which was stuck at 32k USD, slowly rose to 37K USD, and this was quite awaited by investors and traders even though their conversation could also be seen from various sides, whether it was pure without any other agenda or there was another meaning behind the conversation.
It could happen, but we don't have accurate news yet. on the other hand we see that bitcoin has decreased by more than half. therefore it is not surprising that traders and investors start investing again considering that this is the golden area to buy on the fibo line Today the market is moving up so the price is almost $40k, I'm sure buying will continue and bitcoin holders must be patient not to sell so that we get big profits, rest assured that a bull run will happen soon.
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Am I the only one who thinks that the strengthening in the crypto market is motivated by Jack's recent conversation with EM and Cattie? Initially BTC, which was stuck at 32k USD, slowly rose to 37K USD, and this was quite awaited by investors and traders even though their conversation could also be seen from various sides, whether it was pure without any other agenda or there was another meaning behind the conversation.
It could happen, but we don't have accurate news yet. on the other hand we see that bitcoin has decreased by more than half. therefore it is not surprising that traders and investors start investing again considering that this is the golden area to buy on the fibo line Jump to: