Last night,Twitterannounced itll allow users totip accounts via Ethereum.
This is the social networks second crypto announcement in two months, after itenabled NFT-based profile picturesin January.
These developments have come after Jack Dorseystepped down as the companys CEO last year.
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When considering all this, we had one important question: just how annoyedwill Jack Dorsey be?
To find out,we explored his connection with digital currencies over the years.
Hes beenexperimentingwiththe digital currencyat his payment startup Square for some time now.
In a 2019 interview with TNW, Dorsey outlineda need for a native internet currency.
At that time, he wanted Square to take an active part in developing the cryptocurrency ecosystem.
The firms digital currency department working on Bitcoin Square Crypto was renamed Spiral.
Its supporters think of it as a superior technology to Bitcoin, which mostly just acts as a currency.
You dont own web3.
The VCs and their LPs do.
It will never escape their incentives.
Its ultimately a centralized entity with a different label.
Notably, many of these projects are based on Ethereum.
I believe in you and your ability to understand systems.
Only that foundation will provide for the applications you allude to.
So the community accused Dorsey of hating the decentralized protocol.
While he cleared the air by saying hes not anti-ETH, his tweets suggest otherwise.
Im not anti ETH.
Im anti-centralized, VC-owned, single point of failure, and corporate controlled lies.
If your goal is anti establishment, I promise you it isnt ethereum.
Dont believe or trust me!
Just look at the fundamentals.
That, however, hasnt stopped Dorsey from pushing his favorite digital currency.
Last month, he createda legal defense fund for Bitcoin developers.
At the same time, Block announced its buildingan open Bitcoin mining system.
It will supposedly allow developers to run solutions based on this protocol.
In response, Ethereums co-founder, Vitalik Buterin,expressed his doubtsabout the feasibility of the project.
And it makes perfect sense.
Twitter should be tapping into hot cryptocurrency trends and trying to evolve.
Change is vital if you want engaged users.
Its okay, Jack.
Maybe another meditation retreat will help you get over it.
That’s one heck of a mixed bag.
He likes to say “Bleh.
That’s one heck of a mixed bag.
He likes to say “Bleh.”
