Over the years, Twitter co-founder Jack Dorsey has Bitcoinwear a Satoshi shirt, donate to Bitcoin Core developers, and extol the virtues of cryptocurrency.
Now, he's doubling down on his bullish stance on Bitcoin in an interview. pirate wirepredicts that the cryptocurrency will reach $1 million in 2030.
asked what it was bitcoin price That will be in 2030, Dorsey laughed. “I don't know. At least a million or more,” he said, adding, “I think we've hit that number and exceeded it.”
Dorsey called Bitcoin a “fascinating ecosystem and movement,” adding, “People who work with Bitcoin, get paid with Bitcoin, buy Bitcoin themselves, let's make Bitcoin better. “Everyone who works hard makes the entire ecosystem better.” , so the price goes up. ”
Dorsey certainly hasn't cut corners in his commitment to the Bitcoin ecosystem, with his payments company Block investing in cryptocurrencies and developing products such as Bitcoin wallets and ASIC mining chips. Last month, Dorsey's retail payments product Square announced it would allow stores to convert a portion of their daily sales into Bitcoin.
But Bullock is also reportedly attracting attention from U.S. prosecutors. NBC News The report cited sources who claimed that federal prosecutors were investigating the company for “pervasive and long-standing alleged compliance violations,” including its handling of cryptocurrency transactions from terrorist groups.
Jack Dorsey and Social Media
Much of the discussion with Mr. Dorsey pirate wire More recently, he has focused on his work in decentralized social media, including stepping down from the board of Twitter rival Bluesky and backing open-source social media protocol Nostr.
He said on Twitter that Bluesky is “literally repeating every mistake we made” and that the company is “a company with VCs and a board of directors” rather than a “truly decentralized protocol.” insisted.
Dorsey claimed that the influx of Bluesky users from Twitter has promoted “moderation tools and pushing people off the platform.”
Dorsey said Nostr is a “truly open protocol,” adding that it “was born out of something that wasn't Twitter-driven. It was a reaction to Twitter's failures.” That, he said, led him to delete his Bluesky account so he could focus on Nostr. “I also asked to be removed from the board because the protocols do not require a board and I don’t think a board is needed.”
Bluesky CEO Jay Graeber posted a response to Dorsey's comments on the social media platform, writing, “While I salute Jack for having the vision to invest in decentralized protocols, we do things differently than I did. “I have carried out my work,” he said. I think he completely understands. ”
She said Bluesky operates an “algorithmic marketplace” and moderation on the platform is configurable. “It feels like it’s going to look and feel like Twitter, because Twitter has built a protocol that can run without significant changes,” she said, adding that Bluesky has decentralized “under the hood.” Ta.
Bluesky developer Paul Frazee also took issue with Dorsey's “pure protocol” approach, arguing that “we need real products and real product thinking to drive development.” Frazee claimed Twitter was originally slated to be the first client of Bluesky's AT protocol, but Elon Musk's takeover of the social media platform “dead that straight dead.”
“I have a lot of respect for Jay,” Dorsey said, but stressed that he was “not aligned” with Brusky's approach. “I would like to see more focus on open protocols like Nostr, which hits all the attributes I was looking for when I first started this idea,” he added.
