Jack Dorsey Disses Ethereum, Web3 In Twitter Rampage

2021-12-23 23:30

Twitter ex-CEO Jack Dorsey has admittedly never been a fan of Ethereum and has been quite open about his stance on the cryptocurrency. Dorsey has always been a Bitcoin maximalist through and through, showing support for the pioneer cryptocurrency at every turn. Even going as far as stepping down as Twitter CEO to focus more on Block, a venture which focuses solely on building with bitcoin.

Despite being vocal about not being a supporter of ethereum, Dorsey does get asked a fair bit what he thinks about the asset and the blockchain as a whole. It’s one of these instances that led Dorsey to once again show that he does not support the digital asset.

Related Reading | Bitcoin Leads As Markets Sees Record Outflows. Bear Market Incoming?

Dorsey Does Not Support Ethereum

With Dorsey focusing all of his energy on building with bitcoin, others have brought up the possibility of the Block CEO integrating other blockchains into his work. A Twitter user by the name of cdixon once again posed the possibility of the CEO to work with ethereum and other blockchains, stating that there were other applications of cryptocurrencies that would require other chains.

Dorsey had responded to the tweet with a clear and concise tweet. The tweet, once again, leaned greatly towards support for bitcoin as the CEO explained that only secure and resilient technologies should be used, alluding to the centralized nature of the ethereum blockchain.

“I believe in you and your ability to understand systems. It’s critical we focus our energy on truly secure and resilient technologies owned by the mass of people, not individuals or institutions. Only that foundation will provide for the applications you allude to.”

ETH price falls below $4,000 | Source: ETHUSD on TradingView.com Coming For Web3

Dorsey’s tirade against centralized systems did not end with the ethereum blockchain. Web3, the new baby of the innovative technology space, also drew criticism from the CEO. He tweeted saying that users did not actually own web3. Instead, that it belonged to the VCs and the LPs who are currently investing heavily in the space. Alluding to the fact that the incentives of these VCs and LPs will always impact it.

https://twitter.com/jack/status/1473139010197508098?s=20

Related Reading | Ethereum Exchange Withdrawals Reaches One-Year Low. Why This Matters

The tweet itself had drawn criticism from those involved in the web3 space who poured out to counter the views of the CEO.

Dorsey went on to further mock the technology alongside SpaceX CEO Elon Musk. Joining the discussion, Musk had tweeted saying, “Has anyone seen web3? I can’t find it.” To which Dorsey had mockingly replied that “It’s somewhere between a and z.”

Featured image from Ripples Nigeria, chart from TradingView.com

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Global Cryptocurrency (GCC) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Цена в час новости $ 0.0034358 (-100%)

dorsey jack through twitter ethereum cryptocurrency bitcoin

dorsey jack → Результатов: 126


Фото:

Square Publishes White Paper Detailing Jack Dorsey’s Plans For Decentralized Bitcoin Exchange

Square, a financial services company led by Twitter’s Jack Dorsey, published a guiding document on Friday outlining plans for a decentralized exchange dubbed tbDEX. Jack Dorsey’s DEX Will Provide Users With Fiat Ramps Square is famous for allowing users to buy, sell and spend bitcoin on its Cash App. Now, the firm is expanding its […]

2021-11-21 16:39


Bitcoin Can ‘Definitely’ Become the World’s Main Currency; It’s Poetry: Jack Dorsey

“I believe that the Internet deserves and requires a native currency and that's why I'm such a huge believer in Bitcoin,” said the co-founder and CEO of Twitter Jack Dorsey. Dorsey appeared on the AI Podcast with Lex Fridman, a research scientist at MIT working on human-centered artificial intelligence where he talks about the biggest […]

2020-4-28 22:39


Фото:

How Twitter’s Jack Dorsey became Bitcoin’s unlikely champion

Blockchain has a new unexpected hero: Twitter’s Jack Dorsey. Although up until recently the cryptocurrency community would routinely grill Dorsey over Twitter’s notorious Bitcoin giveaway scam epidemic, the micro-blogging service’s chief has found a new fandom among staunch Bitcoin supporters; and it all began on the Joe Rogan’s podcast, The Joe Rogan Experience.

2019-2-12 20:08


Фото:

Square намерена интегрировать Lightning Network в приложение Cash

В платежное приложение Cash App от Square в ближайшее время может быть интегрировано решение второго уровня Lightning Network (LN) для масштабирования сети биткоина. Генеральный директор Square и Twitter Джек Дорси (Jack Dorsey) сообщил об этом в интервью Стефану Ливера (Stephan Livera).

2019-2-12 14:12


Casa CEO Says Square Cash App Adding Lightning Network Support Would be Huge

The Lightning Network (LN) seems to be having a good moment in social networks. The founder of Twitter Jack Dorsey has been giving several positive comments related to the LN and Bitcoin (BTC). During the last year, the development of this second layer scaling solution for Bitcoin has experienced impressive growth. Now there are more […]

2019-2-12 02:22


Фото:

Jack Dorsey: Lightning Coming To Square Cash App Is ‘When’, Not ‘If’

Twitter CEO Jack Dorsey has all but confirmed that Bitcoin’s Lightning Network will feature in the payment wallet and app built by his other company, Square. Focus On Speed And Efficiency Speaking on the Stephan Livera podcast February 11, Dorsey, joined Lightning Labs CEO Elizabeth Stark in discussing Lightning’s ideals and his personal belief in the protocol.

2019-2-11 19:00


Twitter CEO: It’s not an “If”, It’s a “When” – Square’s Cash App Integrating Lightning Network

The CEO of Twitter and Square, Jack Dorsey, has said that the company’s Cash App will integrate Bitcoin’s Lightning Network and that it’s only a matter of time for it to happen. “When” Not “If” Square’s mobile payment service – the Cash App, available for both Android and iOS, will eventually integrate Bitcoin’s scaling solution […] Twitter CEO: It’s not an “If”, It’s a “When” – Square’s Cash App Integrating Lightning Network originally published on My Bitcoin News by Gines Bravo.

2019-2-11 18:30


Twitter CEO Says Square’s Cash App Integrating Lightning Network is a Matter of Time

The CEO of Twitter and Square, Jack Dorsey, has said that the company’s Cash App will integrate Bitcoin’s Lightning Network and that it’s only a matter of time for it to happen. “When” Not “If” Square’s mobile payment service – the Cash App, available for both Android and iOS, will eventually integrate Bitcoin’s scaling solution […] Twitter CEO Says Square’s Cash App Integrating Lightning Network is a Matter of Time originally published on My Bitcoin News by Gines Bravo.

2019-2-11 18:30


Криптокошельки Samsung и Opera ускорят массовое внедрение биткоина

На прошлой неделе популярный интернет-браузер Opera интегрировал возможность покупки криптовалют в мобильном приложении на базе Android. Это произошло спустя меньше трех месяцев после того, как компания объявила о планах изучения технологии блокчейна.

2019-2-10 20:54


Фото:

Bitcoiners Call For Elon Musk to Accept the Lightning Network Torch

Participants in the ongoing Lightning Torch Bitcoin transaction relay have turned their attention to involving Tesla CEO Elon Musk after Twitter’s Jack Dorsey joined this week. First Dorsey, Now Musk? Lightning Torch, which involves users of Bitcoin’s Lightning Network implementation sending a transaction between themselves, increasing its value with each stop, has gained a loyal following since it launched January 19.

2019-2-7 19:00


Bitcoin Only: Square CEO Jack Dorsey Doesn’t Care for Other Cryptocurrencies on Popular ‘Cash’ App

Square and Twitter CEO Jack Dorsey has made it very clear that Square will only support Bitcoin (BTC) in the foreseeable future. On February 6, in response to some members of the cryptocurrency community inquiring about potential Square integrations, Dorsey said: Nah — jack (@jack) February 5, 2019 He also expressed his enthusiasm towards the Lightning Network, a second-layer scalability solution that enables instantaneous payments on Bitcoin.

2019-2-7 18:13


Генеральный директор Twitter поддержал инициативу Torch Lightning Network

Генеральный директор Twitter Джек Дорси (Jack Dorsey) неожиданно стал героем отраслевых СМИ после того, как присоединился к развитию Lightning Network и заявил, что никогда не будет владеть альткойнами.

2019-2-7 18:01


Twitter CEO Loves Lightning on Bitcoin: is it the Future of Fast, Instant Payments?

On Tuesday, Jack Dorsey, one of the most well-known characters in Silicon Valley, just exposed his four million followers to Bitcoin (BTC) in a surprising turn of events. To the surprise of many, Dorsey, the incumbent chief executive of both Twitter and crypto-friendly Square, two technology upstarts valued at $54 billion collectively, publicly accepted a.

2019-2-6 16:02