The Next Move For Jack Dorsey After Stepping Down From Twitter Is To Fully Immerse Himself In Bitcoin

The Next Move For Jack Dorsey After Stepping Down From Twitter Is To Fully Immerse Himself In Bitcoin
фото показано с : zycrypto.com

2021-12-1 19:56

Jack Dorsey has announced his retirement as CEO from Twitter, handing the reins to Parag Agrawal.Analysts point that Jack Dorsey now has free time on his hands to immerse himself in Bitcoin.The 45-year old has shown a deep interest in Bitcoin with his fintech company Square holding BTC on its balance sheets.

Jack Dorsey steps down from his role as Twitter CEO leaving him with spare time. Analysts have pointed out that the allure of cryptocurrencies was simply hard to resist for the ex-twitter CEO.

From Twitter To Bitcoin

In an internal memo to the Twitter team, Jack Dorsey made known his decision to step down from his role as company CEO. he revealed that company CTO, Parag Agrawal will become the new CEO while Bret Taylor will become the board chair. Being a known Bitcoin believer, it is difficult to imagine Jack Dorsey working on something different aside from Bitcoin.

“If I were not at Square or Twitter, I’d be working on bitcoin,” said Dorsey at a Bitcoin conference this year. “If it needed more help than Square or Twitter, I would leave them for Bitcoin.”

His interest in Bitcoin ran deep and in 2018, he referred to the Bitcoin Whitepaper as nothing but poetry. “I think the Bitcoin whitepaper is one of the most seminal works of computer science in the last 20 or 30 years,” he said on Lex Fridman’s podcast. His Bitcoin passion saw him introduce the Bitcoin tipping feature on Twitter and saw his other company, Square, increase its Bitcoin holding to over 8,000 BTC.

As Square’s CEO, he had hinted that the company could build a bitcoin mining system that will be open source for individuals and institutions around the globe. In November, Square released a white paper that unveiled its plan to create a decentralized exchange for trading cryptocurrencies and has also announced that it had begun building its hardware wallet.

Might Still Be A Lot To Juggle

For months, it seemed Jack Dorsey had his attention divided between Twitter and Square, birthing rumors that he was a part-time CEO at Twitter. While Bitcoin looks like the obvious route for Dorsey, he might not take the plunge right away and might take time to recalibrate. Dorsey spent 16 years at Twitter and acted as co-founder, CEO, Chair, Exec Chair, and interim CEO at various times.

Dorsey still has to run Square, a payments company he co-founded in 2009 and serves as the CEO. With revenue surpassing $9 billion in 2020, Square is a big deal and requires the attention of Dorsey. Jack Dorsey also seats on the board of the Berggruen Institute, an independent think tank, and announced that he will remain on Twitter’s board until the end of his term to help the new executives transition into their new roles.

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Источник: zycrypto.com

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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


Фото:

Jack Dorsey Hints Bitcoin Lightning Payments Are Coming to Twitter

Twitter CEO Jack Dorsey has become the unlikely hero of Bitcoin social media after he joined the Lightning Network and said he would never own any altcoins. Jack Dorsey Joins Lightning Network In a tweet February 6, Dorsey confirmed his participation in the Lightning Network’s Torch initiative, a relay transaction started by a community member last month.

2019-2-6 14:00


Bitcoin is the Only Crypto Asset for Twitter’s Jack Dorsey as He Uses BTC’s Lightning Network

A recent initiative was launched by a pseudonymous Twitter user, promoting the reach and functionality of the Lightning Network with an experiment called the “lightning torch.” Each person in the lineup is meant to send the accumulated amount to someone else that they think will pass on the BTC. One of the most recent recipients […]

2019-2-6 08:11


Watch: Twitter CEO Jack Dorsey Pumps Bitcoin on Joe Rogan’s Podcast

Joe Rogan may have landed his biggest guest yet on his popular podcast, the Joe Rogan Experience: Jack Dorsey, the founder and CEO of Twitter and Square and an avowed Bitcoin bull. Joe Rogan Experience #1236 – Jack Dorsey In a wide-ranging two hour interview published Saturday, Jack addressed a number of topics, including questions about Twitter censorship, doxxing, “SmirkGate,” Donald Trump, Alex Jones, the nature of tech giants, the future of the Internet, and Bitcoin.

2019-2-3 21:11


Jack Dorsey’s Square Surpasses Twitter with $30 Billion Market Value as Bitcoin Business Begins to Boom

Jack Dorsey is known for a lot of things in his career with technology and finance, but the two companies he owns that seem to have performed exceedingly well have been Square and Twitter. Square is a financial services provider that helps users make mobile payments through an app, while Twitter is a wildly popular […]

2018-11-7 01:33


Jack Dorsey’s Payments Startup Square Open-Sources Bitcoin Cold Storage Solution

San Francisco-based mobile payments firm Square announced it is open-sourcing its Bitcoin cold storage solution, which is now available on Github. Mobile Payments Startup Square Open-Sources Hardware Security Modules (HSMs) and Wallet Auditing Tool The company founded by Jack Dorsey, who is also CEO of Twitter, has built out its cryptocurrency infrastructure when it started.

2018-10-23 23:00


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