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 BTC supporters; and it all began on the Joe Rogan’s podcast, The Joe Rogan Experience. Following a heated backlash from free speech activists, Dorsey embarked on an unusual podcast media run to discuss Twitter‘s code of conduct, its policies on censorship, how those rules are enforced, and how the platform aims to tackle content policing in the future. But all of these matters were overshadowed when Dorsey revealed fascination with decentralized tech and Bitcoin. “I believe the internet will have native currency.” Dorsey told Rogan. “I don’t know if it’s Bitcoin, [but] I think it will be given all the tests it’s been through, the principles behind it, and how it was created.” “[Bitcoin] is something that was born on the internet, that was developed on the internet, that was tested on the internet,” he continued, “it is of the internet.” Just like that, Dorsey became the talk of the (blockchain) town. Indeed, his remarks on Bitcoin swiftly flooded pretty much every blockchain discussion on Twitter – and similarly, cryptocurrency media loudly celebrated Dorsey’s endorsement of decentralized tech. Unlike stereotypical “blockchain influencers” (blockchainfluencers?) selling unrealistically overhyped visions of the technology, Dorsey surfaced as someone genuinely interested in what Bitcoin and cryptocurrencies can do for the regular internet user right now. Not only that, Dorsey had already put his money where his mouth is by enabling Bitcoin purchasing on Square’s Cash App (where he also acts as a CEO) in early 2018. “The reason we enabled the purchasing of Bitcoin within the Cash App is [because] we wanted to learn about the technology,” he
Read More