Twitter CEO Jack Dorsey announced that he was actively buying Bitcoin cryptocurrency On March 4, speaking in a Tales from the Crypt podcast, Dorsey said that he even exceeded the "limit" of BTC purchases in the Cash App from Square.
Jack Dorsey, CEO of the popular Twitter social network, is known for his positive attitude to cryptocurrencies. Last month, a Bitcoin payments feature was added to Twitter, and Dorsey himself boasted about buying Casa Bitcoin nodes a week ago – as Cryptobit Media already wrote.
Interesting in the section: Strengths and weaknesses of Вitstamp
Jack Dorsey – buying a Bitcoin Enthusiast
The Cash App application mentioned in the podcast is a payment network for cashless payments. The Cash App was developed by Square, whose director is also the founder of Twitter.
In March of this year, the Cash App reported on the "Stacking Sat Saturday" competition. According to the terms of the "action", the application offers automatic purchase of "digital gold" every week. The optimal amount to buy BTC in the Cash App, as indicated on the website, is $ 25.
"– And will you take part in Stacking Sat Saturday?
– I would love to accept it, but I have already exceeded the possible limit (...) Next week, maybe I will join" – from the podcast on Tales from the Crypt.
Recall that the maximum limit of purchases in the application is 10,000 US dollars. At the same time, the limit is updated every week. Therefore, it can easily be concluded that for Jack Dorsey last week brought a large crypto purchase.
Interesting in the section: BitPay Wallet for storing Bitcoin
Twitter CEO bought Bitcoin worth $ 10,000 in one week. As you know, Jack Dorsey is a supporter of the blockchainBlockchain
is a continuous and sequential block chain of information (digital linked list). When building a blockchain, copies of related blocks are simultaneously stored on multiple computers.Details and cryptocurrency. Recall that the director of the Digital Currency Group, Barry Silbert, added Dorsey to his "Bitcoin Bulls and Bears list".
Editor: Godfrid Brower