Cryptocurrency

04/02/19 08:11 UTC-4

Twitter CEO: "Bitcoin is the national cryptocurrency of the Internet"

Twitter CEO said Bitcoin could be the national crypto coin of the Internet
Twitter CEO said Bitcoin could be the national crypto coin of the Internet

Jack Dorsey, co-founder and CEO of Twitter during a podcast with Joe Rogan, said that Bitcoin could become the national currency of the Internet – as reported by CoinTelegraph.

On February 2, the CEO of Twitter said that no matter what, he did not lose hope in the relevance of Bitcoin. According to Dorsey, Bitcoin could become the "national currency of the Internet."

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"Bitcoin was something that was born on the Internet, was developed on the Internet, tested on the Internet ... Bitcoin was created from the Internet."

 

Bitcoin and the Internet

Jack Dorsey's statement occurred during a podcast on the show by Joe Rogan, a famous comedian and businessman. As you know, the Twitter CEO has already made a similar statement in mid-May 2018. Then he also said that he was considering Bitcoin as the ideal solution for the national currency of the Internet.

The video of the interview has about 38 thousand dislikes and 5.7 thousand likes. During the podcast, Dorsey also predicted that the Internet is switching to an online work system. That is, any data created will always be online. According to him, "this is what helps to activate 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 we must make sure that we pay due attention to this."

"We are moving into a world in which everything that has been created exists forever, there is no longer centralized control over who sees what (...) these models become completely decentralized"

Twitter CEO said Bitcoin could become the national cryptocurrency of the Internet. Recall that Dorsey is also the founder and CEO of Square, a mobile payments company (which allows its customers to pay for Bitcoin services). To Rogan’s question, "are there any plans to add other cryptographic coins to the application?", Dorsey replied that they were "not".

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As you know, last December, Square was named the company of the year according to Yahoo Finance. A month earlier, Square officials reported that in the third quarter of 2018, they earned $ 43 million in Bitcoins.

Editor: Pereyidenko Ihor

See also: "Iran is negotiating with 8 countries about the use of cryptocurrency"

#cryptocurrency #blockchain #Square #Bitcoin #Twitter #Joe Rogan #podcastshow #Jack Dorsey

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