Cryptocurrency Analysis

[IFX_Selena]

Jack Dorsey wants to integrate Bitcoin on Twitter



One of the most ardent crypto experts and bitcoin fans, Jack Dorsey, said that bitcoin can play a significant role in the future of Twitter. Jack Dorsey is known for being one of the most significant fans of bitcoin and a holder with experience. His company Square is working on creating a wallet for storing BTC, as well as on launching a Bitcoin DeFi platform.

At the B Word conference, Elon Musk, Dorsey and Katie Wood discussed the future of bitcoin and came to a consensus that bitcoin has very good growth prospects in 2021.

Dorsey continues to praise bitcoin and sing its praises. This year, his company has already bought about 3,300 bitcoins worth about $170 million. It seems that Dorsey either believes very blindly in cryptocurrency, or he really knows something that others cannot understand.

On Thursday, at a teleconference on Twitter, Dorsey began talking about clean energy, the environmental orientation of bitcoin, mining, and he also mentioned that digital gold can be included in Twitter products and services. This may mean that this year Dorsey will launch a large-scale process to integrate cryptocurrency into his system.

Dorsey is certain that bitcoin is ahead of all other altcoins, the crypto asset is truly the national currency of the Internet. The properties of bitcoin will allow institutions to conduct business from anywhere in the world.

Dorsey said on a teleconference: "I believe that this is an integral part of our future. In my subjective opinion, there are many innovations in the 21st century in addition to fiat funds that need to be stored, especially when we think about the global decentralization of social networks and the provision of additional economic incentives. Therefore, I think that this is a subject of extraordinary importance for Twitter and the shareholders of the social network to actively invest in bitcoin."

Twitter is planning to integrate bitcoin with its products in the very near future, such as Commerce, Subscriptions, Super-Subscribers, and a Tip Bank.





Vitaly Kolesnikov
Analytical expert
InstaForex Group © 2007-2021