Jack Dorsey Adds “Bitcoin” to His Twitter Bio Section – Is He up to Something?

Bitcoin

Former Twitter CEO has tagged Bitcoin in his bio section on the social network he co-founded

Twitter co-founder and former CEO Jack Dorsey changed his Twitter bio section to one word, which is “Bitcoin.”

Dorsey is known to be a major Bitcoin proponent and even more so a BTC evangelist, who frequently attacks other cryptos, including Ethereum and DOGE, on Twitter.

Dorsey versus Ethereum

He has repeatedly publicly referred to Vitalik Buterin’s coin as a “single point of failure”, stating that it is centralized and owned by VC, just like Web3.

In a few recent tweets, Dorsey has again criticized Ethereum, while having a little debate with the head of FTX exchange, Sam Bankman-Fried. The latter had said in the media that he does not believe that Bitcoin has a good future as a means of payment. Dorsey engaged in a discussion with him about Bitcoin and the Lightning Network, which allows making micro Bitcoin payments fast and cheap.

Dorsey said he isn’t watching Bitcoin’s current fall (and probably isn’t paying attention to its price at all) because he’s certain BTC will rise again in the long run.

The reason for that is that more and more people have started using the leading cryptocurrency.

In early April, mainstream media reported that Jack Dorsey’s company Block (formerly known as Square) had partnered with Blockstream to mine Bitcoin in Texas, using equipment provided by Elon Musk’s Tesla. .

Here’s what “Bitcoin” in Jack’s Twitter bio could mean

Last year, Elon Musk briefly added “Bitcoin” to his Twitter bio section as well, and this happened when Tesla started accepting BTC, and then when it bought a large chunk of it.

Perhaps the fact that Dorsey is doing the same means that Jack is planning to launch ambitious new projects related to the world’s flagship cryptocurrency. This is not the first time he has added Bitcoin to his Twitter profile.

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