Jack Dorsey: Diem was a waste of time, Meta should’ve focused on BTC
Dorsey said that although Facebook probably started Diem for “the right reasons,” it should’ve used an open-ended protocol like Bitcoin rather than attempting to create its own currency. Twitter founder Jack Dorsey said that Meta’s failed cryptocurrency project Diem was “wasted effort and time,” and it should have focused its efforts on “making Bitcoin more accessible for everyone.”MicroStrategy CEO Michael Saylor interviewed Dorsey on Tuesday at his company’s “Bitcoin for Corporations 2022” conference about how corporations could integrate and use Bitcoin (BTC).Dorsey said that although....
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Jack Dorsey, the founder of Twitter, recently said that the project is a complete waste of effort and time. Dorey stated that such actions should have been directed positively by using Bitcoin, ensuring increased accessibility for everybody. As the popularity of cryptocurrency increased, the crypto space also brought many advancement opportunities for companies, businesses, and […]
Coming every Saturday, Hodlers Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more a week on Cointelegraph in one link.Top Stories This WeekHodlers beware! New malware targets MetaMask and 40 other crypto wallets According to a report from security researcher 3xp0rt, a powerful new malware variant known as the Mars Stealer, an upgrade of the information-stealing Oski trojan of 2019, can target more than 40 browser-based crypto wallets, including....
Reports have surfaced that Twitter CEO Jack Dorsey will be stepping down from his executive role with the company. But what might the Bitcoin supporter be focused on next and will it directly involve the leading cryptocurrency by market cap? CNBC: Jack Dorsey To Step Down At Twitter CEO According to CNBC’s David Faber, sources […]
Meta, formerly Facebook, is reportedly in talks with investment bankers to sell its assets in the cryptocurrency project Diem, formerly Libra. The diem USD stablecoin was supposed to be issued by Silvergate Bank but it failed to get regulatory approval. Meta Reportedly Seeking Buyers for Diem Crypto Project Mark Zuckerberg’s Meta, formerly Facebook, is trying to sell its assets in the cryptocurrency project Diem, formerly Libra, Bloomberg reported Tuesday, citing people familiar with the matter. Meta owns about a third of the venture; the rest is owned by other members of the Diem....
Jack Dorsey, CEO of Twitter, hinted at the possibility of integrating Lightning Network into Twitter yesterday. Dorsey answered a Tweet of a follower saying it was “just a matter of time” for this to be a fact. Dorsey is a big Bitcoin proponent and has extended Bitcoin functionality to another of his companies, Square. Jack Dorsey Hints at Twitter/Lightning Network Integration Jack Dorsey hinted yesterday at the possibility of integrating Lightning Network into Twitter. Dorsey stated it was “only a matter of time” for this to happen, answering a follower’s....