Tag Archives: Jack Dorsey

Jack Dorsey, the CEO of Twitter and Square, has more plans in the works for building out the Bitcoin network. Dorsey just announced that Square – the financial services company – is considering creating a Bitcoin mining system to decentralize mining worldwide. Decentralizing Mining for People and Business The Twitter CEO confirmed his plans in a thread on Twitter earlier today, explaining how his system will work and why it’s necessary. His ideal system would use “custom...

Bitcoin Twitter: Werden Bitcoin-Adressen auf Twitter integriert? Die Funktion Tip Jar würde sich anbieten. Aber auch Firmen-Profile würden von einem derartigen Adressfeld profitieren. Es ist bekannt, dass Jack Dorsey, der Gründer von Twitter, ein grosser Bitcoin-Enthusiast ist. Mittlerweile ist Jack Dorsey auch mit einem Team an der Entwicklung von Bitcoin-Apps dran. Diese...

Code within a recent Twitter beta suggests that the company is integrating a Bitcoin payment option for its new “Tip Jar” feature with the help of the lightning network. Tipping With Bitcoin Though Bitcoin tips are not yet available to beta users, code reveals that it could soon be implemented as a payment option alongside Cash App, Bandcamp, Patreon, Venmo, and PayPal. For the unfamiliar, users of the network will be guided through a Bitcoin tutorial, including details about...

The success of DeFi (decentralized finance) blockchain apps has not escaped the notice of Square Payments (NYSE: SQ) CEO Jack Dorsey. The engineer, businessman, and BTC advocate recently announced that his blockchain project, TBD, will enter the space by creating a Bitcoin DEX. Vitalik Buterin “Skeptical” About Bitcoin DEX In a recent interview, Ethereum co-founder Vitalik Buterin told Bloomberg Technology he wasn’t very impressed with the new endeavor. Buterin thinks it...

Square – and Twitter – CEO Jack Dorsey is not just satisfied with saying he loves Bitcoin. He is doing everything he can to realize his dream of making BTC the global currency of the internet. In Mid July, Dorsey announced the launch of TBD, a new business aimed at facilitating the creation of decentralized financial services. Today he finally revealed that the division will be in charge of developing a decentralized exchange (DEX). We’ve determined @TDB54566975’s direction:...

Jack Dorsey has proven himself to be a major bitcoin fan over the years. Now, he is taking that fandom to a whole new level. Jack Dorsey Is “Trying” Mining The man behind both Twitter – one of the largest social media platforms in the world – and Square, a digital payments platform, announced that he is trying his hand at bitcoin mining. This shouldn’t come as a surprise to anyone who has been monitoring Dorsey’s bitcoin career, as the man was one of the first...

With the passing of the infrastructure bill in the Senate, men like Mark Cuban are getting worried about what could potentially happen to the crypto space in America in the coming future. Mark Cuban Doesn’t Want Holds Put on the Crypto Space One of the most controversial things about the infrastructure bill in the United States – aside from the fact that it was passed without being fully written – was that it contained a section detailing cryptocurrency taxation. This...

The controversy surrounding the cryptocurrency taxation bill that might be passed in the United States has evoked a mixed reaction from crypto proponents. While the debate is still ongoing, Jack Dorsey, a popular Bitcoin advocate and CEO of the popular microblogging platform, Twitter, has recently shared his views on the matter. In a series of tweets today, Dorsey noted that it would be unreasonable to force these reporting rules as some firms may not have the capacity to...

With bitcoin having lost so much of its value in recent weeks, institutions that bought into the asset earlier in the year have ultimately seen their investments begin to tank. Not long ago, we reported that Tesla saw approximately $1 billion in BTC disappear since it first plugged about $1.5 billion into the asset back in February. While other companies may not have lost as much, they are certainly keeping up the losing patterns, with Square having recently joined the...

Square, the financial service company run by the BTC bull Jack Dorsey, has nearly doubled its gross profit in the second quarter of 2021 compared to the same part of last year. Interestingly, a substantial part of that increase came from the company’s Bitcoin-related services, which have blossomed since the start of 2021. Square’s Gross Profit Skyrockets The firm, based in San Francisco, announced the impressive numbers in its Q2 2021 report sent to investors recently....