News

Twitter CEO on Using Bitcoin Cash (BCH) in His New Venture: “Hell No”

Twitter and Square CEO Jack Dorsey has been ramping up his engagement in the Twitter space, after recently saying that the “internet will have a native currency” and stocking up on Bitcoin on a weekly basis.

A Twitter user jokingly tweeted Dorsey, saying that Square’s Cash App, which supports Bitcoin, could support the much-maligned Bitcoin Cash.

Dorsey emphatically denied this, with a “hell no.”

Another user asked Dorsey if any other cryptocurrencies are being considered, which also received a response in the negative:

The Bitcoin Cash project has brought much discord, and the “civil war” that resulted from the project’s hard fork were viewed by some, like Fundstrat’s Tom Lee, as an instigator for the bear market.

Dorsey appeared on the Joe Rogan Experience earlier this year and showed great interest in the principles of Bitcoin and decentralized assets:

It’s very principled, it has a strong point of view, and I love that it was put out there through pseudonymity, which just feels very internet to me…This thing that was ideated on the internet, and then created on the internet, released to it, and then continues to be developed throughout it.

His belief is backed by his actions, as the entrepreneur recently made a public announcement that Square is hiring engineers for crypto in the company.

Abhimanyu Krishnan

Abhimanyu is an engineer on paper but a writer by living. To him, the most celebratory aspect of blockchain technology is its democratic nature. While he’s hodling, he can be found reading a good book or making the local dogs howl with the sound of his guitar playing.

Share
Published by
Abhimanyu Krishnan

Recent Posts

Is A Silicon City Tech Giant Behind BlockDAG Network As Its $11.4M Presale Outcasts Floki Inu Price Surge Amid BOME Fluctuation

With Floki Inu's next bull run approaching, investors are closely monitoring its innovative token burn…

1 week ago

BlockDAG Becomes Top Crypto Investment Choice with $9.9M Presale, Beating Fantom & Apecoin

BlockDAG (BDAG) has continued to stand out with its innovative presale strategy, offering early investors…

2 weeks ago

Render and Dogecoin Price Predictions Defy Expectations As BlockDAG Emerges as the Highest ROI Crypto for 2024

As we venture into 2024, the crypto market is brimming with potential for unprecedented growth.…

2 weeks ago

Solana’s 20% Trading Spike Sparks BlockDAG Presale Interest While Memeinator Presale Reaches Edge

This analysis contrasts the flourishing momentum of BlockDAG coin's presale against the backdrop of the…

3 weeks ago

CryptoGames Review: Bitcoin and Altcoin Casino

Ever wondered what it is like to experience the extravagant casino vibes in the comfort…

2 years ago