Twitter founder: Bitcoin in its decentralized form is suitable for the Internet
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Answer Twitter founder: Bitcoin in its decentralized form is suitable for the Internet
Jack Dorsey, founder and CEO of Twitter, is known for his penchant for and admiration for bitcoin, having made several positive statements about bitcoin in the past.
On Wednesday, Jack Dorsey spoke about his decision to ban US President Donald Trump from using the Twitter platform, which he confirmed was the right decision for Twitter.
He told “Dorsey” that he does not celebrate or feel proud of this step towards banning US President “Trump”, but rather the decision came after a clear warning, with “Dorsey” indicating that he received several threats to physical safety inside and outside Twitter.
I will continue my lessons illustration Through 13 tweets he sent, he told by saying:
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The decision to ban the President of the United States of America from using Twitter was correct, but on the other hand, it ultimately failed on our part to promote healthy conversation.
This is a dangerous precedent for an individual or company that wields so much power over a portion of the global public conversation.
There are other companies that have made such decisions, such as Facebook being another big giant that has done the same thing.
Dorsey added:
In the long run this would be devastating to the noble goal and ideals of the open internet.
For our part, we are trying to amend our policy and make the platform available for everyone to use.
But if people don’t agree with our rules, they can simply switch to another internet service.
But he stressed at the same time that Twitter needs more transparency in operations such as this.
That is why he has so much passion for Bitcoin, which he said could one day become the internet currency.
Dorsey recently talked about Bitcoin by saying:
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The reason why I am so passionate about Bitcoin is largely because of the model it offers.
As Bitcoin is a basic internet technology that is not controlled or influenced by any individual or entity.
Dorsey, founder of the Bitcoin-supported payment company Square, added:
This is what the Internet wants.
Dorsey has been demanding an open and decentralized standard for social media, and to this end he is currently developing Project Bluesky, which will provide a decentralized social platform.
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