Jack Dorsey, known for his belief in Bitcoin, gives a short but very convincing statement suggesting that he is not interested in cryptocurrencies. What is behind such a radical stance?
Interesting provocation, even more interesting response
One Twitter user who goes by the pseudonym packanimalETH suggested that since Dorsey is watching users like udiWertheimer and jebusem911, it is only a matter of time before he invests in Ethereum himself.
Dorsey, noting the developing discussion on this issue, decided to respond:
As you can see, it was “No.”
The former Twitter CEO is considered a Bitcoin Maximalist by the community. This means that he is confident towards Bitcoin and not necessarily towards the rest of the cryptocurrency market. This short statement seems to confirm that despite the passage of time, his attitude does not change.
It is interesting to note that he gave the same one-word statement about Ethereum, back in February 2019. At the same time, the Whitepaper chalked up Bitcoin as poetry.
His focus has always been on making Bitcoin the currency of the internet and making sure no other coin can threaten it in this regard. He has repeatedly pointed out that the current financial system is completely broken and needs a complete overhaul. He pointed out that BTC is the solution to this problem. During the Bitcoin 2021 conference in Miami, he famously said that Bitcoin “absolutely changes everything” and is the most important thing to work on. Some time ago he also published information that if he leaves his job for Twitter, he will focus on developing the ecosystem of the biggest cryptocurrency. These words over time turned into action.
Currently, Jack Dorsey, standing at the head of a branch of Block called Spiral, develops the Lightning Network. Among other things, he is working on creating a new hardware wallet that will also be integrated with the LN.
Jack’s attitude presented in the tweet is therefore not surprising. At the same time there is no indication that it should change.