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Jack Dorsey has thrown his weight behind Bitcoin, predicting that it will become the native currency. Bitcoin has come under fire lately, with some sharing concerns about the environmental impact of its mining. However, Dorsey says he is extremely bullish about the future of the cryptocurrency. While addressing students at the Indian Institute of Technology (IIT), Twitter’s Co-Founder Jack Dorsey says he is extremely bullish about the future of Bitcoin (BTC/USD). The tech billionaire also admitted that he would have been working on Bitcoin if he wasn’t at Square or Twitter. He added that he may consider leaving them for Bitcoin if the cryptocurrency needed more help than those firms. ....
Twitter CEO Jack Dorsey, Jay-Z Announce Bitcoin Endowment Btrust With Initial Focus on India, Africa “It’ll be set up as a blind irrevocable trust, taking zero direction from us,” Jack Dorsey, 44, said on Twitter while announcing his Bitcoin endowment Btrust. By Jagmeet Singh | Updated: 12 February 2021 13:49 IST Photo Credit: Reuters Highlights He’s looking for three board members to start the new development Dorsey showed his interest and support in Bitcoin earlier as well Twitter CEO and Co-Founder Jack Dorsey on Friday announced that he was giving BTC 500 (approximately Rs. 172 crores) along with American rapper Shawn Corey Carter famously known as Jay-Z to launch a new endowment called Btrust. It will be aimed at funding Bitcoin development, with initial focus in Africa and India, the executive said. The latest move by Dorsey comes at a time when the Indian government is looking for ways to ban all � ....