Jack Dorsey Addresses Why He is Not into Ethereum

Jack Dorsey was very active today on Twitter, double-downing his belief in Bitcoin. He stated that people should be focusing on tech innovations that are secure and resilient, not controlled by any individuals or organisations.

Square’s CEO and former CEO of Twitter are two of the most prominent BTC supporters. He previously stated that he would quit both companies to focus on BTC. However, Dorsey believes in his ability to understand and secure systems. It is crucial that we concentrate our energy on resilient and secure technologies owned by the majority of people, not just individuals. Only this foundation can provide the necessary tools for the applications you referred to.

— jack

(@jack), December 21, 2021

Another Twitter conversation was held today by Dorsey. He answered a question from Cardi B, a rapper from the US, about whether cryptocurrencies would replace the US dollar. Square CEO said “yes” but stressed that Bitcoin would replace the US dollar, and not all digital assets.
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