Dorsey has talked about Bitcoin before
Ranked 11th on Cointelegraph’s top 100 most influential people in crypto and blockchain, Dorsey, who is also CEO for payments company, Square, has often spoken positively of Bitcoin.
“It was something that was born on the internet, that was developed on the internet, that was tested on the internet — it is of the internet,” Dorsey said of Bitcoin in an interview with Joe Rogan on 2019.
Twitter’s CEO likes crytpo’s decentralization
“I think the most beautiful thing about it, is there’s no one person setting the direction, and there’s no one person, on the other side, that can stop it,” Dorsey said, responding to a question regarding his stance on Bitcoin and digital currencies.
“We have something that is pretty organic in nature, and very principled in its original design,” Dorsey noted, leading into his view of Bitcoin’s whitepaper as poetry.
Earlier in April, amid struggling markets and the coronavirus pandemic, Twitter’s CEO allocated a staggering $1 billion of his capital to Start Small LLC, a COVID-19 assistance fund he initiated.