Twitter CEO, Jack Dorsey Buys $10,000 Worth BTC A Week

Twitter CEO and Cash App CEO, Jack Dorsey may buy lot of bitcoins reaching a limit of $10,000 bitcoins on his own Cash App platform. Dorsey believes that Bitcoin is internet’s native currency. In an interview he said that

[Bitcoin] 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.

In February, Dorsey claims that the only crypto he holds is Bitcoin. He also claimed that the Bitcoin Bull run is what excites him to invest in Bitcoin.

Interview Podcast

In an interview podcast, Dorsey claims that his social media platform had targeted conservatives. Also, admitted they had likely acted too swiftly in banning some right-wing users, and could not explain their reasons.

“Probably our team having a lack of context into actually what’s happening. We would fully admit we probably were way too aggressive when we first saw this as well, and made mistakes.”

The chief legal officer, Vijaya Gadde, also discussed accusations of the company catering to liberal viewpoints. She defended Twitter’s decision speaking to Rogan that the company made a proper research on the incidents.

Hence came to a conclusion that “thousands of thousands” tweets were directed at small number of journalists. She also explained further that receiving huge number of tweets in a short span can create a harassment kind of a feeling.

Gadde explained that several accounts sending tweets were ban evasion accounts. This means they were previously in suspension. Adding to which she said the tweets appear as a “coordinated harassment campaign.” The memes sent to journalists were on 4chan.

Gadde also wants the reasoning behind Twitter’s decision should appear more clear to the public. She also said,

“We’re thinking of doing something we call case studies. Essentially, this is our case law. This is what we use. And so high profile cases, cases people ask us about, like to actually publish this so that we can go through, you know, tweet by tweet just like this.”

Recently, the CEO of the cybersecurity giant Kaspersky, Eugene Kaspersky, states that he believes in a 100 years’ time the world will be united under a single government. Hence this will have a single digital currency. However, Kaspersky, claims that “cryptocurrencies are a great idea, but the world is not ready for them yet.”

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Elena R

Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing - accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.

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