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Monday, September 16, 2024

Former Head Of Twitter Said About The Ability Of Bitcoin To Replace The US dollar

Jack Dorsey reacted to the publication of the famous hip-hop singer Cardi B

Former Twitter CEO and co-founder of payments company Block (formerly known as Square) Jack Dorsey said Bitcoin could replace the US dollar. So Dorsey responded to the publication of the famous hip-hop artist Cardi B on Twitter.

Billy Markus, one of the Dogecoin developers, also reacted to Cardi B‘s post . Marcus jokingly replied that Dogecoin looks more stable than the US dollar.

At the end of November, Jack Dorsey announced his resignation as head of Twitter. The Board of Directors of the company approved Paraga Argavala as the new head of the technical director. Dorsey later rebranded his company Square, renaming it Block.

In early December, MicroStrategy CEO Michael Sailor stated that Bitcoin is not a competitor to the US dollar. According to Sailor, it is a global reserve asset, and the US dollar is the world currency.

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