HalfofThe
  • Home
  • Technology
    • Reviews
    • Amazon
    • Apple
    • Cars
    • Facebook
    • Google
    • Mobile
    • Samsung
    • Tesla
    • Twitter
  • News
    • Sports
    • Amazon
    • Apple
    • Business
    • Cars
    • Entertainment
    • Facebook
    • Mobile
    • Samsung
    • Science
    • Tesla
    • Twitter
  • How To
    • Amazon
    • Apple
    • Cars
    • Facebook
    • Games
    • Google
    • Mobile
    • Samsung
    • Science
    • Tesla
    • Twitter
  • Business
  • Entertainment
  • Health
    • Pets
    • What
    • Why
  • More
    • Amazon
    • Apple
    • Cars
    • Facebook
    • Google
    • Mobile
    • Netflix
    • Twitter
    • Samsung
    • Tesla
Search
  • Home
  • Technology
  • News
  • How To
  • Business
  • Entertainment
  • Health
  • More
© 2022 Halfofthe. All Rights Reserved.
Notification Show More
Latest News
What Is an XVO File? How to open it?
What Is an XVO File? How to open it?
June 25, 2022
How to see which posts you have liked on Facebook?
How to see which posts you have liked on Facebook?
June 25, 2022
3 Tools Will Help You Spot Fake Amazon Reviews
3 Tools Will Help You Spot Fake Amazon Reviews
June 25, 2022
How many people blocked me on Twitter?
How many people blocked me on Twitter?
June 25, 2022
How to Search Reddit Effectively: 4 Useful Tips and Tricks to Know
How to Search Reddit Effectively: 4 Useful Tips and Tricks to Know
June 24, 2022
HalfofThe
  • Home
  • Technology
  • News
  • How To
  • Business
  • Entertainment
  • Health
  • More
Search
  • Home
  • Technology
    • Reviews
    • Amazon
    • Apple
    • Cars
    • Facebook
    • Google
    • Mobile
    • Samsung
    • Tesla
    • Twitter
  • News
    • Sports
    • Amazon
    • Apple
    • Business
    • Cars
    • Entertainment
    • Facebook
    • Mobile
    • Samsung
    • Science
    • Tesla
    • Twitter
  • How To
    • Amazon
    • Apple
    • Cars
    • Facebook
    • Games
    • Google
    • Mobile
    • Samsung
    • Science
    • Tesla
    • Twitter
  • Business
  • Entertainment
  • Health
    • Pets
    • What
    • Why
  • More
    • Amazon
    • Apple
    • Cars
    • Facebook
    • Google
    • Mobile
    • Netflix
    • Twitter
    • Samsung
    • Tesla
  • About Us
  • Contact Us
  • Cookie Policy
  • Privacy Policy
  • Terms and Conditions
© 2022 Halfofthe. All Rights Reserved.
HalfofThe > News > Jack Dorsey about bitcoin going be a big part of Twitter’s Future
News

Jack Dorsey about bitcoin going be a big part of Twitter’s Future

Bippin
Posted Bippin July 24, 2021 August 13, 2021
Updated 2021/08/13 at 9:40 AM
5 Min Read
Jack Dorsey about bitcoin going be a big part of Twitter’s Future
Jack Dorsey about bitcoin going be a big part of Twitter’s Future

It will be a “big part” of the company’s upcoming future, said Twitter CEO Jack Dorsey about Bitcoin.  According to the Twitter rep, this is the first time Jack Dorsey spoke about bitcoin publicly in such profundity about how the globe’s towering cryptocurrency probably amalgamated into Twitter’s products.  According to the Twitter rep, this is the first time Jack Dorsey spoke about bitcoin publicly in such profundity about how the globe’s towering cryptocurrency probably amalgamated into Twitter’s products.

In-Depth analysis on Jack Dorsey about bitcoin

Twitter’s second-quarter 2021 earnings conference call happened on Thursday. Dorsey said bitcoin is the “best prospect” to become the “autochthonous currency” of the internet and that it will mean that people and companies can freely trade goods and services anywhere on the planet.  He believes that with the internet having an autochthonous currency, people will be able to move way faster with products such as Super Follows, Commerce, Subscriptions, Tip Jar. Instead of following a market-by-market approach.

Dorsey has been a stalwart bitcoin advocate for years. His other company, payments firm Square, is already betting big on crypto. Square’s Cash App allows customers to purchase and sell bitcoin. Which generated around $3.51 billion in bitcoin revenue during the first quarter this year. Dorsey has classified bitcoin as one of the three key trends for Twitter’s future, along with AI and decentralization. Dorsey also says that cryptocurrency’s current state reminds him of the early days of the internet and that there wasn’t anything more important in his life for him to work on.

Twitter is running after an enterprise called “Bluesky” to build up an open, decentralized standard for social media.

Dorsey also points out that Twitter would not be alone in the race of pursuing a crypto strategy, noting that even Facebook was advocating the digital currency, Diem.

Where to Buy Bitcoin?

Here’s what’s required – an exchange account, personal identification documents (if using a Know Your Customer (KYC) platform), a secure Internet connection, and a method of payment.

  1. You need an exchange – the most popular exchanges not decentralized and do require KYC. In United States the exchanges are Coinbase, Kraken, Gemini, and Binance U.S., just to name a few. Signing up for exchange allows one to buy or sell or hold cryptocurrency.
  2. Connect exchange to Payment option – Gather your personal documents. May include photocopies of a driver’s license, social security number and information about your employer & source of funds. Once the exchange finishes ensuring your identity and authenticity, you connect a payment option, you will be able to connect your bank account directly or connect a debit or credit card.
  3.  Place an order – After you have chosen an exchange and connected a payment option you can now buy Bitcoin and other cryptocurrencies.
  4. Safe Storage – Bitcoin/cryptocurrency wallets are a place to store ones digital assets securely.
  5. Hot wallet – Hot wallets run on internet-connected devices like computers, phones, or tablets. Best usage is for small amounts of cryptocurrency or if you are actively trading on an exchange.
  6. Cold wallet – Simple description of a cold wallet is that it’s not connected to the internet and thus bears way lowerr risk of being compromised.

You can also buy bitcoin using PayPal or credit card, Bitcoin ATMs, or P2P Exchanges.

If you liked this article (or if it helped at all), please leave us a comment below or share it with friends, so they can read about the latest news and updates.

You Might Also Like

How to see which posts you have liked on Facebook?

How many people blocked me on Twitter?

4 Ways to Disable Google Lens Image Search in Chrome

How to Enable Google Chrome Flags to Test Beta Features?

How to Hide Likes on Twitter?

TAGGED: bitcoin, jack dorsey, twitter, twitter bitcoin
Bippin July 24, 2021
Share this Article
Facebook Twitter Pinterest Whatsapp Whatsapp LinkedIn Reddit Telegram Email Copy Link Print
Posted by Bippin
Aah, I see you’re here now, looks like I finally managed to capture your attention. If you’ve come all the way here then why don’t you follow my social accounts, so that you can be on this journey with me? Say what?
Previous Article 13 best Anime of All time to watch in 2021 13 best Anime of All time to watch in 2021
Next Article Is air fried food healthy? Is Air fried food healthy? Pros and Cons of it

Trending

What Is Dragon Fruit and Does It Have Health Benefits?
What Is Dragon Fruit and Does It Have Health Benefits?
Health
How to Fix Sign Out is Not Available Due to Restrictions?
How to Fix Sign Out is Not Available Due to Restrictions?
Apple
Remove Filter from a TikTok video: 3 Easy Methods
Remove Filter from a TikTok video: 3 Easy Methods
How To Lifehacks
how to turn off flash notifications on iPhone?
how to turn off flash notifications on iPhone? Easy steps
How To Apple iPhone Lifehacks

You Might also Like

How to see which posts you have liked on Facebook?
How To

How to see which posts you have liked on Facebook?

4 Min Read
How many people blocked me on Twitter?
Twitter

How many people blocked me on Twitter?

4 Min Read
4 Ways to Disable Google Lens Image Search in Chrome
Explain

4 Ways to Disable Google Lens Image Search in Chrome

8 Min Read
How to Enable Google Chrome Flags to Test Beta Features?
How To

How to Enable Google Chrome Flags to Test Beta Features?

2 Min Read
HalfofThe
Follow US

© 2022 Halfofthe. All Rights Reserved. “As an Amazon Associate we earn from qualifying purchases.”

  • About Us
  • Contact Us
  • Cookie Policy
  • Privacy Policy
  • Terms and Conditions

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Register Lost your password?