Jack Dorsey, Twitter chief executive and founder of Square, a financial payments company, says that he is planning to integrate Bitcoin features on Twitter.
He said that Twitter’s existing features such as “Subscriptions,” “Commerce,” “Super Follows” and “Tip Jar” have the big potential to offer Bitcoin services. Dorsey said that Bitcoin would certainly be a big part of Twitter and it’s only a matter of time before it can be a reality.
Twitter’s future
Artificial intelligence and decentralized features are just some of the advanced technologies that will be integrated on Twitter. But aside from these things, Dorsey is particularly excited about integrating Twitter with Bitcoin capabilities.
Dorsey said: “I think it’s hugely important to Twitter and to Twitter shareholders that we continue to look at the space and invest aggressively in it.”
Also, there is a high need for Twitter to expand its presence in the crypto space as one of its main social media rivals, Facebook, has been making big crypto steps with its Libra project.
While the two rivals are both venturing into the crypto sphere, their main difference is that Twitter would only focus on Bitcoin as a native currency.
Certified Bitcoin fan
Dorsey has long been known as a Bitcoin fan and never fails to advocate and praise the world’s leading cryptocurrency. But it is only now that he became vocal and more detailed as to how Bitcoin would play a part in Twitter’s future.
The Twitter top honcho purchased 4,709 bitcoins in October last year and another 3,318 new ones last February of this year through his Square company.
He also said that Square is currently developing a self-custody Bitcoin hard wallet which will further strengthen its presence in the highly competitive crypto space.
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