Arab Press

بالشعب و للشعب
Saturday, May 31, 2025

Twitter CEO Jack Dorsey signalled his enthusiasm for bitcoin again, saying it is the most important thing to work on in his lifetime

Twitter CEO Jack Dorsey signalled his enthusiasm for bitcoin again, saying it is the most important thing to work on in his lifetime

"If I were not at Square or Twitter, I would be working on bitcoin," Jack Dorsey told a conference in a speech that heaped praise on the cryptocurrency.

Bitcoin enthusiast Jack Dorsey spread further positivity about the cryptocurrency on Friday, CNBC reported.

"Bitcoin changes absolutely everything," the Twitter and Square CEO said at the Bitcoin 2021 Conference. "I don't think there is anything more important in my lifetime to work on."

He continued: "If I were not at Square or Twitter, I would be working on bitcoin. If [bitcoin] needed more help than Square or Twitter, I would leave them for bitcoin."

According to Dorsey, bitcoin is capable of creating a new financial system that is more inclusive and supportive for neglected communities, per CNBC.

He also sees cryptocurrency as a way to protect against currency depreciation and quicken international transactions for people all over the world.

This is why Dorsey and Jay-Z partnered on a new bitcoin endowment in February, which will be focused on developing the cryptocurrency in India and Africa.

Called "₿trust," the endowment was funded with an initial investment of 500 bitcoin, worth roughly $23.6 million.

"I don't think there is anything more enabling for people around the world," Dorsey said.

Dorsey has always been a staunch supporter of bitcoin among a sea of critics, some of whom have described the cryptocurrency as "disgusting" and worthless.

Insider reported in May that the tech mogul believes bitcoin changes everything for the better and that he would work "forever" to improve the cryptocurrency. He followed up by saying that "no single person (or institution) will be able to change [the cryptocurrency], or stop it."

Back in March, Dorsey sold his first tweet as an NFT, converted the proceeds of the sale into bitcoin, and then donated it to Give Directly's Africa Response.

Newsletter

Related Articles

Arab Press
0:00
0:00
Close
Meta and Anduril Collaborate on AI-Driven Military Augmented Reality Systems
EU Central Bank Pushes to Replace US Dollar with Euro as World’s Main Currency
European and Arab Ministers Convene in Madrid to Address Gaza Conflict
Head of Gaza Aid Group Resigns Amid Humanitarian Concerns
U.S. Health Secretary Ends Select COVID-19 Vaccine Recommendations
Trump Warns Putin Is 'Playing with Fire' Amid Escalating Ukraine Conflict
India and Pakistan Engage Trump-Linked Lobbyists to Influence U.S. Policy
U.S. Halts New Student Visa Interviews Amid Enhanced Security Measures
Trump Administration Cancels $100 Million in Federal Contracts with Harvard
SpaceX Starship Test Flight Ends in Failure, Mars Mission Timeline Uncertain
King Charles Affirms Canadian Sovereignty Amid U.S. Statehood Pressure
Iranian Revolutionary Guard Founder Warns Against Trusting Regime in Nuclear Talks
Netanyahu Accuses Starmer of Siding with Hamas
Calls Grow to Resume Syrian Asylum Claims in UK
UAE Offers Free ChatGPT Plus Subscriptions to Citizens
Denmark Increases Retirement Age to 70, Setting a European Precedent
Iranian Director Jafar Panahi Wins Palme d'Or at Cannes
Israeli Airstrike Kills Nine Children of Gaza Doctor
Lebanon Initiates Plan to Disarm Palestinian Factions
Iran and U.S. Make Limited Progress in Nuclear Talks
Trump Administration's Tariff Policies and Dollar Strategy Spark Global Economic Debate
OpenAI Acquires Jony Ive’s Startup for $6.5 Billion to Build a Revolutionary “Third Core Device”
Turkey Weighs Citizens in Public as Erdoğan Launches National Slimming Campaign
UK Suspends Trade Talks with Israel Amid Gaza Offensive
Iran and U.S. Set for Fifth Round of Nuclear Talks Amid Rising Tensions
Russia Expands Military Presence Near Finland Amid Rising Tensions
Indian Scholar Arrested in Crackdown Over Pakistan Conflict Commentary
Israel Eases Gaza Blockade Amid Internal Dispute Over Military Strategy
President Biden’s announcement of advanced prostate cancer sparked public sympathy—but behind closed doors, Democrats are in panic
Mount Lewotobi Laki-Laki Erupts Again, Spewing Ash Cloud over Flores Island
Indian jet shootdown: the all-robot legion behind China’s PL-15E missiles
The Chinese Dragon: The True Winner in the India-Pakistan Clash
Australia's Venomous Creatures Contribute to Life-Saving Antivenom Programme
The Spanish Were Right: Long Working Hours Harm Brain Function
Did Former FBI Director Call for Violence Against Trump? Instagram Post Sparks Uproar
US and UAE Partner to Develop Massive AI Data Center Complex
Apple's $95 Million Siri Settlement: Eligible Users Have Until July 2 to File Claims
US and UAE Reach Preliminary Agreement on Nvidia AI Chip Imports
President Trump and Elon Musk Welcomed by Emir of Qatar Sheikh Tamim with Cybertruck Convoy
Strong Warning Issued: Do Not Use General Chatbots for Medical, Legal, or Educational Guidance
NVIDIA and Saudi Arabia Launch Strategic Partnership to Establish AI Centers
Trump Meets Syrian President Ahmad al-Shara in Historic Encounter
US and Saudi Arabia Sign Landmark Agreements Across Multiple Sectors
Why Saudi Arabia Rolled Out a Purple Carpet for Donald Trump Instead of Red
Elon Musk Joins Trump Meeting in Saudi Arabia
Trump says it would be 'stupid' not to accept gift of Qatari plane
Quantum Computing Threatens Bitcoin Security
Michael Jordan to Serve as Analyst for NBA Games
Senate Democrats Move to Censure Trump Over Qatar Jet Gift
Hamas Releases Last Living US Hostage from Gaza Amid Ongoing Conflict
×