Bitcoin Believer Jack Dorsey Steps Down As Twitter CEO, But For What?

2021-11-30 18:30

Reports have surfaced that Twitter CEO Jack Dorsey will be stepping down from his executive role with the company. But what might the Bitcoin supporter be focused on next and will it directly involve the leading cryptocurrency by market cap?

CNBC: Jack Dorsey To Step Down At Twitter CEO

According to CNBC’s David Faber, sources close to the matter have revealed that Jack Dorsey, CEO of Twitter and Square, Inc. would be stepping down from his role in charge of the social media platform. CNBC has shared very little details beyond the revelation itself.

Related Reading | Running Bitcoin: Passing The Torch From Hal Finney To Jack Dorsey

It is not yet clear who might replace Jack Dorsey at the helm of Twitter, nor what the motivation was behind his stepping down. The originating article speculates that Dorsey stepping down could be due to push from Twitter “stakeholder” Elliott Management.

“Elliott Management founder and billionaire investor Paul Singer had wondered whether Dorsey should run both of the public companies, calling for him to step down as CEO of one of them, before the investment firm reached a deal with the company’s management,” CNBC reports.

Twitter shares rose more than 3% on the news, but trading was halted.

Twitter shares were halted after a 3% rally | Source: TWTR on TradingView.com Speculating On Bitcoin Involvement, Square Inc. And More

Since CNBC only speculates as to what the motivation is behind Dorsey allegedly stepping down as CEO of Twitter, let’s also do the same.

Given Dorsey’s belief in Bitcoin and the continued focus in that area across most of his business strategies, the Square, Inc. CEO could very well be centering his future efforts there.

The allegedly soon-to-be former Twitter CEO is perhaps best compared to Hal Finney in terms of the positive impact he has had on the cryptocurrency ecosystem. Both of have famously tweeted about “Running Bitcoin,” and both are now names nearly as synonymous with the top ranked crypto asset as Satoshi Nakamoto themselves.

Related Reading | Twitter Integrates Bitcoin And Lightning In Tips Feature Update

Finney’s legacy has sadly ended, but could Dorsey’s truly just be at the very beginning in terms of what the business entrepreneur could bring to the overall Bitcoin ecosystem?

Could this bold move of stepping down at Twitter CEO be a selfless act toward improving cryptocurrency’s place in the financial world? The answer, in some capacity, is likely yes considering the laser-eyed focus the tech leader has had for several years now.

What will Jack Dorsey work on next?

— Bitcoinist.com (@bitcoinist) November 29, 2021

Follow @TonySpilotroBTC on Twitter or join the TonyTradesBTC Telegram for exclusive daily market insights and technical analysis education. Please note: Content is educational and should not be considered investment advice.

Featured image from iStockPhoto, Charts from TradingView.com

Similar to Notcoin - Blum - Airdrops In 2024

origin »

BlackJack (JACK) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Доступно / Всего 0 JACK

twitter ceo down dorsey jack cnbc bitcoin

twitter ceo → Результатов: 126


Джек Дорси: биткоин является лучшей реализацией онлайн-валюты

Интернет нуждается в собственной валюте и биткоин является ее лучшей реализацией. Об этом заявил CEO Twitter Джек Дорси в разговоре с Reuters. Twitter CEO @jack tells @Reuters #bitcoin is still the most viable internet-native currency pic.

2020-9-11 15:12


‘Wrong at Virtually Every Level’: Elon Musk Torches ‘Radical’ SEC for Twitter Gag Attempt

Billionaire Elon Musk fired back at the Securities and Exchange Commission’s February 2019 contempt filing designed to muzzle the Tesla CEO’s Twitter commentary. Elon Musk: ‘SEC’s Position Is Wrong’ In a fiery response filed March 22 in New York federal court, Musk slammed the SEC for its “radical reinterpretation” of a September 2018 consent decree under which he agreed to get approval from Tesla’s board before tweeting anything that could impact TSLA’s stock price.

2019-3-24 14:41


Twitter/Square CEO Jack Dorsey is Hiring Crypto Engineers – to Serve Him or the Bitcoin Ecosystem?

Square’s CEO Jack Dorsey has announced that the payments startup’s ‘small way to give back’ to the cryptocurrency ecosystem is to hire up to four full-time crypto engineers and one designer. #BitcoinTwitter and #CryptoTwitter! Square is hiring 3-4 crypto engineers and 1 designer to work full-time on open source contributions to the bitcoin/crypto ecosystem.

2019-3-21 16:31


Глава Twitter будет платить биткоинами разработчикам блокчейн-решений

CEO платежной платформы Square и создатель Twitter Джек Дорси объявил о наборе сотрудников для разработки решений для экосистемы криптовалют и биткоина. #BitcoinTwitter and #CryptoTwitter! Square is hiring 3-4 crypto engineers and 1 designer to work full-time on open source contributions to the bitcoin/crypto ecosystem.

2019-3-21 13:48


Фото:

Jack Dorsey: Square Will Pay Bitcoin Devs To Build Open-Source Ecosystem

Twitter and Square CEO Jack Dorsey has revealed a major scheme to pay developers to build out the Bitcoin ecosystem with open source technology. Dorsey Plans To ‘Give Back’ To Open Source In a move which underscored the tech mogul’s appreciation of both cryptocurrency and freely accessible innovation, Dorsey said he will hire “3-4 crypto engineers and 1 designer” to contribute to crypto full time – and pay them in BTC.

2019-3-21 11:00


Adoption: Twitter CEO Wants to Push Bitcoin (BTC) to the Masses, Plans to Hire Crypto Engineers For His $2B Square Payment Company

Twitter and Square CEO Jack Dorsey, who has previously said that “the internet will have a native currency”, has… The post Adoption: Twitter CEO Wants to Push Bitcoin (BTC) to the Masses, Plans to Hire Crypto Engineers For His $2B Square Payment Company appeared first on Invest In Blockchain.

2019-3-21 09:10


Binance планирует запуск маржинальной торговли

CEO Binance Чангпенг Жао в эту среду прокомментировал предположения пользователей касательно возможности запуска маржинальной торговли на крупнейшей бирже криптовалют. В обсуждении на Reddit один из пользователей обратил внимание на изменения в API торговой платформы, которые к сегодняшнему дню не были отражены в официальной документации.

2019-3-20 12:50


Сооснователь EOS: через 20 лет биткоин вытеснит золото

Первая криптовалюта в течение 20 лет заменит золото в качестве ведущего средства сохранения стоимости. Об этом в своем Twitter заявил сооснователь и CEO EOS Брендан Бламер. Over the next two decades, #Bitcoin will replace #gold as the leading commodity to store value — BrendanBlumer (@BrendanBlumer) 17 марта 2019 г. Он добавил, что после добычи всех […]

2019-3-18 11:54


Tron’s Justin Sun says BTT to Open for Test Mode in Q2, Excited for BitTorrent’s 100 Million Active Users

BTT “Guarantees” Safe & Instant Transactions The Tron-powered BitTorrent is all set enter the market as Tron founder and BTT CEO, Justin Sun reveals as per his Twitter activity. Sun is excited about the developments made by BTT where transactions are “guaranteed” to be safe and instant in the world of decentralization and ready to […]

2019-3-10 21:06


What’s The Impact Of 4 Million Twitter Followers Being Exposed To CEO Purchasing Bitcoin Weekly

CEO Of Twitter Discloses His Trezor Hardware Purchase Powered By Bitcoin Jack Dorsey, Chief Executive Officer of social media giant – Twitter – and also of Square, a mobile payments company, has recently announced on Twitter that he has purchased a Trezor hardware wallet using Bitcoin (BTC) through the Square Cash app. Based on the […]

2019-3-10 16:15


Shortly after it was greeted with Disapproval from Cardano’s founder, CEO of Binance speaks on the JP Morgan and Facebook Cryptocurrencies

Upon the announcement of the inclusion of cryptocurrency to social media giant Facebook alongside the recent involvement of top U. S bank JP Morgan in cryptocurrency, the entire crypto-community has welcomed the news with mixed reactions, most of which were of opposition.

2019-3-10 23:03


Фото:

Jack Dorsey Praises Open Source, Buys Trezor Bitcoin Hardware Wallet

Twitter CEO Jack Dorsey has purchased what appears to be his first Bitcoin hardware wallet as his advocacy of the largest cryptocurrency continues.   Dorsey Chooses Trezor Over Ledger In a tweet published March 7, Dorsey — who has become vocal about Bitcoin’s benefits in recent weeks — confirmed he now owns a Trezor wallet, which he purchased using the Cash App by his other company, Square.

2019-3-8 15:00


Фото:

CEO Twitter Джек Дорси приобрел биткоинов на $10 000 всего за неделю

Джек Дорси, являющийся главой Twitter, потратил более 10 тысяч долларов на покупку биткоинов. По его словам, он превысил лимит сделок в приложении Cash App от Square, однако собирается продолжить инвестировать в криптовалюту.

2019-3-7 19:04


CEO Twitter рассказал о покупке биткоинов

Глава Twitter Джек Дорси проговорился о том, что на этой неделе уже превысил лимит на покупку биткоина в Cash App от Square. Об этом он заявил в подкасте Tales from the Crypt. Отвечая на вопрос, будет ли он участвовать в акции «Stacking Sat Saturday», которая предполагает покупку BTC на $25 каждую неделю, он сказал: Отметим, что еженедельный […] Запись CEO Twitter рассказал о покупке биткоинов впервые появилась Криптовалюта.Tech.

2019-3-7 12:32


Фото:

CEO Twitter Джек Дорси приобрел биткоинов на $10 000 всего за неделю. И он не собирается останавливаться

Глава Twitter Джек Дорси проговорился о том, что на этой неделе уже превысил лимит на покупку биткоина в Cash App от Square. Об этом он заявил в подкасте Tales from the Crypt. Отвечая на вопрос, будет ли он участвовать в акции «Stacking Sat Saturday», которая предполагает покупку BTC на $25 каждую неделю, он сказал: «Я […]

2019-3-7 12:04