Twitter CEO Jack Dorsey has always been a bitcoin enthusiast, but he now calls the first cryptocurrency and blockchain “the future of Twitter.”
“Blockchain and Bitcoin indicate the future. They point to a world where content always exists, when it is permanent and available, when it is recorded on every node connected to the network. The whole point of Bitcoin is to provide a trusted system in an environment where trust is not possible, such as on the Internet, ” Dorsey said at the Oslo Freedom Forum 2020.
The Twitter CEO also revealed that the newly formed company Blue Sky is now looking for architects, engineers and designers to create an open blockchain platform and open Twitter protocol.
Dorsey noted that the social network is constantly working on the security of the platform, but it is impossible to make a “once and for all secure system” – it is a process that has no end.
Earlier, the payment company Square, which is also headed by Jack Dorsey, announced the launch of the Cryptocurrency Open Patent Alliance (COPA) consortium to combat patent trolling in the cryptocurrency industry.