Former Twitter CEO Japer k Dorsey on Bitper oin: “I Don’t Watper h the Priper e”
Categories: Crypto News US
On Friday (May 13), Jack Dorsey, who is the co-founder and former CEO of Twitter, as well as the co-founder, chairman, and CEO of Block (formerly known as Square), shared his latest thoughts on Bitcoin ($BTC).Dorsey says that he does not pay close attention to the Bitcoin price because he knows that — over the long term — as adoption increase, Bitcoin’s value will go higher.When Tom Philpott, who is the food and agriculture correspondent for Mother Jones Magazine, asked Dorsey if people who are not billionaires should also think in this way about Bitcoin, the Block CEO replied: “yes I do. it’s young and forming. you buy in because you believe it frees people, not to day trade.“Back in February, Dorsey explained why he has more faith in Bitcoin than Ethereum, even though the latter evolves faster. His comments about these top two cryptoassets were made while he was being interviewed by Michael J. Saylor, Co-Founder, Chairman, and CEO of Nasdaq-listed business intelligence company MicroStrategy Inc. (NASDAQ: MSTR) for the keynote at MicroStrategy two-day “Bitcoin for Corporations” event (February 1-2, 2022). Back in February, Dorsey explained why he has more faith in Bitcoin than Ethereum, even though the latter evolves faster. His comments about these top two cryptoassets were made while he was being interviewed by Michael J. Saylor, Co-Founder, Chairman, and CEO of Nasdaq-listed business intelligence company MicroStrategy Inc. (NASDAQ: MSTR) for the keynote at MicroStrategy two-day “Bitcoin for Corporations” event (February 1-2, 2022).Yesterday (May 14), Ryan Selkis, Co-Founder and CEO at Messari, pointed out that although the $BTC price might be down around 57% from its all-time high of around $69,044 (set on 10 November 2021), $BTC is still doing better than many popular tech stocks, such as Netflix (NFLX), PayPal (PYPL), and Zoom (ZM).