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Jack Dorsey Announces New Twitter Team: Square Crypto, but for Social Media

coinnewsdaily by coinnewsdaily
December 11, 2019
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Twitter CEO Jack Dorsey Becomes Latest to Take Bitcoin’s ‘Lightning Torch’
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The new team would follow a model similar to Square Crypto, a bitcoin-focused entity separate from Dorsey’s fintech unicorn Square. Likewise, the new Twitter entity would focus on open standards for decentralized processes across social platforms, rather than proprietary structures. Although Dorsey didn’t directly associate the disparate efforts, he hinted that the “fundamentals” of blockchain technology might offer some tools for “open and durable hosting, governance, and even monetization.”



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