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Important Statements About Bitcoin (BTC) From Twitter CEO

Twitter CEO Jack Dorsey said Bitcoin and blockchain will strengthen financial freedom and shape the future of content delivery.

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Important Statements About Bitcoin (BTC) From Twitter CEO.

Twitter CEO Jack Dorsey said Bitcoin and blockchain will strengthen financial freedom and shape the future of content delivery.

Speaking at the Oslo Freedom Forum, Twitter CEO Jack Dorsey said that Bitcoin and blockchain technology will usher in a movement that will turn the internet as we know it today into what it was originally intended for. The Oslo Freedom Forum is a global series of events hosted by the Human Rights Foundation. In an interview, Jack Dorsey talked about the important role Bitcoin and blockchain technology share in transforming the internet into a decentralized platform where content can exist permanently.

Dorsey says that in the early days the internet was actually more decentralized. However, decentralization meant content discovery was more difficult:

“The difficult thing about decentralization is actually discovery: finding content, finding like-minded people. This is what Google stands for: It centralizes the discovery problem. What Facebook stands for: Centralizing a discovery problem. What Twitter stands for: Centralizing the discovery problem. “

With blockchain technology now available, Dorsey sees the potential to create better exploration and financial tools based on a decentralized foundation:

“In the past, most of our value has been about content hosting. That’s why we used to host tweets, host images, host videos. Blockchain and Bitcoin point to a future and point to a world where content exists forever, is permanent, does not disappear, exists forever in every node connected to it. “

Dorsey continued, “We are in the discovery business and we will have a special approach to discovery, it’s a healthy conversation. “We want to help people understand what’s going on in the world, talk about what’s happening, and have a healthy public conversation that we hope to solve problems together.”

Cannot be censored, cannot be removed

According to Dorsey’s statements, the content will exist forever with these technologies. It cannot be removed and censored. According to the famous name, Bitcoin and blockchain technologies will be more individual focused day by day.

According to Twitter CEO, the main goal of Bitcoin and blockchain is to provide a more reliable system to the world we live in. This is the main and essential function of these technologies. Dorsey said lastly:

“Ultimately this means that we should be customers of something much bigger than us. We need to get people to contribute to a public blockchain. And if we can do that, it’s a really powerful thing and I think it goes back to the power and original purpose of what the internet could be, which is accessible to everyone in the world. Everyone in the world can make decisions about their participation, what they have, what they see and what they share. ”

1 Comment
  1. […] Bitcoin’s (BTC) fundamentals continue to show signs of strength. According to data provider Coin Metrics, the number of BTC active addresses has risen to a level not seen in more than two years. […]

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