Even though Twitter has issued 140 NFTs on the Ethereum blockchain, Jack Dorsey continues to refuse to invest.
Jack Dorsey – CEO of Twitter
Jack Dorsey again rejected the idea of buying Ether despite the introduction of Twitters non-fungible token (NFT) based on Ethereum.
On Wednesday (June 30th), Twitter announced a giveaway from Rarible, a major NFT platform that uses the Ethereum blockchain to mint digital token collections.
But even though Twitter has issued 140 NFTs on Ethereum, Dorsey appears to be absolutely loyal to Bitcoin.
Following the news on the NFT, Twitter user Packanimal said it was “only a matter of time” before Dorsey invested in ether, and so did Dorsey reply In short, “no”.
The crypto community then responded to Dorsey’s response.
Adam Cochran from Cinneahaim Ventures criticize Dorsey for “still being a bitcoin proponent,” while Twitter “is shaping Ethereum-based NFT on Rarible. With this level of intellectual fitness, I’m surprised he won’t represent the US at the 2021 Olympics in Tokyo this year. “
Dorsey is the co-founder and CEO of crypto-friendly digital payments company Square, which previously announced its allegiance to Bitcoin alone, saying in a 2019 tweet, “I’m just Bitcoins.”
At the Bitcoin 2021 conference in early June, Dorsey said:
“Bitcoin has completely changed everything. I don’t think there is anything that can make people around the world any easier. “
As a follower of Bitcoin, Dorsey has repeatedly argued that Bitcoin will have been the internet’s only currency since at least 2018. He previously refused to switch to cryptocurrencies like ether, claiming that he only invested in Bitcoin in 2019.
Dorsey’s comments come as some of the biggest bitcoiners admit that ether could eventually make bitcoin the largest cryptocurrency in the world.
Mike Novogratz, founder and CEO of the crypto investment firm Galaxy Digital, predicted that ether could become “the largest cryptocurrency”.
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According to Cointelegraph
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