RE: "Bitcoin will be as widely used as Fiat soon" - Jack Dorsey

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"Bitcoin will be as widely used as Fiat soon" - Jack Dorsey

in bitcoin •  5 years ago 

People used to wonder, why, if Dorsey is so bullish on Bitcoin and crypto, didn't he try to launch his own token. Personally, I'm glad he didn't - it would have been a clusterf**k of epic proportions.

Not as bad as Facebook's Libra, but Twitter has over 330 million monthly active users - it would have had a significant built in userbase, just like Libra, which would have grabbed regulators' attention.

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5 years ago by

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      ·  5 years ago 

    I think he realized what others are just now starting to. It's going to be much harder to launch a coin now with all the regulations then it is to just incorporate an existing one.

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