Jack Dorsey, the CEO of Square, wants to see bitcoin succeed and he will pay you to make that happen!
Jack is doing everything in his power to help make bitcoin the currency of the internet.
In a news announcement made yesterday, Square, the company Dorsey is CEO of, announced that they would fund 3-4 developers and an designer to work on the bitcoin code.
Independent of Square, these developers will work for "the good of the cryptocurrency ecosystem first".
The exact quote:
"Square is hiring 3-4 crypto engineers and 1 designer to work full-time on open source contributions to the bitcoin/crypto ecosystem. Work from anywhere, report directly to me, and we can even pay you in bitcoin!"
(Source: https://twitter.com/jack)
Awesome! Why is he doing this?
Like many of us, Jack wants to see this happen for many reasons.
He likes the idea of money controlled by math instead of governments and he likes the ability to help the unbanked.
A couple quotes from Jack on the matter:
"Square has taken a lot from the open source community to get us here. We haven’t given enough back. This is a small way to give back, and one that’s aligned with our broader interests: a more accessible global financial system for the internet.”
“I love this technology and community. I’ve found it to be deeply principled, purpose-driven, edgy, and…really weird. Just like the early internet! I’m excited to get to learn more directly.”
(Source: https://twitter.com/jack)
This is great news for bitcoin and crypto!
Bitcoin just got a major ally in Jack Dorsey.
Not only is he buying bitcoin and talking about it positively from his hugely influential position...
But now he is paying people to work on the code to help ensure it has the best chances of survival.
I for one couldn't be happier.
You go Jack!
Stay informed my friends.
Image Source:
https://www.ccn.com/why-squares-bitcoin-hiring-spree-is-crucial-for-crypto-adoption
-Doc
I love @jack leading the charge and creating some
!dramatoken
In the space
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Having him in the corner of bitcoin and crypto is huge...
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Here's your
DRAMA. Don't spend it all in one place!To view or trade
DRAMAgo to steem-engine.com.Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
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How much is a drama token worth?
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currently about .8 steem. They have been a doing very well.
The curator get's a little vote from me.. 3k SP and the receiver gets a token.
They have been well received so far!
!dramatoken
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Really? That is significant value...
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!dramatoken
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Sorry, you don't have enough
DRAMA.You need
8.00000 DRAMAmore for a chance to make it happen.To view or trade
DRAMAgo to steem-engine.com.Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
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:) Yep and there is incentives to hold as well.
The holders of DRAMA get to issue new tokens.
It's pretty fun, but we've also tried to ensure it holds some value and is not just comment spam! Have a great day!
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:) Yep and there is incentives to hold as well.
The holders of DRAMA get to issue new tokens.
It's pretty fun, but we've also tried to ensure it holds some value and is not just comment spam! Have a great day!
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Tokens with value would be much appreciated over thousands of worthless ones!
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Here's your
DRAMA. Don't spend it all in one place!To view or trade
DRAMAgo to steem-engine.com.Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
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Awesome. Now, can we get him on Steem?
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Haha, well he is also the CEO of Twitter, so I doubt he has any desire to join another social media platform.
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Oh, hell. I guess that isn't likely.
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Probably not.
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Someone else might ...
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Of course.
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He might through utopian though. It is a cool way to support open source projects
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Why would he do that? Why not bring crypto to twitter?
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If he put Twitter on the Steem blockchain he could stop some of the accusations of censorship by saying the tweets are still available on the blockchain, just not on the Twitter front end. Not that I think he'd ever do that.
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Not a bad idea. Perhaps someone, or a whole bunch of someones, should tweet that to him?
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Yeah, let's get a tweet campaign going for this.
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I could do a post about it, but will need others to tweet him.
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This is incredible the private companies are investing in a public project. I love hearing about all these new developments coming to crypto. I love crypto prices going up, but I love being right that crypto is the future even more.
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Yep. It is pretty amazing that they are putting their money into something that doesn't directly benefit them, or possibly even indirectly.
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Adding fuel to the rocket boosters.
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This could end up being huge news. With people like Jack supporting bitcoin it has a much better chance of succeeding.
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Having an ally like this with the reach in the industry that matches customers with merchants and its potential is a great catalyst for the future. This could help in adoption which drives demand and prices!
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Yep, I couldn't agree more. Having him in the corner may end up being the different of whether bitcoin succeeds or fails. That may be a little overly dramatic, or it may not be!
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Bitcoin won't succeed unless the developers make it easier to fork the code or make so people can create "tokens", like Ethereum has, easily without it being like rocket science.
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They may do that second one. I am not sure they want the code to be easier to fork. The ones that like bitcoin as a store of value actually think that the bitcoin code not changing is a feature as opposed to "bug".
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I remember talking with Monero developers about TurtleCoin, because other coins decided it would be better if Monero people would take over maintaining the code because it contained so many bug fixes but was poorly maintained. Didn't take long until TurtleCoin developers also thought it would benefit the coin more if the code would be easier to fork... lol... before that TurtleCoin was worth 1 satoshi, after that it was a lot more...
My point being is that if famous enough people or project take one side, it's really hard to resist even if the original idea was by single John Doe (an insignificant person whose name is not worth mentioning).
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Yes that is a good point. Personally I would rather bitcoin exist primarily as a store of value. Not try and replace traditional fiat money, though it can function like that if need. Let some other coin go after payments, or even a forked version of bitcoin.
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Currently Bitcoin is a lot like stock of a shell company that does very little to earn the value it has, it's a crypto bubble. What comes to forks, I think Litecoin and PivX (using Zerocoin protocol) have done much more to earn the value than Bitcoin ever. People assert that Bitcoin is a way for certain people to transfer their funds from A to B without leaving a trace, but we all know that is far from truth as Bitcoin has zero privacy. Some people also say that all cryptocurrencies are just a clever way to avoid third-parties marking the FIAT they need for daily use.
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Yep, which is also not the case. The vast majority are not anonymous and leave a major foot print. Either way though, I like bitcoin as a store of value if the code doesn't start changing. If the code starts being changed I think it looses that appeal to most store of value investors...
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It's always about choosing one or the other, can't please the whole userbase. Personally I use silver for store of value instead of Bitcoin. Back when I started it was about 1/10th of price of gold.
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Do you mean 1/100th?
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Is he referring to Bitcoin Core, Bitcoin Cash or both?
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The real bitcoin of course.
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Both my BTCs and BCHes seem very real to me. 😎
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It only 'seems' that way. BCH is real, and may even have a real use case, it's just not bitcoin.
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If it looks like the same blockchain and acts like the same bloclchain it must be the same blockchain. 😎
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Just like a dead duck and a live duck are the same... just one is about to get real stinky.
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Still holding post fork amounts at much the same as prefork Bitcoins (with the exception of getting steem with btc and birthday present bch wallets) with the thought of letting the market decide the real Bitcoin.
Jack may be wanting to hire a few devs but it will blow your mind the development under the bitcoin.com domain umbrella, if you have a few minutes to browse around.
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Yes, they have a lot of developer activity and they still have the domain for some odd reason, likely to trick people. I wouldn't be upset if bitcoin cash was eventually usable for payments and bitcoin core was the store of value coin.
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