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- ‘The B Word’ conference to be launched in the month of July which educates companies about Bitcoin development
- Bitcoin adoption is endorsed by Twitter CEO, Jack Dorsey
- Elon Musk invited by Dorsey to the conference where several speakers will be conducting and hosting
Twitter and Bitcoin can be called two of the most volatile platforms. Twitter is the main source for the fluctuations in cryptocurrency, making tweets a very strong contender that affect the prices of these coins. Because of a few tweets by Elon Musk, the Bitcoin price faced major variations in the month of April when the CEO tweeted that it would no longer accept Bitcoin as payment for purchasing a Tesla due to environmental concerns associated with mining the cryptocurrency.
Jack Dorsey launches ‘The B Word’
The Chief Executive Officer of Twitter, Jack Dorsey, was long due to jump into the crypto game. Dorsey initiated ‘The B Word’ along with Square Inc. to educate the institutional masses more about Bitcoin and how and why it should be embraced by them. The B Word is a Bitcoin informative conference that is scheduled to take place on July 21. The conference will hold speakers like Cathie Wood, CEO of Ark Invest, Adam Back, founder of Blockstream, along with other influential speakers which includes Jack Dorsey himself.
Dorsey’s new venture openly wants to endorse the use of Bitcoin in a company’s day to day technological operations that could ease out the process with more simplistic and futuristic transactional methods adoption. The conference focuses on educating such companies on welcoming Bitcoin in their undertakings. Dorsey calls the Bitcoin development to be perfect for businesses in the long run. With more and more companies hoping for the Bitcoin evolution, everybody should get to know about the positive outrage that Bitcoin is creating.
Elon Musk invited to the Bitcoin conference
Jack Dorsey invited Elon Musk to the conference after Musk retweeted the ‘The B Word’ launch announcement by writing ‘bicurious’. The Tesla CEO has been associated with crypto since a long time and has a long history with it. Dorsey invited Elon to have a talk at the conference and called it to be long due.
Bitcoin adoption is supposed to be a three way process. It starts off with more retailers using cryptocurrency for daily activities, which results in the investors starting to invest in the Bitcoin development. Lastly, leaving the Government to enter the game and regulate policies related to crypto, eventually making it a legal tender of the specific country. This three way procedure is a long term advancement for the financial technology industry.
With a background in journalism, Ritika Sharma has worked with many reputed media firms focusing on general news such as politics and crime. She joined The Coin Republic as a reporter for crypto, and found a great passion for cryptocurrency, Web3, NFTs and other digital assets. She spends a lot of time researching and delving deeper into these concepts around the clock, and is a strong advocate for women in STEM.
