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- The opening ceremony of the Tokyo Olympics was just hours away after a year of anticipation. On the eve of the main event, the much-anticipated games were inadvertently entangled in the never-ending conflict between Bitcoin and Ethereum proponents
- Bitcoiners like Bitcoin Meme Hub got in on the joke by publishing fictitious Tweets from Ethereum co-founder Vitalik Buterin, claiming that “this is not funny Jack
- Dorsey, along with Tesla CEO Elon Musk and Ark Invest CEO Cathie Wood, appeared at The Word – a virtual Bitcoin event — this week
After a year of waiting, the Tokyo Olympics’ opening ceremony was just hours away. The much-anticipated games were accidentally embroiled in the never-ending battle between Bitcoin and Ethereum proponents on the eve of the major event. With the #Eth hashtag and an image of Ethiopia’s flag, Twitter CEO Jack Dorsey expressed his support for Ethiopian athletes earlier today. Given that Ethiopia’s three-letter ISO code is the same as Ethereum’s ticker, many speculated that Dorsey’s post was aimed towards Ethereal. Many saw the billionaire’s support for Bitcoin and apparent contempt for Ether as a dig at the largest cryptocurrency, which has yet to receive its own emoji on the social media site. In Dorsey’s responses, the Bitcoin community jumped on the opportunity to poke fun at Ethereum.
Given Twitter CEO Jack Dorsey’s fondness for Bitcoin and the fact that Bitcoin has its own Twitter symbol, many speculated that he was indirectly mocking Ethereum (ETH). After all, he’s a fervent Bitcoin (BTC) maximalist who has frequently declared that Bitcoin would become the internet’s native currency and has refused to contemplate buying ETH and other altcoins. Sean Culkin, an NFL athlete who is turning his whole 2021 NFL paycheck into Bitcoin, questioned why so many people were not recognizing it’s a troll. Bitcoiners like Bitcoin Meme Hub got in on the joke by publishing fictitious Tweets from Ethereum co-founder Vitalik Buterin, claiming that “this is not funny Jack.
The creator of Twitter and Square definitely saw the humorous side of things, tweeting #eth, which caught the attention of the official Olympics account, which said it was wonderful to see Jack and the crypto community supporting the #ETH competitors. The Olympics’ official Twitter account entered the debate, praising Dorsey for his support of Ethiopian athletes. Of course, this reignited the discussion over whether or not he was mocking the Ethereum community.
Dorsey, along with Tesla CEO Elon Musk and Ark Invest CEO Cathie Wood, appeared at The Word – a virtual Bitcoin event — this week. During the occasion, Dorsey expressed his desire for Bitcoin to create or assist in the creation of world peace. They have all these monopolies out of balance, and the person has no power, and the amount of expense and distraction that comes from our monetary system today is substantial, and it diverts attention away from the greater problems, as he added, emphasizing Bitcoin’s ability to address financial inequity.
Andrew is a blockchain developer who developed his interest in cryptocurrencies while pursuing his post-graduation major in blockchain development. He is a keen observer of details and shares his passion for writing, along with coding. His backend knowledge about blockchain helps him give a unique perspective to his writing skills, and a reliable craft at explaining the concepts such as blockchain programming, languages and token minting. He also frequently shares technical details and performance indicators of ICOs and IDOs.
