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Former Twitter CEO had been one of the keen supporters of crypto, especially Bitcoin, and why he is more confident about BTC he recently told about it
Since the beginning of crypto, its proponents and opponents have been all over. People have views on crypto, including influential personalities to experts across tech fields and companies. One of that kind is former Twitter CEO and CEO of Block fintech startup Jack Dorsey.
Despite Ethereum being considered to have a lot of potential and actual world tech usage, Jack prioritizes the flagship cryptocurrency. The tech preacher recently put his thoughts about his beliefs in Bitcoin more than any crypto, including Ethereum.
Interviewing by Michael J. Saylor himself
On Feb 1, 2022, Co-founder and CEO of MicroStrategy, Michael J. Saylor, interviewed Jack Dorsey. The event was more of a conversation and interviewed people across tech platforms and companies for two days named ‘Bitcoin for corporations .’MicroStrategy Inc. played the role of organizer for the event.
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Jack’s views and firm positive stance for Bitcoin
During the interview, Michael asked the former Twitter CEO about more faith in Bitcoin than Ethereum, considering that ETH has more potential in practical use cases. Jack replied that Bitcoin is more deliberate and predictable; it gets so many thumps when it comes to technological ends when it gets beaten by Ethereum in various features. For example, Ethereum is way ahead in terms of speed than Bitcoin, but Jack asked what’s the result of being ahead even with such moves.
Putting his thoughts further, Jack said that the bitcoin network is slower but slower things are meant to last long. Being slow, the crypto is more predictable when checking on the direction where it’s going. It has more operating time, which is better in terms of usability. So, this makes it more secure than anyone else with faster speed.
Bitcoin considered to be more practical crypto by Jack Dorsey
According to Jack, it’s not like a shortage of ideas; they are in abundance everywhere and even being applied in every other project. So many great sandboxes are there to test the ideas rapidly. Still, the deliberation and the calculative approach he thinks Bitcoin provides are unmatched to any crypto or blockchain out there. This makes it worthy of being a potential internet currency which gives much confidence. And as a business owner or someone running some of these companies, it’s essential to get this that it will stick around, and it’s going to stay here and serve billions of people for so many upcoming years as we move forward.
Steve Anderson is an Australian crypto enthusiast. He is a specialist in management and trading for over 5 years. Steve has worked as a crypto trader, he loves learning about decentralisation, understanding the true potential of the blockchain.
