Twitter founder Jack Dorsey has once again demonstrated his unwavering faith in Bitcoin by claiming that Bitcoin could replace the US dollar.
About this he
wrote on Twitter in response to a question from Grammy-winning American rapper Cardi B if Bitcoin could be a full-fledged replacement for the dollar. Former Twitter CEO Jack Dorsey seized the chance to reaffirm Bitcoin’s superiority by shortly saying, “Yes, it can.”
Considering that the US Federal Reserve (FRS) is pumping trillions of dollars into the financial system, this heightens investor fears about rising inflation in the US, while many people see Bitcoin as a decentralized and more democratic alternative to the dollar.
The correspondence between Dorsey and Cardi B has generated mixed reactions among the cryptocurrency community. Dogecoin co-founder Billy Markus posted a meme in which he makes it clear that the comic DOGE cryptocurrency is more stable compared to the US dollar. Some bitcoin proponents wrote that they expected a similar conversation between Dorsey and celebrities, since the introduction of bitcoin is imminent.
Late November Dorsey
reportedthat he left the position of CEO of Twitter, and will be replaced by Parag Agrawal, who has been with the company for more than ten years. Dorsey has long been considered a Bitcoin enthusiast. In June, he launched an educational initiative called The B Word to raise awareness about Bitcoin among various organizations. In addition, last year he called Bitcoin and blockchain “the future of Twitter.”
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