The most amazing thing about Bitcoin, apart from the founding story, is anyone who works on it, or gets paid in it, or buys it for themselves - everyone who puts any effort in to make it better - is making the entire ecosystem better, which makes the price go up. [...] It's a fascinating ecosystem and movement, more than anything else. It taught me a lot.
Dorsey revealed he has stepped down from the board of Bluesky, a decentralized social media platform. He expressed disappointment with Bluesky's direction: 'Everything we wanted around decentralization, everything we wanted in terms of an open source protocol, suddenly became a company with VCs and a board.'
Dorsey complimented how Elon Musk is running X - the social media company. He said the current course taken by X is necessary in the pursuit of free speech.
Block, Dorsey's payments firm, announced a strategy to invest 10% of its BTC product profits into purchasing more Bitcoin every month. The company invested $220m in Bitcoin in 2020 and continues its commitment.
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