JAKARTA – Twitter boss, Jack Dorsey discussed the future of his company that will plan to integrate Bitcoin in its platform. As is well known, Dorsey is a supporter of Bitcoin and is actively involved in the development of the cryptocurrency.
He revealed that the cryptocurrency will be integrated within the Twitter service. Especially in Commerce, Subscription and Tip Jar services and Super Follows, as reported by TechCrunch.
In addition, Dorsey also explained that the company will be helped by the integration of Bitcoin and the presence of AI technology. This was revealed by Dorsey to investors in product development.
“If the internet had a native currency, our global currency could move faster with products like Super Follows, Commerce, Subscriptions, Tip Jar, and reach everyone on the planet because of it. Instead of taking a market-to-market approach," said Dorsey.
This is part of the company's innovation towards cryptocurrencies and social media in providing economic incentives. That way, Dorsey campaigns for Bitcoin investment.
"So I think it's really important for Twitter and Twitter shareholders that we continue to look at the space and invest aggressively in it," Dorsey said.
He also stated that Tiwtter is not the only platform that will integrate with cryptocurrencies. Facebook also has the same plan by presenting its cryptocurrency called Diem.
“There is a clear need and appreciation for it. And I think the internet's native open standards are the way to go, which is why my focus and our focus is ultimately on Bitcoin.”
Apart from Twitter, another Dorsey company, Square, has already invested in cryptocurrencies. Square is reportedly acquiring a music service called Tidal and will develop blockchain technology.
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