Twitter ex-CEO Jack Dorsey has admittedly by no means been a fan of Ethereum and has been fairly open about his stance on the cryptocurrency. Dorsey has all the time been a Bitcoin maximalist by way of and thru, displaying help for the pioneer cryptocurrency at each flip. Even going so far as stepping down as Twitter CEO to focus extra on Block, a enterprise which focuses solely on constructing with bitcoin.
Regardless of being vocal about not being a supporter of ethereum, Dorsey does get requested a good bit what he thinks in regards to the asset and the blockchain as an entire. It’s certainly one of these situations that led Dorsey to as soon as once more present that he doesn’t help the digital asset.
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Dorsey Does Not Assist Ethereum
With Dorsey focusing all of his vitality on constructing with bitcoin, others have introduced up the potential of the Block CEO integrating different blockchains into his work. A Twitter person by the identify of cdixon as soon as once more posed the potential of the CEO to work with ethereum and different blockchains, stating that there have been different functions of cryptocurrencies that will require different chains.
Dorsey had responded to the tweet with a transparent and concise tweet. The tweet, as soon as once more, leaned tremendously in the direction of help for bitcoin because the CEO defined that solely safe and resilient applied sciences ought to be used, alluding to the centralized nature of the ethereum blockchain.
“I imagine in you and your skill to know methods. It’s vital we focus our vitality on really safe and resilient applied sciences owned by the mass of individuals, not people or establishments. Solely that basis will present for the functions you allude to.”
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Coming For Web3
Dorsey’s tirade in opposition to centralized methods didn’t finish with the ethereum blockchain. Web3, the brand new child of the modern know-how house, additionally drew criticism from the CEO. He tweeted saying that customers didn’t really personal web3. As a substitute, that it belonged to the VCs and the LPs who’re at present investing closely within the house. Alluding to the truth that the incentives of those VCs and LPs will all the time influence it.
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The tweet itself had drawn criticism from these concerned within the web3 house who poured out to counter the views of the CEO.
Dorsey went on to additional mock the know-how alongside SpaceX CEO Elon Musk. Becoming a member of the dialogue, Musk had tweeted saying, “Has anybody seen web3? I can’t discover it.” To which Dorsey had mockingly replied that “It’s someplace between a and z.”
Featured picture from Ripples Nigeria, chart from TradingView.com