Jack Dorsey left Twitter for working on #DeFi: Story

“If I were not at Square or Twitter, I would be working on Bitcoin. If it needed more help than Square or Twitter, I would leave them for Bitcoin.”

Jack Dorsey, Bitcoin 2021 Miami

Jack had previously told us that these days would come.

While at Twitter, he led the effort to finance BlueSky--a key effort that aims to create a series of published standards for social media companies, so that users of different social media networks can communicate more easily with one another:

Square, not Twitter, is the company that Jack will change the world of DeFi & #bitcoin .

In a white paper released earlier this month, Square plans to launch tbDEX, its own decentralized exchange for buying and selling cryptocurrencies:

https://tbdex.io/whitepaper.pdf

Square is developing a hardware wallet that aims to bring bitcoin custody to a wider audience:

Given that Dorsey is no longer the leader of Twitter, many are curious to see what crypto projects Square will choose to focus on next.

As a CEO who believes bitcoin will eventually become the only cryptocurrency, Dorsey's focus on DeFi will affect bitcoin markets.