Twitter and Bitcoin: A match made in crypto heaven? 

29 Sep, 2020 CryptoParrot

In a recent keynote speech at the virtual Oslo Freedom Forum 2020, the CEO of one of the world's biggest social media platforms once again made it clear that not only Bitcoin was the future, but it is a fundamental part of the next iteration of the Internet.  

For traders that enjoy dabbling on Twitter, the connection between the microblogging social media and the king of crypto might be clear to understand. However, if you are new to this arena, Jack Dorsey, CEO of Twitter, is one of the strongest defenders of Blockchain technology and the flagship cryptocurrency around Silicon Valley.  

Dorsey's speech comes in the aftermath of a security violation of his platform when many high-profile users - including musicians, politicians and more - had their accounts used to promote a Bitcoin scam. Ironically, according to Dorsey, if Twitter had a BTC-inspired blockchain system, such unauthorized access would be rendered impossible.  

What do you think? Do you believe making Twitter a blockchain-inspired platform is the future of social media? Are you hopeful that more high-profile tech moguls will join the Cryptocurrency revolution in the coming years? 

User Avatar
WRITTEN BY

CryptoParrot

Crypto Parrot Community Mgr - Here to help answer questions, fix things & help out when needed. Got feedback? Send those bad boys here: [email protected]

Related articles

Bitcoin records 3x higher average trading volume in October than Apple, Amazon, Microsoft

After experiencing increased volatility in late September, Bitcoin (BTC) appears to be regaining its momentum towards another all-time high…

2mins 12 Oct, 2021 CryptoSlashy
Almost 5,000 new cryptocurrencies launched in the last 12 months

As the cryptocurrency industry continues to mature with mainstream adoption, investors are pumping more money into the sector contributing to the sector’s popularity.…

2mins 22 Sep, 2021 CryptoParrot
Ethereum adds over 38 million new addresses in 2021, 22% of all ever created

The Ethereum network plays a key role in the cryptocurrency circles, with the asset recording significant interest.…

2mins 14 Sep, 2021 CryptoParrot
Blockchain-related job postings surge 118%, software development sector leads at 30%

The focus on cryptocurrency and blockchain technology has been growing in recent years as organizations explore how to leverage the industry’s full potential.…

2mins 31 Aug, 2021 CryptoParrot
Start trading

Recommended crypto exchange

Buy & sell Crypto in minutes

Learn more

Comments

Login to comment