Twitter and Square CEO Jack Dorsey announces that he supports Bitcoin. He believes the cryptocurrency is a long-term path towards greater financial access for all.
Big market players are now entering the cryptocurrency arena. As a result, users are looking towards more straightforward access to crypto services through such adoption. However, there are setbacks. Tech giant Microsoft temporarily suspended bitcoin payments and transactions. Microsoft had been the most prominent company to have announced support for the virtual currency’s payment use last year but is now, surprisingly, no longer accepting the flagship cryptocurrency.
Instant buying (and selling, if you don’t want to hodl) of Bitcoin is now available to most Cash App customers. We support Bitcoin because we see it as a long-term path towards greater financial access for all. This is a small step.
We also made this! https://t.co/z3u0liDNk4
— jack (@jack) January 31, 2018
Dorsey Going to Bat
However, a major player has just thrown his considerable weight behind supporting the daddy of cryptocurrencies. Twitter and Square CEO Jack Dorsey announced his support for the cryptocurrency, stating:
Instant buying (and selling, if you don’t want to hodl) of Bitcoin is now available to most Cash App customers. We support Bitcoin because we see it as a long-term path towards greater financial access for all. This is a small step.
Dorsey’s announcement towards supporting the virtual currency is the latest in a series of crypto-related actions by some major players. Coinbase hired former Salesforce executive Tina Bhatnagar last week, and Facebook instituted a ban on all ads promoting cryptocurrencies and ICOs on January 30th…
Read Full: Twitter CEO Jack Dorsey: Bitcoin Provides Broader Financial Access for All
