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Bitcoin Alternatives Aren’t Interesting To Twitter CEO Jack Dorsey

During the recent hysteria around Twitter and Square CEO Jack Dorsey’s acceptance of the “lightning torch” on Twitter, many cryptocurrency enthusiasts couldn’t help but notice that Dorsey is not very interested in altcoins. The Twitter CEO sent out a few disparaging tweets in terms of some of Bitcoin’s alternatives (especially Bitcoin Cash) around the time he accepted the torch.

During a recording of the Stephan Livera podcast over the weekend, Dorsey was asked to clarify his position on altcoins and explain why he stays focused on Bitcoin.

Bitcoin Has a Strong Brand

Before being asked about his focus on Bitcoin, Dorsey initially pointed out that Bitcoin benefits from relatively strong brand recognition.

“The brand of Bitcoin is just really spectacular,” said Dorsey.

The Twitter CEO added that the Bitcoin brand has become stronger in the face of troubling events such as an initial…

Read Full Story : Crypto Daily™

2019-02-12 21:30:00

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