{"id":591127,"date":"2024-01-20T11:18:44","date_gmt":"2024-01-20T16:18:44","guid":{"rendered":"https:\/\/erickimphotography.com\/blog\/?p=591127"},"modified":"2024-01-20T11:20:26","modified_gmt":"2024-01-20T16:20:26","slug":"jack-dorsey-on-bitcoin","status":"publish","type":"post","link":"https:\/\/erickimphotography.com\/blog\/2024\/01\/20\/jack-dorsey-on-bitcoin\/","title":{"rendered":"Jack Dorsey on Bitcoin"},"content":{"rendered":"\n

This changes almost everything?<\/h2>\n\n\n\n
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For me Bitcoin changes absolutely everything. What I\u00e2\u20ac\u2122m drawn to the most about it is the ethos, is what it represents, are the conditions that created it, which are so rare and so special and so precious. I don\u00e2\u20ac\u2122t think there\u00e2\u20ac\u2122s anything more important in my lifetime to work on and I don\u00e2\u20ac\u2122t think there\u00e2\u20ac\u2122s anything more enabling for people around the world.Said at Bitcoin 2021, in June 2021<\/a>none<\/p>\n<\/blockquote>\n\n\n\n

Jack Dorsey seems to be in accordance with my thinking; very skeptical of Ethereum.<\/p>\n\n\n\n

The rapper Cardi B asked Jack Dorsey; \u00e2\u20ac\u0153do you think crypto is going to replace the dollar\u00e2\u20ac\u0153? Jack Dorsey responds \u00e2\u20ac\u0153Yes, Bitcoin will\u00e2\u20ac\u009d\u00e2\u20ac\u201d 2021 <\/p>\n\n\n\n

Bitcoin chaser<\/a>\u00e2\u20ac\u201d <\/p>\n\n\n\n

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you\u00e2\u20ac\u2122re building on Ethereum you have at least one, if not many, single points of failure and therefore not interesting to me.Cited by Forbes in April 2022<\/a><\/p>\n\n\n\n

none<\/p>\n<\/blockquote>\n\n\n\n

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Mining needs to be more distributed. The core job of a miner is to securely settle transactions without the need for trusted 3rd parties. This is critical well after the last bitcoin is mined. The more decentralized this is, the more resilient the Bitcoin network becomes.Part of thread tweeted on October 2021<\/p>\n\n\n\n

none<\/p>\n<\/blockquote>\n\n\n\n

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You don\u00e2\u20ac\u2122t own \u00e2\u20ac\u0153web3.\u00e2\u20ac\u009d The VCs and their LPs do. It will never escape their incentives. It\u00e2\u20ac\u2122s ultimately a centralized entity with a different label. Know what you\u00e2\u20ac\u2122re getting into\u00e2\u20ac\u00a6Tweeted December 2021<\/a>, addressing his view that it is not truly decentralized.  This was in response to a tweet that indicated that 27% of all BTC in circulation is owned by 0.01% of BTC hodlers.<\/p>\n\n\n\n

none<\/p>\n<\/blockquote>\n\n\n\n

In response to a question from Cardi B in 2021<\/p>\n\n\n\n

https:\/\/platform.twitter.com\/embed\/Tweet.html?creatorScreenName=BitcoinChaser&dnt=true&embedId=twitter-widget-0&features=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%3D%3D&frame=false&hideCard=false&hideThread=false&id=1473089482576564225&lang=en&origin=https%3A%2F%2Fbitcoinchaser.com%2Fjack-dorsey-quotes-bitcoin%2F&sessionId=0d9d7b7e5e1b64e20b88550ee54f3b4058a9d937&siteScreenName=BitcoinChaser&theme=light&widgetsVersion=01917f4d1d4cb%3A1696883169554&width=500px<\/p>\n\n\n\n

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For me Bitcoin changes absolutely everything. What I\u00e2\u20ac\u2122m drawn to the most about it is the ethos, is what it represents, are the conditions that created it, which are so rare and so special and so precious. I don\u00e2\u20ac\u2122t think there\u00e2\u20ac\u2122s anything more important in my lifetime to work on and I don\u00e2\u20ac\u2122t think there\u00e2\u20ac\u2122s anything more enabling for people around the world.Said at Bitcoin 2021, in June 2021<\/a><\/p>\n\n\n\n

none<\/p>\n<\/blockquote>\n\n\n\n

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Blockchain and Bitcoin point to a future, point to a world, where content exists forever. We\u00e2\u20ac\u2122re not in the content hosting business anymore, we\u00e2\u20ac\u2122re in the discovery businessSaid at Oslo Freedom Forum in September 2020<\/a><\/p>\n\n\n\n

none<\/p>\n<\/blockquote>\n\n\n\n

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Blockchain points to a series of decentralized solutions for open and durable hosting, governance, and even monetization. Much work to be done, but the fundamentals are there.Tweeted December 2019<\/a><\/p>\n\n\n\n

none<\/p>\n<\/blockquote>\n\n\n\n

Read more great quotes in our collection of best Bitcoin quotes<\/a>.<\/p>\n<\/blockquote>\n","protected":false},"excerpt":{"rendered":"

This changes almost everything? For me Bitcoin changes absolutely everything. What I\u00e2\u20ac\u2122m drawn to the most about it is the ethos, is what it represents, are the conditions that created it, which are so \u2026<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_seo_schema_type":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_ek_photo_artist_note":"","_ek_photo_thesis":"","_ek_photo_camera":"","_ek_photo_place":"","_ek_photo_human_moment":"","_ek_photo_sequence":"","_ek_photo_question":"","_ek_photo_canonical_claim":"","_ek_photo_ai_summary":"","_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[17],"tags":[],"class_list":["post-591127","post","type-post","status-publish","format-standard","hentry","category-posts"],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/posts\/591127","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/comments?post=591127"}],"version-history":[{"count":4,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/posts\/591127\/revisions"}],"predecessor-version":[{"id":591133,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/posts\/591127\/revisions\/591133"}],"wp:attachment":[{"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/media?parent=591127"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/categories?post=591127"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/tags?post=591127"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}