2 years ago
Twitter ex-CEO Jack Dorsey has admittedly ne'er been a instrumentality of Ethereum and has been rather unfastened astir his stance connected the cryptocurrency. Dorsey has ever been a Bitcoin maximalist done and through, showing enactment for the pioneer cryptocurrency astatine each turn. Even going arsenic acold arsenic stepping down arsenic Twitter CEO to absorption much connected Block, a task which focuses solely connected gathering with bitcoin.
Despite being vocal astir not being a protagonist of ethereum, Dorsey does get asked a just spot what helium thinks astir the plus and the blockchain arsenic a whole. It’s 1 of these instances that led Dorsey to erstwhile again amusement that helium does not enactment the integer asset.
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Dorsey Does Not Support Ethereum
With Dorsey focusing each of his vigor connected gathering with bitcoin, others person brought up the anticipation of the Block CEO integrating different blockchains into his work. A Twitter idiosyncratic by the sanction of cdixon erstwhile again posed the anticipation of the CEO to enactment with ethereum and different blockchains, stating that determination were different applications of cryptocurrencies that would necessitate different chains.
Dorsey had responded to the tweet with a wide and concise tweet. The tweet, erstwhile again, leaned greatly towards enactment for bitcoin arsenic the CEO explained that lone unafraid and resilient technologies should beryllium used, alluding to the centralized quality of the ethereum blockchain.
“I judge successful you and your quality to recognize systems. It’s captious we absorption our vigor connected genuinely unafraid and resilient technologies owned by the wide of people, not individuals oregon institutions. Only that instauration volition supply for the applications you allude to.”
Coming For Web3
Dorsey’s tirade against centralized systems did not extremity with the ethereum blockchain. Web3, the caller babe of the innovative exertion space, besides drew disapproval from the CEO. He tweeted saying that users did not really ain web3. Instead, that it belonged to the VCs and the LPs who are presently investing heavy successful the space. Alluding to the information that the incentives of these VCs and LPs volition ever interaction it.
You don’t ain “web3.”
The VCs and their LPs do. It volition ne'er flight their incentives. It’s yet a centralized entity with a antithetic label.
Know what you’re getting into…
— jack⚡️ (@jack) December 21, 2021
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The tweet itself had drawn disapproval from those progressive successful the web3 abstraction who poured retired to antagonistic the views of the CEO.
Dorsey went connected to further mock the exertion alongside SpaceX CEO Elon Musk. Joining the discussion, Musk had tweeted saying, “Has anyone seen web3? I can’t find it.” To which Dorsey had mockingly replied that “It’s determination betwixt a and z.”
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