It was said by Jack Dorsey, former Twitter CEO that Bitcoin will very soon replace US Dollar. The interaction of Twitter Grammy rapper and tech billionaire for crypto appropriating the dollar has prompted adequately the reactions on the Twitter.
In latest exchange on Twitter, with Cardi B the award-winning rapper and Jack Dorsey, former Twitter CEO mentioned that Bitcoin will quickly replace US dollar. Also, Cardi B even asked on Twitter that the crypto will replace US currency. Dorsey agreed and said, “Yes, Bitcoin soon will replace US currency.”
Massive reaction of Crypto Statement
The interaction between tech billionaire and Cardi B on Twitter has provoked massive reactions on various social media platform. Billy Markus, co-founder of Dogecoin posted a meme related to how Dogecoin is stable rather than US dollar. Though, Dennis Porter investor has pointed “this kind of conversation is inevitable.”
Bitcoin Mining system
Dorsey also mentioned that Block is planning to create a bitcoin mining system. It is based on the custom silicon along with open source for people and also for businesses. This will also add current bitcoin-focused projects. It includes a business for creating the open developer platform, along with hardware wallet for cryptocurrency.
If this is done, we would follow the model of hardware wallet. Build in an open in the collaboration with community. A team which is led by Jesse Dorogusker, hardware leader, will investigate details for Square for taking the project to create the mining system.
Dorsey pursuits crypto
Dorsey’s love for crypto and Bitcoin is since 2017 when he plans to advocate Bitcoin as a king coin. While with the crash in crypto market in the year 2018, Dorsey still called Bitcoin as a forthcoming world currency, rather than digital currency which is at its bottommost point. He also spent several dollars every week to purchase Bitcoin.