Jack Dorsey Donates $10 Million To Turn Bitcoin Into ‘The Native Currency Of The Internet’

Malaysia News News

Jack Dorsey Donates $10 Million To Turn Bitcoin Into ‘The Native Currency Of The Internet’
Malaysia Latest News,Malaysia Headlines
  • 📰 Forbes
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 53%

.jack responded to Forbes about what he hoped OpenSats would accomplish with his $10 million donation, in Morse code. See article for translation: via ForbesCrypto by DelRayMan

Jack Dorsey speaks at an event he co-organized in Costa Rica with Alex McShane to meet with other users of the Nostr decentralized social media platform.Twitter co-founder Jack Dorsey is proving just how serious he is about bitcoin and the future of social networks with a $10 million donation to the non-profit OpenSats, which says it will use 100% of the funds for both purposes, without taking a cut for itself.

Prior to leaving Twitter in May 2022, Dorsey had conceived of and invested $13 million into a similar open-source social protocol that would let users move their profiles between competitors, now being developed by a team called Bluesky. Though he’d previously given @FiatJaf 14 bitcoin worth a little over $200,000 at the time it was donated, this latest infusion will level the playing field and reduce any sense that he’s picking favorites in his mission to out-compete Twitter.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Forbes /  🏆 394. in US

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Carl Icahn's fortune slumped $10 billion on short seller allegationsActivist investor Carl Icahn's wealth plunged by $10 billion after a short-seller accused his company of running a 'Ponzi-like' structure
Read more »

Shell posts $10 bln profit, lifted by fuel tradingShell posts $10 bln profit, lifted by fuel tradingShell on Thursday posted first-quarter net profit of $9.65 billion, topping analysts' forecasts, as strong earnings from fuel trading and higher liquefied natural gas (LNG) sales offset cooling energy prices.
Read more »

Bitget Exchange Launches $10 Million Initiative for Young Blockchain EnthusiastsBitget Exchange Launches $10 Million Initiative for Young Blockchain EnthusiastsBitget, a leading crypto exchange, announces the launch of massive educational campaign for new generation of devs
Read more »

Shop the Best Silicone-Free Conditioners for All Hair Types & Budgets - E! OnlineShop the Best Silicone-Free Conditioners for All Hair Types & Budgets - E! OnlineHydrate, protect and grow your tresses with these conditioners starting at $10.
Read more »

Watchdog: IRS Has Spent $10 Million on Firearms, Ammunition Since 2020Watchdog: IRS Has Spent $10 Million on Firearms, Ammunition Since 2020The IRS has spent $10 million on firearms, ammunition, and “military-style gear” since 2020, the New York Post said on May 2, citing an Open the Books report.
Read more »

Bitget pledges $10M for Blockchain4Youth corporate responsibility projectBitget pledges $10M for Blockchain4Youth corporate responsibility projectThe first part of the program involves campus lectures on Web3 held in universities across Taiwan, Vietnam and Thailand.
Read more »



Render Time: 2025-02-27 17:40:50