Bitcoin Only: Square CEO Jack Dorsey Doesn’t Care for Other Cryptocurrencies on Popular ‘Cash’ App

0
59

Square and Twitter CEO Jack Dorsey has made it very clear that Square will only support Bitcoin (BTC) in the foreseeable future. On February 6, in response to some members of the cryptocurrency community inquiring about potential Square integrations, Dorsey said: Nah — jack (@jack) February 5, 2019 He also expressed his enthusiasm towards the Lightning Network, a second-layer scalability solution that enables instantaneous payments on Bitcoin. Dorsey invested $2.5 million in Lightning Labs in 2018, a startup developing an infrastructure to handle Lightning payments on the Bitcoin blockchain network. Dorsey Likes Bitcoin and Other Executives Feel the Same Way

The post Bitcoin Only: Square CEO Jack Dorsey Doesn’t Care for Other Cryptocurrencies on Popular ‘Cash’ App appeared first on CCN

Suggested Posts