THELOGICALINDIAN - Two of the tech industrys top leaders will altercate cryptocurrency abutting month
Two accepted tech leaders are advancing to altercate Bitcoin, according to a Twitter chat that took abode today.
Dorsey Announces “The B Word”
In a Twitter thread, Jack Dorsey, CEO of Twitter and Square, appear a Bitcoin appointment alleged “The B Word.”
In acknowledgment to the name of the conference, Tesla CEO Elon Musk replied: “Bicurious?…or right…Bitcoin haha.”
Dorsey replied: “Bizarre! Let’s you and I accept a chat at the event. You can allotment all your curiosities.”
Musk again wrote. “For the Bitcurious? Very able-bodied then, let’s do it,” Dorsey assured the chat with: “Done! Will set up.”
According to the conference’s website, the accident will booty abode on July 21. In accession to Dorsey, it will affection Cathie Wood of ARK Invest, Adam Back of Blockstream, and John Newbery of Brink.
Musk not been clearly added to the event’s account of speakers yet.
Where Does Each Leader Stand on Bitcoin?
Both Musk and Dorsey accept answer Bitcoin acceptance in the past. Additionally, anniversary has fatigued that Bitcoin needs to calibration up, either in agreement of transaction throughput or activity usage.
Dorsey has historically bidding absorption in the Lightning Network, a second-layer adjustment arrangement that handles affairs alongside Bitcoin’s capital network. Square Crypto has invested in Lightning and several added accoutrement in the Bitcoin ecosystem.
Meanwhile, Musk is anxious about Bitcoin’s activity consumption. Recently, he appear that Tesla would suspend Bitcoin payments until the cryptocurrency mining industry turns to acceptable energy. Square is auspicious greener Bitcoin mining as well, but the affair seems to be a abundant greater affair for Tesla.
Finally, both tech leaders allotment one important quality: they accept invested heavily in cryptocurrency through their companies. Dorsey’s Square holds $259 actor account of Bitcoin (8,027 BTC), while Musk’s Tesla holds $1.4 billion in Bitcoin (42,092 BTC).
Those similarities and differences will assuredly accord Dorsey and Musk affluence to altercate at the conference.
Disclaimer: At the time of autograph this columnist captivated beneath than $75 of Bitcoin, Ethereum, and altcoins.
