The New Twitter Crypto Division Opens Up A Few Questions. Here’s What We Know
crypto

The New Twitter Crypto Division Opens Up A Few Questions. Here’s What We Know

THELOGICALINDIAN - What does Jack Dorsey anticipate about Twitters crypto aggregation Thats the catechism Without alarum or alike an official account the new Twitter Crypto analysis aloof came into actuality Theyll awning cryptocurrencies and blockchainrelated affairs New appoint Tess Rinearson took to area abroad Twitter to advertisement her new position and the administration that her administration will booty the aggregation Able-bodied be alive to amount out what crypto can do for Twitter as able-bodied as what Twitter can do for crypto Rinearson said

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About Tess herself, through her website she gets us up to speed:

“Most recently, I formed at the Interchain Foundation, area as VP of Engineering I led teams architecture open-source basement for abounding arch blockchain networks, including Cosmos. Among added things, these teams were amenable for Tendermint Core, a accepted proof-of-stake accord engine, and the Inter-Blockchain Communication Protocol, a arch interoperability standard.”

Twitter Price blueprint for 11/11/2021 - TradingView

What Do We Know About The Twitter Crypto Division?

Not much, because Cheep Crypto’s conception didn’t accomplish the company’s blog. The aggregation will assignment anon beneath Parag Agrawal, Twitter’s CTO. And they’re currently “hiring for roles in engineering and product.” According to Rinearson, Cheep Crypto will focus “on crypto, blockchains, and added decentralized technologies—including and activity above cryptocurrencies.”

In her thread, Rinearson identifies three capital areas of assignment for Twitter Crypto: 

So, essentially, Twitter Crypto will focus on affiliation with Web3, the Altcoin world, DeFi, acute contracts, and NFTs. Which, of course, brought every activity beneath the sun and their business teams to angle beneath Tess Rinearson every tweet.

This brings us to the aboriginal question.

What Would Jack Dorsey Think About The Twitter Crypto Division?

It’s no abstruse that Dorsey is a Bitcoin maximalist of the accomplished order. According to him, Bitcoin is the greatest apparatus of our lifetime. In the Bitcoin 2021 conference, Dorsey said  “All of the added coins, for me, don’t agency in at all.” However, alike admitting Twitter enabled tips over the Lightning Network, the company’s accomplishments don’t absolutely bout Jack Dorsey’s words. 

On the one hand, Dorsey’s talking about architecture a bigger apple through Bitcoin and accusatory the ascent inflation. On the other, Twitter is censoring people, abacus artificial disclaimers, and deplatforming anybody who deviates from the official narrative. It seems like the CEO is not in abounding ascendancy of the aggregation he created. And that makes faculty if you accede all the money the amusing media belvedere produces. And all the interests that assignment abaft the scenes for that apparatus to accumulate on moving.

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The new Twitter Crypto analysis is addition affidavit of that fact. While it’s accurate that Jack Dorsey as a being wouldn’t accede added blockchains, the aggregation he represents is acutely affective in that direction. However, it’s additionally accurate that the new team’s conception didn’t accomplish Twitter’s official advertisement channels. So, what’s absolutely activity on here? Is Twitter absolutely testing the amnion of Altcoin land? 

Let’s chase Tess Rinearson and acquisition out.