Jack Dorsey chases crypto, fintech dream post Twitter, Money News

Jack Dorsey chases crypto, fintech dream post Twitter, Money News

Jack Dorsey’s Big Exit from Twitter

Ever‑seen CEO, now on a new mission

In a whirlwind of corporate chatter, Jack Dorsey just handed over the reins at Twitter for the second time. Yep, he’s trading the “twit” for a brand new obsession: Bitcoin (and a whole lot of other juicy pursuits).

  • Twitter’s new CEO is Parag Agrawal, an old sidekick of Dorsey’s.
  • He keeps his boots on Square, inflating his hobby fund with crypto and philanthropic gigs.
  • He’s pumped up his ventures with a new unit, TBD, that’s all about Bitcoin.

What’s the real deal with the “decentralisation” buzz?

For Dorsey, decentralisation is more than a slogan – it’s a lifestyle. He’s basically saying, “Stop letting a few tech giants run the show.” Bottom line: put the power back in the hands of the crowd. How does that look on the ground?

  • Square’s Bitcoin Brigade is building grants, wallets, mining rigs, and an open‑source exchange. They’re treating crypto like a social experiment.
  • Twitter is testing a Bluesky protocol that lets different platforms talk to one another – think “email but for social networks.”
  • Both companies also hand out the digital coin for tipping creators, and Twitter is dabbling with NFTs (the digital art that’s cooler than a selfie with a cat).

Why should we care?

Think of it as the difference between a stand‑up gag and a full‑blown parade. Dorsey’s exit is the cue that Square’s future is all about Bitcoin, not just cash dropping into your phone. Analysts are calling it a “positive signal.” Look, the Cash App has been doing a decent job, but its high‑profile acquisition of Afterpay is a cliff‑hanger that’s still on the docket. Mythically speaking, it might take a decade before their crypto‑philosophy becomes mainstream, but it’s a start.

Bottom line (in the same beat as the old live‑o‑die chant)

  • Jack’s leaving Twitter means Square gets the spotlight.
  • He’s building a future where the masses can barter in Bitcoin.
  • Meanwhile, the whole ecosystem gets a fresh dose of creativity, philanthropy, and a dash of technology that’s off‑grid.

Stay tuned. Who knows – next week we might see a “Bitcoin fashion line” or a “Bitcoin yoga session.” Either way, Dorsey’s playing the game with a new, wildcard hand.