Twitter founder and CEO Jack Dorsey was all praise for digital currencies, particularly Bitcoin (BTC), on Wednesday.
After a user asked him which cryptocurrency he was holding, Jack revealed to him that he just held BTC.
I only have bitcoin https://t.co/C24xNJxuFB
— jack (@jack) February 5, 2019
For what reason Does Jack Choose Bitcoin
In a tweet answering to a user, Jack composed on Twitter, “I just have Bitcoin.”
Before that he tweeted:
Cool example of #BitcoinTwitter experimenting on the Lightning Network.
🔥
⚡️Torch received, now passing along to @starkness! #LNtrustchain https://t.co/YVMAv62fCN— jack (@jack) February 5, 2019
He referenced Elizabeth Stark in the tweet, who is the co-founder of Lightning Labs.
He didn’t suggest how much BTC he was holding but said it was enough.
But Jack’s tweets didn’t end here. In some ensuing tweets, he addressed a portion of the user’s questions regarding his choice of Bitcoin.
Bitcoin is resilient. Bitcoin is principled. Bitcoin is native to internet ideals. And it’s a great brand.
— jack (@jack) February 5, 2019
He said that BTC is strong, principled and an incredible brand. He also said that BTC is local to the ideals of the web.
Will Twitter Ever Venture Into Crypto?
Love the idea https://t.co/kTB3wgKBdH
— jack (@jack) February 6, 2019
The Twitter feed of social media platform founder was brimming with questions.
One of the users inquired as to whether he could envision adding a BTC tipping button.
Jack said that he could envision it and may have a response to the question eventually, but he is more concerned about the well being and quality of information on the stage starting at now.
Another user inquired as to whether Twitter could give users a chance to tip others with Satoshis as it would enable the content quality to go up.
Jack said that he cherishes the thought.
Love the idea https://t.co/kTB3wgKBdH
— jack (@jack) February 6, 2019
BTC Price
BTC was last at the $7,000 price range at the start of September 2018 before dipping slightly to the mid-$6,000 level. The top-ranked cryptocurrency held this price mark until the mid-November crash which nearly took the price below $3,000.
BTC Price Prediction
Experts forecasts that Bitcoin will end the year trading significantly higher than its present price. However, none of the six participants predicted a new all-time high for BTC in 2019. The mean value of all six forecasts suggests an 84 percent price increase to $7,000.
