Crypto Blog
The high-tech industry continues to make active inroads into the blockchain industry, proposing and building out new solutions that make Web3’s products better and more usable by mainstream folks as well as sophisticated industry participants.Back in 2021 at “The B-Word” conference by Crypto Council for Innovation, on a panel alongside Cathie Wood and Elon Musk, Dorsey said,
Moreover, his payments processing company bought CashApp and began offering users easy, hassle-free Bitcoin custody so they could buy BTC with a credit or debit card on their phone. Furthermore, in Block’s Q1 earnings report to investors, a note from Dorsey announced that moving forward, the Oakland, California-based Web3 company“Historically and moving forward, our investment in bitcoin transcends technology; it is an investment in a future where economic empowerment is the norm. This commitment drives our business into new territories, unlocking novel opportunities for our customers, and securing enduring value for you, our shareholders.
“I feel like I’ve been underinvested in it,” Thiel said at a time every Bitcoin investor felt that way. In the debate over whether investors are still early or too late to Bitcoin, he said, “I think the answers are still to go long… maybe it still is enough of a secret.” “Elon has tons of money, and he’s very sophisticated, so I don’t worry that his Bitcoin will randomly go up or down,” Gates said right before markets crashed and burned in 2022. “I do think people get brought into these manias who may not have as much money to spare, so I’m not bullish on Bitcoin.
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