Twitter CEO Made It Clear About Libra

October 25, 2019, by Marko Vidrih on ALTCOIN MAGAZINE

CEO of Twitter and a big supporter of Bitcoin Jack Dorsey made it clear that he does not share the values ​​of the creators of the Libra project and will not join his board, even if he receives such an offer.

When asked if Twitter could become a member of the Libra Association, Dorsey said:

“Hell no! Nothing within Libra had to be a cryptocurrency to do what they wanted to do.”

Dorsey also commented on the recent speech of Mark Zuckerberg in the US Congress, noting excessive attention to the “American tradition” in his speech:

“A lot of it seemed to be based in American tradition. I fear that if we base too much in this one concept, we take away the ability to experiment and expand. We are not just serving an American audience, we are serving a global audience […]The internet is somewhat of an emerging nation-state.”

Twitter CEO previously reported that he prefers the “open standards” of the Internet, to which he relates Bitcoin, to private alternatives.

“I think open internet standards serve every person better than ones controlled or started by companies,” said Dorsey. “I think [Bitcoin’s] the best bet because it’s been the most resilient, it’s around for 10 years, it has a great brand and it’s been tested a bunch […] As I look at all cryptocurrencies that could fill that role of being the native currency for the internet, [Bitcoin is] a pretty high probability.”

In a recent statement, Dorsey emphasized that he does not attribute Libra to such tools:

“This is not an open Internet standard that would be born on the Internet.”

Author: Marko Vidrih