Cryptocurrency

CEO of Twitter announced that it will move to Africa after tour bitcoiner

Key facts:

Jack Dorsey believes that the future of bitcoin will be defined in this continent.The executive held meetings with enthusiasts of bitcoin in Nigeria, Ghana and Ethiopia.After a tour of bitcoiner who took him to Nigeria, Ghana and Ethiopia, Jack Dorsey, co-founder and current CEO of Twitter, reported that in the year 2020 will be moving to Africa. In a message released last Wednesday, the executive of the social network stated that the continent will define the future, especially the bitcoin, so that already analyzes spending the next year between 3 and 6 months in a country to define.Dorsey was active during the month of November in the african territory in which held meetings with multiple communities of enthusiasts of bitcoin and tech entrepreneurs. The meetings kicked off the 7 of November in Nigeria and continued to 11 in Ghana until it ended on Wednesday 27th in Ethiopia.“It is sad to be leaving the continent … for now. Africa will define the future (especially that of bitcoin!). I’m still not sure where, but I will live here for 3-6 months to mid-2020. Grateful, I was able to experience a small part”, was the message that was published by Dorsey and with which he completed the tour of the three countries.The tour of Jack Dorsey, took him to Ethiopia, where he said having listened to presentations amazing. Source: @jack in TwitterEl also CEO of the payment provider Square has made it clear that bitcoin is a project by which will in the future, as it has done in the past. At its discretion, but without mention of any specific reason, Africa will be key in the future of the main criptomoneda of the market.Remember that in October the own Dorsey indicated that bitcoin was becoming the “national currency” of the Internet and that it would not support proposals such as a Pound of Facebook because of cutting projects corporate. The entrepreneur is one who thinks that there are that use open standards and existing as bitcoin.

Approach with bitcoin

The approval of Dorsey with regard to bitcoin is not new. In may of last year, during his participation in the conference Consensus 2018, said that “the Internet deserves a native currency. You will have a native currency. I don’t know if it will be bitcoin or not. I hope so.”Even, in February of this year, Dorsey was defined by what goes for bitcoin and not for other cryptocurrencies: “Bitcoin has principles. Bitcoin is native to the ideals of the Internet. And it’s a big brand,” she said during a session of questions and answers from his Twitter account in which he confessed that only has bitcoin.In the criptoecosistema there are projects that during the last few years have looked more closely at the african continent as a way of facilitating solutions to millions of people who are outside the banking system or as a bridge to provide assistance of a social nature. One of these companies is the exchange platform Paxful, which already has an office in Nigeria and has built schools in other countries in the region such as Rwanda.