WHY JACK DORSEY IS A #BITCOIN LEGEND
Worth $5.7 billion
Discovered BTC at $11
Wears a Satoshi shirt everywhere
A thread 🔥
1/ In 2009, Jack Dorsey was already a tech mogul.
The founder of Twitter – he was on his way to becoming a multi-billionaire.
But he realized there was a bigger problem – payments – even with smartphones, our money was broken. 🤩
2/ By 2012, Jack had founded Square (now Block)
It was one of the world’s fastest growing financial startups, processing over $3 billion.
That’s when Jack heard about #Bitcoin – and he was eager to accept an innovative new currency. 👏
3/ Jack quickly dove into the #Bitcoin white paper.
He understood it was an invention in computer science.
He called it "poetry." 😍
4/ By 2014, Jack had integrated #Bitcoin into Square
"You should be able to accept cash, check, or $BTC," he said.
This was at a time when many payment processors and banks were still FUDing and dismissing it 😠
5/ By 2018, Jack was deeply embedded in the technology
He became one of the 1st users of the Lightning network – a cutting-edge L2 for #Bitcoin payments
Here he is sending one of the world’s 1st LN payments ⚡
6/ At a time when many tech CEOs were still backing "crypto," Jack made clear he focused on #Bitcoin only.
He was regularly on X dispelling FUD.
He called its community "principled." 👏
7/ But Jack wasn't just using #Bitcoin for payments.
In 2020, he adopted it for Square's treasury – then pivoted the whole company to adopt a Bitcoin focus.
Today, Block has stockpiled over 8,000 $BTC worth over $250 million and is investing profits regularly 🔥
8/ At the same time, Jack announced unprecedented personal support for #Bitcoin's unpaid developers.
He pledged to donate millions to hard-working coders.
He also vowed to take on the frauds pretending to be Satoshi Nakamoto in court ✊
9/ Wherever there was FUD, Jack was there.
Here he is calling out FTX CEO SBF for spreading lies about the cost of #Bitcoin payments.
SBF has since been put in jail 🤯
10/ Then, in 2021, Jack took aim at crypto VCs.
Here he is calling out A16z for funding vaporware.
His posts sparked a wave of articles on the difference between #Bitcoin and crypto 🧡
11/ Jack even stood up to tech giants like Apple.
Here he is calling out Tim Cook directly for blocking apps with #Bitcoin payments.
This year, Apple Pay finally announced an integration 🏆
12/ Later, Jack teamed up with Jay-Z on a global #Bitcoin adoption initiative.
He pledged to donate 500 $BTC to African entrepreneurs building on the technology
That's over $50 MILLION 👏
13/ Jack did the same for underprivileged kids in America.
Today, he's giving $1,000 in #Bitcoin to graduates of The Bitcoin Academy in inner cities.
Students can save the $BTC or use it to build innovative apps and companies 💫
14/ In fact, Jack is now the biggest contributor to #Bitcoin development in the world.
He's a major donor to almost every $BTC developer organization in the world.
Estimates suggest he's giving $5 million annually
15/ Jack continues to give not just money but time.
He regularly attends #Bitcoin conferences in Africa and Indonesia – ensuring they get media attention and support.
Here he is in Kenya just last week 💕
16/ No matter where he goes, Jack is spreading #Bitcoin.
Here he is at last year's Super Bowl next to Beyonce and Jay-Z.
Promoting $BTC on the biggest stage in the world 👏
17/ Today Jack calls #Bitcoin his "life's mission."
He believes it will bring world peace
✨
This thread is made possible by support from @CasaHODL, the leaders in #Bitcoin custody and inheritance
Why I trust them to secure my savings 👉 Casa.io/history
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