Jack Dorsey Receives Support From Musk And Buterin
Crypto Guide
Live News

Keeping up with all the cryptocurrency news and updates is not an easy task, but we are up to the challenge! This way we can help our readers to keep track of changes in these fast growing currencies. Just like our site, lambo2btc.com is willing to face this challenge and on their site, they compile the features, key elements, and recent news involving bitcoin casino sites and which are the best to try!

Jack Dorsey Receives Support From Musk And Buterin

March 7, 2020      Zain Raza

Jack Dorsey’s position as a Twitter CEO is hanging in the balance and can get kicked out by the investors. However, A few top-notch crypto elite’s have come out in his support.

The main man of Tesla, CEO Elon Musk who’ has built his reputation as a crypto freak with his endorsement, has backed Jack Dorsey to continue being at the helm. He tweeted:

“Just want to say that I support @Jack as Twitter CEO. He has a good [heart]”.

Buterin co-founder of the significant cryptocurrency project Ethereum raised a few question marks over the competence of a new potential CEO that would replace Dorsey, saying:

These comments come in response to the 4% stake acquiring by the billion founders of Hedge fund Elliott, Pau singer. He is pushing for a major overhaul at twitter, including Jack Dorsey’s removal.

CNBC reports that Elliott is holding a $1 billion stake in Twitter and has named four new members. Elliott has had some controversial history with the CEOs of major global companies like eBay, AT&T and has been behind a lot of CEO’s departures. Twitter shares sky-rocketed by nearly 8% after the news broke out.

Jack Dorsey Removal Unjustified or Pau Singer Concerns  Genuine?

Jack Dorsey

Dorsey has come under fire from the investors for paying extra attention to his crypto business Square rather than the twitter platform. Also, Jack Dorsey has come under scrutiny for being CEO of two publicly listed companies. Jack Dorsey also announced his plans to work in Africa for six months, and reportedly, Singer doesn’t fancy the idea of it.

Dorsey for a while now has publicly stated that he is enamoured of Bitcoin (BTC), even going as far as claiming that it is the currency for the future. His company, Square, recently introduced a new program to enhance bitcoin development.

You May Also Read:

READ  Microsoft’s ION Launches Beta Testing on Bitcoin Network
#Crypto News #Jack Dorsey #Square #Square crypto app #Twitter #Twitter CEO
Zain Raza
Zain Raza

Zain is a fervid fan of bitcoin and has been meticulously covering the field for a fair amount of time now. An aficionado of Spider man, Liverpool and Slim Shady.