Ranked 11th on Cointelegraph’s top 100 most influential people in crypto and blockchain, Dorsey, who is also CEO for payments company, Square, has often spoken positively of Bitcoin.
In a podcast interview with tech researcher, Lex Fridman, Twitter CEO and co-founder, Jack Dorsey, referred to Bitcoin’s white paper as “Poetry.”
“I think the Bitcoin whitepaper is one of the most seminal works of computer science in the last 20 or 30 years,” Dorsey said in Fridman’s April 24 podcast episode. “It’s poetry,” he added.
Dorsey has talked about Bitcoin before
“It was something that was born on the internet, that was developed on the internet, that was tested on the internet – it is of the internet,” Dorsey said of Bitcoin in an interview with Joe Rogan on 2019.
Twitter’s CEO likes crytpo’s decentralization
“I think the most beautiful thing about it, is there’s no one person setting the direction, and there’s no one person, on the other side, that can stop it,” Dorsey said, responding to a question regarding his stance on Bitcoin and digital currencies.
“We have something that is pretty organic in nature, and very principled in its original design,” Dorsey noted, leading into his view of Bitcoin’s whitepaper as poetry.
Earlier in April, amid struggling markets and the coronavirus pandemic, Twitter’s CEO allocated a staggering $1 billion of his capital to Start Small LLC, a COVID-19 assistance fund he initiated.
US Authorities Freeze COVID-19 Website Alleged Scammer Tried to Sell for Bitcoin
The U.S. Departments of Justice (DOJ) and Homeland Security (DHS) have seized coronaprevention.org, alleging its owner tried to sell the domain for bitcoin after posting about it in a “hacker’s forum.”
Announced late Friday, the unidentified owner of the site tried to sell the domain to an undercover agent with the Department of Homeland Security’s Criminal Investigations unit, who said they wanted to use the site to sell fake COVID-19 testing kits, a plan the owner reportedly said was “genius.”
According to a warrant attached to the press release, the owner of coronaprevention.org, referred to as “Subject A,” listed the domain for sale on a forum “known to focus on content related to, and populated by users interested in, hacking and hijacking online accounts” a day after U.S. President Donald Trump declared a national emergency due to the virus.
The undercover agent reached out, and Subject A allegedly said they were charging $500 payable in bitcoin for the domain (according to the warrant, such domains are usually closer to $20). The agent ultimately sent a partial payment to an undisclosed bitcoin address.
The news comes on the heels of the DOJ’s announcement that it had “disrupted” hundreds of domains that were being used to shill scams related to COVID-19.
A list of the domains seized was not available, and it is unclear whether Friday’s seizure was related. However, earlier this week a DOJ spokesperson told CoinDesk, “The department is aware of the reported increase in COVID-19-related fraud involving various virtual payment platforms and appreciates the proactive assistance of many in the cryptocurrency community to thwart those schemes.”
The spokesperson did not respond to a follow up question about which entities it was working with.