NewsJun, 2021

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Jack Dorsery & Elon Musk to have the ‘bitcoin talk’ at an upcoming event

It looks like two tech giants will be joining each other on a big stage next month to discuss the future of Bitcoin. Jack Dorsey and Elon Musk have never shied away from voicing their opinion in public about the cryptocurrency industry. However, this will mark a first-of-its-kind event in which these two will address the public together. 

Dorsey, the CEO of Twitter and Square, recently tweeted about the upcoming bitcoin event called 'The B Word' to which Musk replied. So naturally, it caught everyone's eye, and the Twitter world exploded with all sorts of theories for what it could mean. 

Dorsey asked Musk to join him on the stage and share his theories, to which Musk responded with "For the Bitcurious? Very well then, let's do it," followed by an emoji. It is still not clear if the event will take place in person or virtually. 

Dorsey has long been a frank advocate for bitcoin and believes the cryptocurrency will revolutionize the world for the better, as concluded from his tweets. By mid-May, the payment processing company Square, which he owns, held more than 8000 bitcoin. It shows Dorsey trusts the system and is playing his active role in scaling its adoption. 

However, Elon Musk is a mystery because sometimes he shows support for Bitcoin, and at times he is vocal about Dodgecoins. Unfortunately, Tesla stopped accepting bitcoin as a payment option in mid-May, citing environmental and sheer energy expenditure concerns. 

It will be interesting to see what sort of curiosities both tech leaders will be sharing about Bitcoin and what it means for its future.