Jack Dorseys departure from Twitter gives him more time to focus on his passion for bitcoin
Summary
Jack Dorsey, co-founder and chief executive officer of Twitter Inc. and Square Inc., speaks during the Bitcoin 2021 conference in Miami, Florida, U.S., on Friday, June 4, 2021. Dorsey is a long-time fan of bitcoin, attributing his "passion" for the worlds biggest cryptocurrency to its function as "a foundational internet technology that is not controlled or influenced by any single individual or entity." New Twitter CEO Parag Agrawal has been central to chasing this vision, which recalls the way the internet was originally built on top of common standards. Tom Lee, the head of research at Fundstrat Global Advisors, told CNBC that the changing of the guard at Twitter is "bullish for crypto." "There isnt enough capital actually allocated toward crypto innovation, so it takes people like Jack Dorsey to really marshal focus," Lee said Monday on CNBCs "Tech Check."
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