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Twitter’s Jack Dorsey Gives Hard No Answer to Supporting Libra

Published 10/25/2019, 08:40 AM
Updated 10/25/2019, 09:41 AM
© Reuters.   Twitter’s Jack Dorsey Gives Hard No Answer to Supporting Libra
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Twitter’s CEO Jack Dorsey has no intentions of signing up his company as a member of the Libra Association. He stated his hard refusal during a Twitter media event in New York, reported The Verge. He stated Libra was redundant, and he did not support Facebook’s idea to try out a cryptocurrency.

“It’s not an internet open standard that was born on the internet,” Dorsey said. “It was born out of a company’s intention, and it’s not consistent with what I personally believe and what I want our company to stand for.”

Dorsey said that Facebook (NASDAQ:FB) could have attempted to democratize the worldwide fi...

This article appeared first on Cryptovest

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