Jack Dorsey stepped down as CEO of Twitter on Monday morning, citing his belief that the company was “ready to move on from its founders.” That means he’ll have more time to spend on Square, the payments company he also founded and leads, and on his budding fascination with cryptocurrency.
Dorsey is a long-time fan of bitcoin, attributing his “passion” for the world’s biggest cryptocurrency to its function as “a foundational internet technology that is not controlled or influenced by any single individual or entity.”
“If I were not at Square or Twitter, I’d be working on bitcoin,” Dorsey told a crowd at Bitcoin 2021, a mega conference that drew tens of thousands to Miami in June.
