Cardi B and Jack Dorsey’s conversation on the replacement of the US dollar by cryptocurrencies saw massive reactions on social media platforms. Dogecoin co-founder Billy Markus posted a meme about how Dogecoin is more stable than the US dollar, while bitcoin investor Dennis Porter pointed out that “this kind of conversation really had to happen.” “
Dorsey said last October that Block is looking to build a bitcoin mining system based on custom silicon and open source for miners as well as businesses. The system will link with the company’s existing bitcoin-based project, which includes a business as well as a hardware wallet for cryptocurrencies, to create an open developer platform.
Dorsey has previously suggested that bitcoin will become a global currency for the Internet. Dorsey also took a dig at investors by claiming that Web3, a decentralized application based on blockchain, is under the same centralized control as the existing Internet.<!–
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