Dorsry, speaking with Michael Saylor at the MicroStrategy World Conference, said Meta’s vision for Diem was unclear. He criticized Facebook, saying that the company was focusing more on taking people to its products.
Dorsey said “He [Diem] Facebook tried to create a currency owned by it – maybe for the right reasons, maybe for great reasons – but there were also reasons why it was trying to get as many people as possible into the Facebook ecosystem. They did this instead of using open protocols and standards like bitcoin.”
The former Twitter CEO further said “Hopefully he [Diem ने] A lot will be learned, but I think a lot of time and effort has been wasted in it. These two or three years could have been spent making bitcoin more accessible to people around the world, which would have benefited from their [मेटा के] Messenger product and Instagram and WhatsApp.”
Jack Dorsey Bitcoin is very supportive of bitcoin through his words and is working on ways to improve the ecosystem. His payments company Block is currently working on a cheap and easy-to-use bitcoin wallet, along with making affordable hardware for bitcoin miners.<!–
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