Bitcoin mass adoption upheld by Jack Dorsey’s Square Crypto

105621765 1544564750403gettyimages 826429944

Jack Dorsey’s Square Crypto to uphold mass Bitcoin adoption

In his maiden appearance on a popular Twitter session, Steve Lee, Square’s cryptocurrency team head, went the extra mile to cultivate mass Bitcoin adoption. In his first-ever ask-me-anything experience, Lee reacted to a series of questions in relation to the firm, its focus, and role in popularizing Bitcoin.

It was Jack Dorsey, Twitter founder and Chairman and CEO of Square Inc, who brought Lee into action to head the firm’s independent cryptocurrency entity, Square Crypto. The motive behind liberating the firm was to focus solely on substantiating Bitcoin ecosystem.

Square Inc spreads its wings

The Bitcoin-empowered Square Cash App has been one of Square Inc’s most successful ventures. Recently, it announced a massive-scale expansion of its offices to design and introduce new products. The mega endeavor at St.Louis will house more than 900 new developers and creative design employees.

Lee states the company is overwhelmed by the number of responses the news has generated. With a meticulous screening of over one thousand five hundred resumes, Square Cash App has already begun adding developers to its pools. 

The Bitcoin propaganda

When questioned about the Bitcoin development, the former Google director responded that Bitcoin propaganda is a means to repay the community. Moreover, he validated the firm’s intent in pursuing any cryptocurrency-related project that augments Bitcoin growth

Elucidating the company’s future plans on developing the crypto space, Lee reasserted that the company’s ultimate goal is to drive Bitcoin validation across the globe. By enhancing the overall Bitcoin experience for its commercial users, Lee believes that it will lay the groundwork for its mainstream adoption. 

With a focus on large-scale open-source Bitcoin development, Lee confirms that right talent acquisition will play a crucial role in the coming months as it will vastly impact the successful employment of its new products and services.

Manasee Joshi

Manasee Joshi

An avid reader and an enthusiastic writer, Manasee recently chose to dedicate her time doing freelance writing. A degree in English literature and experiences in Administration, HR, finance, literature, creativity and innovation tucked under her belt, she crafts engaging and compelling content for crypto and blockchain audience.

Related News

Hot Stories

Ted Cruz wants Capitol Hill to start accepting Bitcoin
New York Senate gets bill to make Bitcoin (BTC) a form of payment
NFT collection Azuki’s Twitter Account Hacked
SEC is investigating investment advisers over crypto custody
Tykhe Block Ventures raises $30m to invest in blockchain and web3 startups in MENA

Follow Us

Industry News

Silvergate pauses preferred stock dividend amid crypto volatility
2023 Bull run begins - Why is the crypto market up today?
Phantom wallet steps up protection after 18k attacks
Nike's attempt to '.SWOOSH' Web3 creators
Breaking: SBF's parents will be called to testify under oath

Add Your Heading Text Here