Even though Twitter has issued 140 NFTs on the Ethereum blockchain, Twitter’s CEO continues to reject ETH as an investment.
Despite NFTs launch on the Ethereum network, Jack Dorsey has confirmed that he is still a bitcoin maxi and not interested in investing in ETH.
Twitter posted its first NFT collection yesterday via the Ethereum network. 140 NFTs on Twitter are a moving image of the company logo and will be given away free of charge.
Following the NFT news, Twitter user Packanimal suggested that it was “just a matter of time” before Dorsey invests in Ethereum”, to which the CEO simply replied “No”.
— jack (@jack) June 30, 2021
At a Bitcoin conference in Miami last month, he reiterated his firm commitment to making Bitcoin the currency of the Internet. According to him, no other crypto matters.
“All of the other coins, for me, don’t factor in at all.”
In the conference he also said:
“Bitcoin changes absolutely everything.I don’t think there is anything more enabling for people around the world.”
Dorsey, who is also the co-founder and CEO of crypto-friendly digital payments company Square, previously expressed his loyalty to Bitcoin only, announcing in a 2019 tweet, He said:
“I only have Bitcoin.”
I only have bitcoin https://t.co/C24xNJxuFB
— jack (@jack) February 5, 2019
An early promoter of Bitcoin, Dorsey has repeatedly argued that Bitcoin will become the internet currency since at least 2018. He previously refused to switch to altcoins such as Eth, claiming that he only invested in bitcoin.