Jack Dorsey: Diem was a waste of time, Meta should’ve focused on BTC
Dorsey said that although Facebook probably started Diem for “the right reasons,” it should’ve used an open-ended protocol like Bitcoin rather than attempting to create its own currency.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Dorsey said that although Facebook probably started Diem for “the right reasons,” it should’ve used an open-ended protocol like Bitcoin rather than attempting to create its own currency.
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This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
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