Twitter CEO Dorsey: Cash App will support Bitcoin Lightning Network

the Jack Dorsey expects that Squares Cash App is to support the Bitcoin Lightning Network. The question was not whether, but when, he said in the Podcast by Stephan Livera, in which Elizabeth Stark, the CEO of Lightning Labs was a guest.

By Christopher clover
13. February 2019BTC$3.610,15 -0.54%part Facebook Twitter LinkedIn xing mail

Jack Dorsey, in his capacity of inventor and CEO of Twitter, has underlined its Bitcoin-friendly Position again.

In the Podcast by Stephan Livera, he pries the Bitcoin Lightning Network. Its Integration into the Cash App his company Square, is only a question of time:

We would [Bitcoin payments] like as quickly and efficiently as possible and to transactions are oriented. This is also the view of our vendor base and our registry. The question is not "If" but "when".

The Cash App by Square is in the U.S., growing in popularity. It allows you to Perform payments and serves as a Bitcoin Wallet. In December, the App was ranked number one in the Google Play Store in the Finance category.

Jack Dorsey has only stirred last week, the advertising drum for the Lightning Network, as he took on #intrust chain part.

the early days of the Internet

However, Dorsey was not the only guest in the Livera Podcast. One of the party, Elizabeth Stark, CEO of Lightning Labs. Also, Dorsey was impressed by the Lightning Network chain letter #intrust chain.

However, she also points out that the technology was in spite of their constant further development still in the early phase:

It feels like the early days of the Internet.

And not least because of the passionate Community. In the development of a Lightning Network to include, was of particular importance, writes further:

We want to make Lightning-transactions easier. It should be fun. We want it to is to the Meme.

Strong is confident about the further developments of the Bitcoin Lightning Network:

If the next two years will be like the past, then we have a bright future in front of us.

Also, the Twitter and Square-head sets with a main focus on the Community. The company should therefore play a supporting role in the crypto-adaptation, without stifling the creative potential of the Community:

We don't want the weight of a company, or just the limits of business have an effect on the community. We want the Community first and foremost focused on creating something that is for the whole of humanity fundamental.

So Jack Dorsey's final remark in the Podcast.

Read also: Bitcoin's SV Bitcoin Cash: The final Flippening obsolete?

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