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Jack Dorsey praises Musk for buying Twitter: “Elon is the singular solution I trust”

Alex Coin
April 28, 2022
Reading Time: 3 mins read
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The Twitter founder said of this purchase by Elon Musk: “Getting it back from Wall Street is the right first step.”

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***

The founder of Twitter, Jack Dorsey, who stepped down as CEO in November last year. seems to be very happy with the news of the purchase of the social network a network refers to all nodes in the operation of a blockchain at any given moment in time. of the little bird by the CEO of Tesla y SpaceX , Elon Musk.

And it’s not just about money, it goes much further.

Dorsey took advantage of the social network of his creation to talk about the subject.

But let’s take it one step at a time: yesterday it was world news that Elon Musk purchased Twitter. After meetings and discussions by the board of directors of the social network, it published a statement where reported having unanimously accepted the offer presented by Musk, who offered to pay about $54.20 for each share of the company’s common stock, $44 billion in total.

What Musk says

Musk, who always takes to Twitter to talk about his business and interests, commented on the completion of his purchase. He said:

I hope even my worst critics stay on Twitter, because that’s what free speech is all about.

I hope that even my worst critics remain on Twitter, because that is what free speech means

– Elon Musk (@elonmusk) April 25, 2022

Thus emphasizing, once again, his main purpose of the acquisition: to make the social network of the little bird a much freer one. He had already been very critical on this issue before.

Lo que dice Dorsey

En Twitter, Dorsey expressed positive words about Musk’s purchase, also alluding to the issue that motivates the entrepreneur from Tesla freedom of expression:

Elon’s goal of creating a platform a place to buy, sell and store cryptocurrency that is “maximally reliable and broadly inclusive” is the right one. This is also the goal of @paraga (referring to its current CEO, Parag Agrawal) and why I chose him. Thank you both for getting the company out of an impossible situation. This is the right path… I believe it with all my heart.

https://t.co/jeNtFyRrpR

— jack⚡️ (@jack) April 26, 2022

Also, in the same thread, he expressed:

I love Twitter. Twitter is the closest thing we have to a global consciousness.

He added:

“The idea and the service is all that matters to me, and I will do whatever it takes to protect both. Twitter as a company has always been my only problem and my biggest regret. It’s been owned by Wall Street and the advertising model. Taking it back from Wall Street is the right first step.”

He went on, alluding to the importance of there not being some sort of “master” of Twitter:

“In principle, I don’t think anyone should own or manage Twitter. It wants to be a public good at a protocol the set of rules that define interactions on a network, usually involving consensus, transaction validation, and network participation on a blockchain. level, not a company. However, to solve the problem of it being a company, Elon is the singular solution I trust. I trust a trust is a fiduciary relationship in which one party, known as a trustor, gives another party, the trustee, the right to hold title to property or assets for the benefit of a third party, the beneficiary. in his mission to spread a price difference between asking and selling prices of the asset. the light of consciousness. “.

He finished:

“I’m so happy that Twitter continues to serve the public conversation – around the world, and to the stars!”.

It is worth noting that since Elon Musk is an enthusiast of the meme cryptocurrency cryptocurrencies are digital currencies that use cryptographic technologies to secure their operation. Dogecoin, the same has had a significant increase since yesterday, when it became known that the purchase of Dogecoin was completed. Twitter. Today, as of 8:40 am New York time, the price has risen 13.18%, according to data from CryptoMarkets.

Sources: Twitter, Coindesk , CryptoMarkets, archivo

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Alex Coin

Cryptoinvestor. I follow the world of cryptocurrencies. Looking for the most relevant and significant news for you :)

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