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Jack Dorsey has a savage response to shocking Bitcoin wallet plan
Jack Dorsey has a savage response to shocking Bitcoin wallet plan originally appeared on TheStreet.
Twitter co-founder Jack Dorsey is among the most prominent Bitcoin advocates in the fintech industry. While he was at the helm of the social media giant, he founded Block, Inc. (NYSE:XYZ) in 2009.
Block, earlier known as Square, is a technology and financial services company that has integrated Bitcoin into several of its products.
In December 2023, Block launched a self-custody Bitcoin wallet called Bitkey.
A self-custody crypto wallet gives users complete control over their digital assets. No centralized crypto exchange or third-party company stores your assets on their servers. Instead, you are responsible for the safety of your digital assets on a self-custody wallet.
Join the discussion with CryptoWendyO on Roundtable here.
Available in more than 95 countries, you could purchase Bitkey with credit cards or Block's Cash App wallet. On 28 June, the wallet provider unveiled a new payment option: Bitcoin.
It was rather odd that one couldn't pay with Bitcoin to purchase a crypto self-custody wallet, but now it's very much possible.
Dorsey was quick to share the notification regarding the revamp with his X followers, "buy bitkey with bitcoin."
Dorsey is an enthusiastic supporter of Bitcoin payments In fact, he remarked back in 2021 that if he weren't working at Twitter and Square, he would be working on Bitcoin.
Like most Bitcoin maximalists, the billionaire entrepreneur is bullish on the king coin. In May 2024, he predicted its price will hit $1 million and its market value will exceed $20 trillion by 2030.
However, Dorsey has cautioned the Bitcoin community that the asset needs to transform itself from just a store of value to a tool of real use cases, or else it could become irrelevant.
As per Kraken's price feed, Bitcoin was trading at $107,490.20 at press time.
Jack Dorsey has a savage response to shocking Bitcoin wallet plan first appeared on TheStreet on Jun 29, 2025
This story was originally reported by TheStreet on Jun 29, 2025, where it first appeared.
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