Finally, the Founder of Twitter Public Bitcoin Wallet Is Underway! - Kakiforex.com - Financial Market Media No. 1 in the World Finally, the Founder of Twitter Public Bitcoin Wallet Is Underway! Finally, the Founder of Twitter Public Bitcoin Wallet Is Underway!
InstaForex

July 9, 2021

Finally, the Founder of Twitter Public Bitcoin Wallet Is Underway!

 Twitter founder Jack Dorsey today confirmed his firm, Square is in plans to develop a Bitcoin wallet device.


The announcement was made by head of product development, Jesse Dorogusker in a Twitter tweet early this morning local time before Dorsey tweeted again: "We're implementing #Bitcoin".


We’re doing it #Bitcoin https://t.co/IwbKuBoXGv


- jack (@jack) July 8, 2021



In fact, since last month, Dorsey has been giving hints regarding the development of Bitcoin wallets as a whole, starting with the software to the design of the device.


Before this, Dorsey and Square have already shown commitment to Bitcoin. For example, Square has made a purchase of 8,000 BTC ($ 262 million) for its balance sheet.


And Dorsey himself once attended the Bitcoin 2021 conference in Miami.


Since the Bitcoin wallet that will be launched is a device, it is also synonymous as a cold wallet because it will not be connected to the internet.


Unlike hot wallets, cold wallets are much safer from privacy or virus attacks.