Jack Dorsey: Square hires crypto engineers
Crypto

Jack Dorsey: Square hires crypto engineers

By Marco Cavicchioli - 21 Mar 2019

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Twitter founder Jack Dorsey announced that Square is hiring 3 or 4 engineers and 1 crypto designer.

These experts will work full time on open source tools for the Bitcoin/Crypto ecosystem. They will be able to work remotely and will report directly to Dorsey. They can also be paid in bitcoin. For the time being, however, there are no further details.

Square is the company that Dorsey co-founded, and that deals with online payments. The same tweet in which the recruitment was announced also promoted the Square Crypto Twitter profile, which was created this month but has already almost 10,000 followers.

The Dorsey tweet reveals a couple of very interesting details.

The first is that the activity that this small development team will carry out will be open source, following the crypto philosophy.

Neither Twitter nor Square are open source platforms, and in the crypto sector, everything that is not open source is not very well-received by the community.

This choice reveals Dorsey’s sensitivity to the industry and confirms once again that the founder of Twitter is a very well informed person with regard to these technologies – to the extent that he can actually be described as a bitcoiner.

In another tweet Dorsey added:

“This will be Square’s first open source initiative independent of our business objectives. These folks will focus entirely on what’s best for the crypto community and individual economic empowerment, not on Square’s commercial interests. All resulting work will be open and free”.

The second interesting detail is that the members of this team, who will be able to operate from anywhere in the world, will be able to request to be paid in BTC.

In reality, this is not a particularly unusual detail for the crypto sector, but it certainly is for the mainstream to which both Twitter and Square belong.

In light of what Dorsey has said over the last few months, it is perhaps fair to imagine that Twitter could be the first major global mainstream platform to adopt bitcoin as its base currency. For the moment, there is no concrete evidence that this will happen, but there are a number of indications that inevitably lead us to think that sooner or later it might be the case.

Marco Cavicchioli
Marco Cavicchioli

Class 1975, Marco teaches web-technologies and is an online writer specializing in cryptocurrencies. He founded ilBitcoin.news, and his YouTube channel has more than 11 thousand subscribers.

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