Jack Dorsey Exits Bluesky Board, Applauds Elon Musk’s Cryptocurrency X: Impact on Coin Market (X)

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Twitter co-founder, Jack Dorsey, steps down from the board of Bluesky, a social media platform, and shows support for Elon Musk’s X.
Dorsey’s departure from Bluesky has sparked discussions in the tech sector about the potential reasons behind the move.
Dorsey praises X as a “freedom technology” and announces philanthropic grants to support open internet protocols.

Jack Dorsey, Twitter co-founder, departs from Bluesky board and shows support for Elon Musk’s X, sparking discussions in the tech sector.

Jack Dorsey’s Departure from Bluesky

Jack Dorsey, the co-founder of Twitter, now known as X, has announced his departure from the board of Bluesky, another social media platform. This move has raised queries among tech market enthusiasts over the potential reason behind the move. Dorsey’s decision to exit Bluesky comes amid a period of transformation for Twitter, now rebranded as X, after its acquisition by Elon Musk.

Dorsey’s Support for Elon Musk’s X

Dorsey took to X, praising the platform as a hub for “freedom technology” and announcing philanthropic grants to support open internet protocols. His narrowed list of followers on X, including Elon Musk, Edward Snowden, and Stella Assange, suggests a warming of relations between Dorsey and X’s owner. Dorsey has also gained notable traction lately, after he demonstrated strong backing for Bitcoin and decentralized social media, donating $21 million to OpenSats. This highlights his belief in Bitcoin as the internet’s native currency, sparking crypto ... Read the full article for FREE at COINOTAG!