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Cardi B Faces Jack Dorsey
Description
In an interesting turn. Cardi B, the noted rapper and musician, took to Twitter ($TWTR@US) to ask if cryptocurrencies will replace the dollar. To her credit, this is a fair question considering how much the crypto market has grown this year, along with global acceptance of cryptocurrencies and enhanced regulation among central banks. Within just a few minutes of her tweet, Cardi B got a response from, of all people, Jack Dorsey, noted Bitcoin bull and former CEO of Twitter, who simply said, “Yes. Bitcoin will.” Why does this conversation matter? Interest in cryptocurrency is growing among celebrities and influencers, and Twitter has become something of a battleground for visibility among investors. Plus, Dorsey changed the name of Square ($SQ@US) to Block, noting a focus on the blockchain while he also started a trust with Jay-Z that aims to “make Bitcoin the Internet’s currency.” At press time, Bitcoin was up nearly 7%, trading at nearly $48 thousand 9 hundred.
Keywords & Tags
#crypto
#cryptocurrency
#nft
#non-fungible token
#finance
#inflation
#business
#crypto news
#blockchain
#tech
#Twitter
#altcoins
#economic recovery
#digital asset
#crypto broker
#crypto mining
#Jack Dorsey
#CEO of Twitter
#Square
#Rapper
#regulation
#economic growth
#virtual currency
#Central banks
#celebrities
#economic outlook
#Bitcoin bull
#Cardi B
#musician
#replace the dollar
#global acceptance
#influencers
#Block
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