Summary:
Jack Dorsey, a long-time Bitcoin advocate, has engaged in a Twitter war with crypto industry pundits after responding “yes” to a question asking if Ether (ETH) was a security. This comes after the SEC filed lawsuits against cryptocurrency exchanges Binance and Coinbase for allegedly offering tokens considered to be unregistered securities. Dorsey has been promoting a focus on Bitcoin development and retweeted a video of Jack Mallers, CEO of Bitcoin Lightning application Strike, calling out Coinbase CEO Brian Armstrong for prioritizing altcoins over building on Bitcoin and the Lightning Network.
Key points:
– Jack Dorsey engaged in a Twitter war with crypto industry pundits after responding “yes” to a question asking if Ether (ETH) was a security.
– The SEC filed lawsuits against cryptocurrency exchanges Binance and Coinbase for allegedly offering tokens considered to be unregistered securities.
– Dorsey has been promoting a focus on Bitcoin development and retweeted a video of Jack Mallers, CEO of Bitcoin Lightning application Strike, calling out Coinbase CEO Brian Armstrong for prioritizing altcoins over building on Bitcoin and the Lightning Network.
