Square, headed by Twitter chief Jack Dorsey, is recruiting new employees in the cryptocommerce industry.
Jack Dorsey reported it on Twitter, saying that Square wanted to hire three to four crypto engineers and one designer to work full-time to support the cryptocosystem ecosystem. "Work from anywhere, report directly to me, and we can also pay you in Bitcoin !," says Dorsey.
Dorsey also recalled that the decision to pay for work in Bitcoins is based on the intention to support the cryptocosystem ecosystem and the entire community around this cryptocenter.
Boss Square and Twitter also stressed that this is the first open source initiative that is independent of Square's business goals, because "potentially hired engineers will focus on what is best for cryptocommunity and individual economic empowerment, not what's in the interest of Square. ”
The truth is, if Bitcoin is successful, Square, or its CashApp payment application, will also do well. Last year, Bitcoin reported an annual turnover of $ 166 million, with $ 52 million in the fourth quarter of 2018. However, the net profit square was significantly lower as the cost of purchasing Bitcoin accounted for most of the revenue.
Recently, Dorsey is one of the most prominent promoters of Bitcoin. He has said on several occasions that he considers it the future main menu of the Internet. In addition, he supported a campaign to promote the Lightning Network (LN) technology to address BTC's scalability issues. He also said that LN will eventually be implemented in the aforementioned CashApp application, through which BTC is reported to buy $ 10,000 each week.
As a follow-up to the recent criticism of Minds.com CEO Bill Ottman, Twitter's boss said that while Jack Dorsey (Twitter) and Mark Zuckerberg (Facebook) seem to be impressed with blockchain technology, they are not taking any steps on their platforms that would indicate that they want to decentralize them and make them open-source products.
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