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Twitter CEO Jack Dorsey Shows Off His (Casa) Bitcoin Full Node

Twitter ceo jack dorsey shows off his (casa) bitcoin full node

Twitter CEO Jack Dorsey Shows Off His (Casa) Bitcoin Full Node

Twitter ceo jack dorsey shows off his (casa) bitcoin full node

Twitter CEO, Jack Dorsey, took another step towards financial sovereignty yesterday when he tweeted about his new toy, a Casa Bitcoin full node.


Mi Casa Es Su Casa

The Casa Node is a plug-and-play solution for running your own full Bitcoin and Lightning Network node at home. Running a Bitcoin full node allows you to validate the blockchain and verify your own transactions. Aside from this, it also increases decentralization and hence the security of the network.

Lightning Network relies on interconnected nodes to route payments, so running one increases the network capacity and usability. Owners of nodes can also earn fees for routing payments, but bear in mind these are lightning payments, so the fees are very low.

Hit The Node, Jack!

Dorsey was clearly excited to receive his new piece of kit, tweeting firstly a picture of the unboxing, and then images of the set-up. Eagle-eyed readers may also have noticed the Bitcoin FUD dice in the unboxing shot.

The Twitter and Square CEO has been a long time champion of Bitcoin, saying last May that he believes it will become the internet’s native currency. Users of Square’s Cash app have been able to instantly buy and sell bitcoin through the app since early last year. For Q4 2018 Square reported record Bitcoin revenue of $52 million.

A Busy February

Of late, Dorsey’s Bitcoin evangelism seems to be going into overdrive. February alone saw him participate in the Lightning Torch initiative, decry all alt-coins, accept LN tips on Twitter, and announce his desire for Lightning integration in the Cash app.

Not content with this, he also found time to appear on the Joe Rogan Experience podcast, again plugging Bitcoin as the currency of the internet.

At this rate, he’s fast becoming the sort of high-profile Bitcoin advocate people hoped Elon Musk would be. He’s certainly a more credible option than Alex Jones.

Will Twitter integrate Bitcoin lightning payments in the near future? Share your thoughts below!


Images courtesy of Shutterstock, Bitcoinist archives

Published at Sat, 02 Mar 2019 13:14:55 +0000

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First Bitcoin ETF to launch in Canada

Evolve Fund Group is preparing to launch Canada’s first bitcoin ETF that will be tradeable on the TSX.


Evolve Launching A bitcoin ETF

Evolve Fund Group Inc. is a financial corporation that is based in Canada. According to a recent report, the Canadian finance firm has filed a preliminary prospectus for Canada’s first bitcoin ETF. The bitcoin ETF is going to be called “BITS” and will be an easy and fast way for stock investors to indirectly invest into the decentralized cryptocurrency. The CEO and President of Evolve Funds, Raj Lala, commented the report with following words:

Accessing bitcoin is not easy for many – it is a very complicated and expensive process as investors are currently unable to trade them in a regular brokerage account.

He also added:

An ETF tied to the price of bitcoin could be a simpler way for investors to participate in its growth. bitcoin is an online currency that can be sent and received by anyone in the world, relying on computers to control the transfer and creation of money without human intervention.  It’s the first decentralized peer-to-peer payment network that is powered by its users with no central authority or middlemen. As more and more of the world goes digital, usage of cryptocurrencies could increase significantly in the coming years.

The First North American bitcoin ETF?

The idea of a bitcoin ETF isn’t exactly new. In the past few years, the U.S. Securities and Exchange Commission (or SEC) has rejected several proposals of bitcoin ETFs. The most famous case is the one of the Gemini exchange founders, Cameron and Tyler Winklevoss. The most recent news suggests that the SEC is going to review again the bitcoin ETF proposal of the Winklevoss twins. In case the Canadian bitcoin ETF gets approved, it could open up bitcoin for a lot of interested individuals that want to invest in the digital currency.

 

What are your thoughts on the Canadian bitcoin ETF? Do you think that it will be approved in the future? Let us know in the comments below!


Images courtesy of Pixabay

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