Jack Dorsey: Ethereum is a Security

Jack Dorsey, the former CEO of Twitter, said that Ethereum (ETH) is a security.

While the crypto industry is going through turbulent processes, statements from popular actors of the industry continue to come. The most complex issue was the debate over whether Ethereum is a security.

Jack Dorsey also participated in these discussions, which had been going on for a long time. Dorsey was asked, “Is Ethereum a security?” He replied “Yes” to the question. In addition, Dorsey also found different openings.

Jack Dorsey Makes Statements Regarding the Agenda

While the crypto market maintains its heat, statements from Jack Dorsey continue to come. Dorsey drew attention especially with his statement on Ethereum.

Active on Twitter, Jack Dorsey answers questions from users. Especially the statement on Ethereum fueled the discussions. When asked whether Ethereum is a security, Dorsey replied that it is a security.

After Dorsey’s sharing, a reproachful question came from a user. The user told Dorsey that he left Ethereum out. Dorsey, however, argued that he did not do such a thing.

Also, Jack Dorsey said that there are three technologies that are resistant to censorship and repression. According to Dorsey, these technologies are; Bitcoin became the web browser Tor and the decentralized social networking platform Nostr. Dorsey, who made striking statements about crypto all day, also received a response from Elon Musk. Musk gave a Doge message under a tweet by Dorsey.

Musk wrote Dogecoin For The Win in a post by Dorsey. However, Musk deleted this tweet shortly after, leaving a question mark in mind. Previously, Musk was sued for Dogecoin manipulation.

Finally, the Cash App at Jack Dorsey’s company, the Block, generated $2.16 billion in transaction revenue from the BTC trading it offered.