🔥 Premium AI-powered Stock Picks from InvestingPro Now up to 50% OffCLAIM SALE

'U Thirsty?' Jack Dorsey Responds To Robinhood CEO's Proposal For Dogecoin

Published 18/04/2022, 04:52
© Reuters.  'U Thirsty?' Jack Dorsey Responds To Robinhood CEO's Proposal For Dogecoin
IXIC
-
TWTR34
-
DOGE/USD
-
DOGE/USD
-
DOGE/EUR
-

Square Inc (NASDAQ: NYSE:SQ) CEO Jack Dorsey responded to a Twitter thread by Robinhood Markets Inc (NASDAQ: NASDAQ:HOOD) CEO Vlad Tenev on how Dogecoin (CRYPTO: DOGE) could become the future currency of the internet.

What Happened: In a series of tweets, Tenev outlined what he believed would be the best path forward for DOGE to achieve mass adoption across the internet.

He proposed moving to a 1GB block size limit and shortening the block time to increase the speed of transactions on the Dogecoin blockchain.

See Also: Best Crypto Debit Cards

Tenev’s suggestions were met with positive reinforcement from Tesla Inc (NASDAQ: TSLA) CEO Elon Musk and Dogecoin co-founder Billy Markus, but others, like former Twitter Inc (NYSE: NYSE:TWTR) CEO Jack Dorsey, were seemingly less impressed.

Dorsey commented on the Twitter thread saying “u thirsty?” to which Tenev replied, “u mad?”

The back-and-forth exchange between the two ended with Tenev suggesting that Dorsey would pay less for his Bitcoin (CRYPTO: BTC) if he used Robinhood.

Price Action: According to data from Benzinga Pro, DOGE was trading at $0.14, down 2.08% in the last 24 hours.

Photo courtesy: TechCrunch on Wikimedia

© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Read the original article on Benzinga

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.