Jack Dorsey has a savage reaction to the shocking Bitcoin wallet plan that originally appeared on The Street.
Twitter co-founder Jack Dorsey is one of the most well-known Bitcoin advocates in the fintech industry. When he was in charge of the social media giant, he founded Block, Inc in 2009. (NYSE:XYZ).
Earlier known as Square, Block is a technology and financial services company that has integrated Bitcoin into several of its products.
In December 2023, Block launched a self-customer Bitcoin wallet called Bitkey.
A self-customer crypto wallet gives users complete control over their digital assets. There is no centralized crypto exchange or third-party company that stores your assets on their servers. Instead, you are responsible for the security of digital assets on your own clients’ wallets.
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You can buy in over 95 countries, and you can buy BitKey using your credit card or Block’s cash app wallet. On June 28, wallet providers launched a new payment method: Bitcoin.
Strangely, one cannot pay for a crypto corpto self-customer wallet with bitcoin, but now it is very likely.
Dorsey soon shared notifications about the modification with his X follower “Buy Bitkey with Bitcoin.”
Dorsey is an enthusiastic supporter of Bitcoin payments. In fact, he said in 2021 that if he doesn’t work on Twitter and Square, he will work on Bitcoin.
Like most Bitcoin biggest players, billionaire entrepreneurs are bullish on Kings coins. He predicts that its price will reach $1 million and its market value will exceed $20 trillion by 2030.
However, Dorsey warned the Bitcoin community that assets need tools to transform themselves from store of value to real-life use cases, or it may become irrelevant.
According to Kraken’s price feed, Bitcoin was trading at $107,490.20 at press time.
Jack Dorsey has a savage response to shocking Bitcoin wallet program, first appeared on TheStreet on June 29, 2025
This story was first appeared on June 29, 2025 by TheStreet.
