In the heat of SEC’s enforcement actions against Binance and Coinbase, a simple “Yes” by Jack Dorsey on Twitter elicited a flurry of comments.
In the latest episode, the former Twitter CEO tweeted a screenshot of a 2015 post by Coinbase CEO Brian Armstrong, where he termed altcoins “distractions” and argued that they should be focused on Bitcoin. In fact, Dorsey’s take that Coinbase should focus on Bitcoin is not entirely his own. In the aftermath of the SEC lawsuit against Coinbase, various experts have put forth their suggestions. One fromon Bitcoin.Twitter founder Dorsey stepped down as its CEO in November 2021 to focus on his digital payments company — Block Inc., such as being called “Clowns” by Udi Wertheimer of Taproot Wizards.