Twitter founder Jack Dorsey has donated $21 million to the non-profit organization OpenSats through his charity initiative #startsmall, to support the further development of Bitcoin and open-source projects. At the same time, Dorsey confirmed that he has stepped down from the board of directors of the decentralized social project BlueSky.
(Background: Block Completes Development of 3nm “Bitcoin Mining Chip,” Jack Dorsey: Building a More Decentralized BTC Mining Ecosystem)
Jack Dorsey and his company, Block (formerly Square), have been actively developing the Bitcoin ecosystem. Last month, Block announced that it had completed the development of a 3nm Bitcoin mining chip, bringing it closer to its goal of decentralized Bitcoin mining hardware supply and distribution of computing power. On the 25th of last month, Block introduced a feature for its merchants to convert sales into Bitcoin.
Jack Dorsey donated $21 million to the Bitcoin non-profit organization OpenSats. Following this, on the 4th, Dorsey’s charity initiative #startsmall donated $21 million to the Bitcoin non-profit organization OpenSats. The organization is dedicated to providing funding to Bitcoin and open-source project developers to enhance public access to Bitcoin infrastructure.
As for how this funding will be used, OpenSats stated:
Prior to the announcement of this news, data privacy advocate Edward Snowden called for Bitcoin protocols to increase privacy features. Dorsey retweeted Snowden’s tweet and announced the donation. In response, some netizens quoted Dorsey’s previous views on Bitcoin, saying, “Bitcoin really does change everything. Nothing is more important than this in my lifetime.”
Dorsey leaves the Bluesky board of directors
It is worth mentioning that when Dorsey promoted his new charitable donation, netizens asked if he was still on the board of the decentralized social project Bluesky, to which he answered “no.”
Bluesky is a community networking protocol aimed at pursuing Dorsey’s Platonic ideal, hoping to establish a standard for social networking sites, freeing them from restrictions and central control. Bluesky was opened to all interested users in February, no longer limited to invitation codes.
In addition, on the 4th, Dorsey tweeted on X:
Dorsey’s final sentence, “You’re using one,” implies that X platform is also a form of free technology. This indicates a significant improvement in the relationship between Musk and Dorsey. A year ago, Dorsey expressed on Bluesky that everything went bad after Musk took over Twitter and completely transformed it.
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