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Jack Dorsey Donates $10 Million To Turn Bitcoin Into ‘The Native Currency Of The Internet’
The co-founder of Twitter, Jack Dorsey, is making headlines again, this time for his $10 million donation to the non-profit OpenSats. The donation is aimed at furthering the adoption of bitcoin as the native currency of the internet, and also to fund the development of a social protocol called Nostr. This move proves just how serious Dorsey is about bitcoin and the future of social networks.
What is OpenSats?
OpenSats is a non-profit organization that aims to increase the adoption of bitcoin by funding projects and initiatives that support the growth of the bitcoin ecosystem. The organization believes that bitcoin has the potential to become the native currency of the internet, and is working towards making that a reality.
Dorsey’s Donation to OpenSats
Jack Dorsey’s $10 million donation to OpenSats is a significant contribution towards the organization’s goals. The donation is split into two parts, with $5 million being allocated towards the development of the Nostr social protocol. The remaining $5 million is to be used to further the adoption of bitcoin.
