Jack Dorsey, CEO of payment platform Square, announced his intention to hire a team of blockchain developers and pay for their work with bitcoins..
Founder of Twitter wrote on social network, that his company Square is looking for 3-4 technical specialists and one designer who will work on improving the open source code of cryptocurrencies.
He offers them full-time telecommuting, direct accountability, and Bitcoin payments..
This should encourage developers to develop a decentralized ecosystem in the first place and take care of their own economic benefit, not the commercial interests of the company. According to Jack Dorsey, it is the improvement of the technical component of cryptocurrencies that is most important for their global success and the improvement of the crypto community..
He went on to add that Square has benefited a lot from using open source projects, so this step is a way to pay back and make virtual currency more accessible..
For a long time Jack Dorsey is a Bitcoin fan and has repeatedly stated his hopes that in the future, BTC will become the single currency for the entire Internet and even the world as a whole. Recently he also announced that Lightning Network support will be added to the Cash Square app.
text: Ivan Malichenko, photo: static.pb, circa.brightspotcdn