Bitcoin Not Designed For What Twitter's Jack Dorsey Wants To Build, Ethereum's Vitalik Buterin Asserts.
20 Aug 2021, 08:00
Bitcoin Not Designed For What Twitter’s Jack Dorsey Wants To Build, Ethereum’s Vitalik Buterin Asserts
Ethereum Co-founder Vitalik Buterin says that Facebook and Square face huge challenges in their latest crypto and blockchain quests. Speaking to Bloomberg’s Television, Vitalik said the Bitcoin blockchain does not have functionality that would help Square to build a “non-custodial, permissionless, and decentralized financial service” on top of Bitcoin.
According to him, Facebook may also not gain much traction with its Diem crypto plans and “metaverse” plans.