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In July, Square announced that it would create a Bitcoin-centric decentralized crypto business unit, though additional specifics were sparse. Since the exact nature and shape of those specifics still needed "to be determined," they cheekily named the division TBD. Read Also: TBD Secret Revealed: Square To Build A Decentralized Bitcoin Exchange Jack has been vocal about his understanding that the future of social media doesn’t depend on harvesting consumer data in exchange for profits. Jack believes the future is decentralized. In fact, he’s publicly stated that if a native currency for the Internet was born when the Internet was born in the 90’s, traditional ads platforms may have never existed. While we all use social media to connect with one another, most people will agree that ads aren’t cool. That said, owning a social media company is expensive and running ads to a captive audience is an easy way to monetize to your platform.

Member since: Thursday, March 14, 2024

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