Twitter CEO, Jack Dorsey Now Buys $10K Of BTC A Week

Twitter CEO, Jack Dorsey Now Buys $10K Of BTC A Week

Jack Dorsey, Twitter CEO stated on a recent podcast that he is maxing out the limits on the Square Cash App and purchasing $10,000 dollars of Bitcoin a week.

If the Twitter CEO wants to buy more Bitcoin, we suggest he turn to Coinbase. Buy and sell limits are much higher.

On Coinbase regular users can purchase $25,000 a week. Verified users can purchase $25,000 a day. But once the funds are in your Coinbase wallet, there are no buy or sell limits.

What Jack Dorsey, Twitter CEO is likely doing is simply a dollar cost average strategy. Dollar cost averaging (DCA) is an investment strategy where a large purchase of a financial asset like an equity or cryptocurrency is spread out over time with the goal of reducing the impact of volatility.

From newsbtc.com:

“In a surprising turn in the conversation, he explained that he purchased $10,000 worth of Bitcoin, which currently amounts to 2.7 BTC, over recent weeks, and could do the same again in the following. Doing some napkin math, this works out to around $520,000 in cryptocurrency purchases a year (considering he doesn’t go over that amount or purchase any other digital assets) — or about 0.0928% of his $5.6 billion net worth. Although this isn’t a relatively large amount percentage-wise, it shows that Dorsey is looking to accumulate for the long haul, as he dollar-cost averages in.”

Twitter CEO, Jack Dorsey Discusses Bitcoin On The Joe Rogan Podcast:

Are you ready for the next crypto bull run? Many investors are using strategies like dollar cost averaging to build a diversified portfolio in preparation for the next major price movement. Stay tuned to the Bitcoinshirtz blog for the latest news from the Bitcoin and blockchain industry. 👍

Follow Bitcoinshirtz.com Founder On DTube & YouTube!

Follow Bitcoinshirtz.com Founder On DTube & YouTube!

Hi there! Thanks for visiting my website! My name is Will and I enjoy designing Bitcoin and crypto t-shirts. Another passion of mine is making videos! Recently I have been putting more effort into uploading videos to DTube and YouTube.

DTube is an app on the STEEM blockchain for uploading and sharing videos. It’s pretty awesome and you can start earning a profit on your uploads immediately. YouTube, in comparison, requires content creators to have 4,000 watch hours in the previous 12 months AND 1,000 subscribers to be REVIEWED to join the YouTube Partner Program. And if approved, then you can start getting paid.

Personally, I think DTube is a game changer and the site has seen some sweet improvements as of late. More on DTube:

D.Tube is the first crypto-decentralized video platform, built on top of the STEEM Blockchain and the IPFS peer-to-peer network.

The Type Of Videos I Love To Make

I enjoy making a variety of videos, but primarily I focus on travel experiences, videos about my cars, fitness, snowboarding, and drone flights.

These are some of the top videos on my channel:

Check Out Cryptos Weekly For Market And Industry News In The Blockchain Space.

Check Out Cryptos Weekly For Market And Industry News In The Blockchain Space.

This new crypto show should be on your radar. Cryptos Weekly is a new cryptocurrency and blockchain news show hosted by Andrew Berkowitz. cryptosweekly.co launched earlier this year and is gaining traction on both YouTube and Steemit.

“Filtering through the noise to bring you the most important stories, headlines, and market moves in the cryptocurrency and blockchain ecosystem” – cryptosweekly.co

You can subscribe on YouTube where they release a new video every Friday. (Or on iTunes if you prefer) Cryptos Weekly has their very own ICO Correspondent, Will Lowery, who reviews the upcoming Initial Coin offerings.

Berkowitz is also the founder and host of The Global Startup Movement, a podcast uncovering the stories of entrepreneurs, VC’s, and startup scenes worldwide.

Andrew produces great content and we are super excited for the future of @cryptosweekly!

Cryptos Weekly – Wishknish ICO, Coinbase Commerce, and Ripple in bed with Western Union

Cryptos Weekly – Arsenal endorses ICO, Robinhood Exchange, and Introducing Blockchain Charlie

 

What Others Are Saying About Andrew

“Andrew’s ability to connect with people, cultivate incredible conversation, and always create value, has resulted in the creation of the Global Startup Movement. I am grateful to have the opportunity to work side by side with Andrew.”
-Mike Meyers, CEO & Cofounder of Tradeversity

“Andrew has incredible energy. While most people just talk about their ideas, Andrew puts consistent action behind his and executes. I’m FIRED UP to witness what AB produces throughout his entrepreneurial journey!”
– John Lee Dumas, Founder/Host of EOFire

“Andrew is the definition of a purebred entrepreneur. He’s beyond knowledgeable and consistently produces value. He understands people and most importantly, knows how to build long-lasting relationships with whomever he works.
– Josh Davidson, CEO/Founder Chop Dawg

 

Cryptos Weekly – Launch of Venezuela’s Petro Token, Korea’s Crypto Market, and 22x ICO

New DTube Swag! Available Now!

New DTube Swag! Available Now!

DTube is quickly becoming one of the top STEEM apps and we are super excited. It is already providing tremendous value to the STEEM community.

D.Tube is the first crypto-decentralized video platform, built on top of the STEEM Blockchain and the IPFS peer-to-peer network.

D.Tube is a great alternative to YouTube for content creators and we wanted to add some gear for DTube enthusiasts and supporters.

DTube and Steemit are both decentralized apps on The STEEM blockchain. Dtube is an application fully written in javascript, that runs in the browser, that allows you to upload and watch videos on top of the IPFS Network. The app uses STEEM (which has a3 second block time) as a database and enables monetization directly from both uploads and engagement on the platform.

The Gear:

More On The D.Tube Project

 

Crypto incentive

D.Tube aims to become an alternative to YouTube that allows you to watch or upload videos on IPFS and share or comment about it on the immutable STEEM Blockchain, while earning cryptocurrency doing it.

Resistant to censorship

Because of the decentralized nature of IPFS and the STEEM blockchain, D.Tube is not able to censor videos, nor enforce guidelines. Only the users can censor it, through the power of their upvotes and downvotes.

A fair platform

On DTube, there are no hidden algorithms controlling the visibility or monetization of certain videos over others. All of DTube’s data is public, and can be analyzed by anyone with an internet connection.

Ads free

To deliver the best user experience D.Tube runs without advertising. Users remain free to advertise any product or service they would like, directly inside their own videos, at their own risk of losing their subscribers.

About IPFS:

IPFS is a protocol that enables decentralized file storage. The principle behind it is called Distributed Hash Tables (DHT). The same principle also powers the BitTorrent network. Just like how cryptocurrency uses asymmetrical cryptography, DHT networks will hash contents in order to be able to identify a file. The hash becomes the identifier of a file, and it’s as easy as re-hashing a file and making sure the hashes match to ensure the file that was sent to us is the original.

IPFS is an open-source and actively developed protocol. It has a bright future ahead.

Source: about.d.tube