RATE Group | Facebook’s Libra cryptocurrency gets a ‘hell no’ from Twitter CEO Jack Dorsey
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Facebook’s Libra cryptocurrency gets a ‘hell no’ from Twitter CEO Jack Dorsey

24 Oct Facebook’s Libra cryptocurrency gets a ‘hell no’ from Twitter CEO Jack Dorsey

Posted at 23:05h in Cryptocurrency News by

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Twitter doesn’t want to join Libra.


Angela Lang/CNET

Twitter CEO Jack Dorsey gave a resounding negative answer when asked whether his social media platform would be joining Facebook’s Libra cryptocurrency project, according to multiple reports. During a Twitter event in New York City Thursday, Dorsey said “hell no” to the prospect.

Facebook in June unveiled the global digital coin, which will be managed by a governing body called the Libra Association. Libra — set to launch in the first half of next year — is intended to be used to purchase products, send money internationally and make donations.

“Nothing within Libra had to be a cryptocurrency to do what they wanted to do,” one journalist quoted Dorsey as saying.

Dorsey’s answer was also reported by The Verge…

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