Within minutes of announcing retirement from the post of CEO, Twitter co-founder Jack Dorsey has become a subject of speculation and debates. Keeping all speculations at bay, Dorsey himself stated his plans until May 2022. However, that has not stopped people from deliberating about his next steps. Dorsey’s Square app is already very successful, and many feel that he will dedicate all his time and efforts to the development of the Square app. However, some speculations suggest something deeper and hint at the true motivation behind stepping down as the CEO.
Jack Dorsey has been a long-time proponent of cryptocurrency. He was one of the first public figures to openly accept cryptocurrency s the future of transactions. According to reports, the new CEO of Twitter Parag Agarwal has also contributed extensively to Twitter’s decentralization project Bluesky.
If Dorsey devotes his entire time to the development of cryptocurrencies from May, it will not be very surprising. Twitter has been trying to incorporate crypto into its ecosystem for a long time. They have also seen considerable success – it is one of the first mainstream platforms that allowed users to reward their favorite creators in cryptocurrency. Keeping all these factors in mind, it is only natural that Dorsey’s next big project will be related to crypto. At the same time, all of this is at a speculatory stage, since Dorsey might well take time off following his tenure and retire from work altogether.