Jack Dorsey Reveals That Square Considers Making A Hardware Wallet For Bitcoin | CryptoGazette – Cryptocurrency News

cryptogazette.com June 04 2021 14:47, UTC

Jack Dorsey brings great news to the crypto space. He said that Square considers making a hardware wallet for Bitcoin.

Check out the post that he shared on his social media account below.

Square is considering making a hardware wallet for #bitcoin. If we do it, we would build it entirely in the open, from software to hardware design, and in collaboration with the community. We want to kick off this thinking the right way: by sharing some of our guiding principles.

— jack (@jack) June 4, 2021

Dorsey also said: ‘Bitcoin is for everyone. It’s important to us to build an inclusive product that brings a non-custodial solution to the global market. Much respect to everyone who has gotten us this far. What are the biggest blockers to get a non-custodial solution to the next 100M people?’

He posted: ‘No keys, no cheese.” The exchange you used to buy your bitcoin probably attends to your security with good intent, but circumstances may reveal “custody” actually means “IOU.” Deciding to take custody, and security, of your bitcoin is complicated. What’s the #1 problem here?’

Anyway, check out the complete thread that Dorsey shared on Twitter in order to learn all about what he had to say.

Ledger hopped in the comments and said that they would be glad to have Dorkey on board with them in this long journey.

Bitcoin bullish predictions arise

It’s been just reported that a crypto analyst gets ready for a fresh Bitcoin rally as the king coin wavers around the $35,000 range.

The pseudonymous trader explained why he is bullish on BTC despite its recent price action.

“You’ve seen me posting very bullish tweets these days. This is not random. I’m going to explain some of the reasons why I still think we will see new highs this year.”


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