crypto network Twitter logo

Twitter

Twitter is an online news and social networking service based around short messages called "tweets" and a follower / following model. Twitter is one of the most active gathering places for crypto discussion.

Twitter people

Cryptocurrency reviews from the executives, employees and alumni of Twitter

photo of cryptocurrency expert Jack Dorsey
Jack Dorsey

Co-founder and CEO of Twitter and Square

photo of cryptocurrency expert Elad Gil
Elad Gil

Entrepreneur and Investor

photo of cryptocurrency expert Fred Wilson
Fred Wilson

VC at Union Square Ventures

Reviews by Twitter people

๐Ÿ”‘ 14 positive | ๐Ÿ’ฉ 2 negative

๐Ÿ”‘

In the crypto world, Bitcoin is perceived as slow to change, clunky technologically, and as having bad governance. While all these things may be true, Bitcoin has strong network effects that will maintain its status as the primary value store in the short to medium term.

2017-12-11 | Full Review

๐Ÿ”‘

Late last year, USV invested in Numerai, a hedge fund that uses data scientists all around the world to โ€œcrowdsourceโ€ stock price predictions. I blogged a bit about Numerai then.

If that business model wasnโ€™t cutting-edge enough for you, the Numerai team has now gone a step further and issued a crypto-token called Numeraire to incent these data scientists to work together to build the best models instead of just competing with each other.

2017-02-22 | Full Review

๐Ÿ”‘

To be clear, I donโ€™t think Steem has this all figured out. I donโ€™t own any Steem (or at least I donโ€™t think I do). And I think they have made things a bit too complicated with their tokens and incentives. To their credit, they have taken steps to simplify things, and they are headed in the right direction.

2017-01-05 | Full Review

๐Ÿ”‘

Ethereum has enormous developer interest and the second-largest market cap. It also has characteristics that could make it a good payment network. At a minimum, Ethereum is a likely "silver" to Bitcoin's "gold" status. There are some scenarios where Bitcoin collapses and Ethereum takes over as primary value store.

2017-12-11 | Full Review

๐Ÿ”‘

Over $20 trillion is believed to be stored in the Cayman Islands and in Swiss bank accounts. These offshore accounts are used due to their discretion and privacy. Digital privacy tokens like Monero and Zcash will subsume this use case over time.

2018-05-02 | Full Review

๐Ÿ”‘

Bitcoin is resilient. Bitcoin is principled. Bitcoin is native to internet ideals. And itโ€™s a great brand.

2019-02-05 | Full Review

๐Ÿ”‘

We are also seeing signs that users like using crypto-assets in mobile and web apps. Kin, built by our portfolio company Kik, has become one of the most used cryptocurrencies in the world.

2019-09-04 | Full Review

๐Ÿ”‘

Bitcoin is the one protocol that has found lasting product-market fit. In terms of a censorship proof digital store of wealth, there is nothing that comes close to Bitcoin. There are some protocols, like the privacy-focused ones, that offer similar and in some cases better use cases. But for the most part, Bitcoin is our digital gold.

2019-09-04 | Full Review

๐Ÿ’ฉ

Ethereum . . . confounds me. It has shown the way to so many important things; smart contracts, programmable trust-free computing, potentially proof of stake, and a lot more. But it remains hard to build on, scaling issues abound, and many developers are looking elsewhere.

2019-09-04 | Full Review