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{"id":3717,"date":"2021-08-12T23:16:13","date_gmt":"2021-08-12T23:16:13","guid":{"rendered":"https:\/\/www.cryptocurrencypanther.com\/2021\/08\/12\/ethereum-is-a-scam-twitter-ceo-takes-to-trolling-another-crypto-after-playing-around-with-dogecoin-square-sq-twitter-twtr\/"},"modified":"2021-08-12T23:16:13","modified_gmt":"2021-08-12T23:16:13","slug":"ethereum-is-a-scam-twitter-ceo-takes-to-trolling-another-crypto-after-playing-around-with-dogecoin-square-sq-twitter-twtr","status":"publish","type":"post","link":"https:\/\/cryptocurrencypanther.com\/2021\/08\/12\/ethereum-is-a-scam-twitter-ceo-takes-to-trolling-another-crypto-after-playing-around-with-dogecoin-square-sq-twitter-twtr\/","title":{"rendered":"Ethereum Is A ‘Scam?’ Twitter CEO Takes To Trolling Another Crypto After Playing Around With Dogecoin – Square (SQ), Twitter (TWTR)"},"content":{"rendered":"


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Twitter Inc<\/strong>. (NYSE:TWTR<\/a>) and Square Inc<\/strong>. (NYSE:SQ<\/a>) CEO Jack Dorsey <\/strong>has again trolled backers of\u00a0Ethereum<\/strong> (CRYPTO: ETH), the second-biggest cryptocurrency by popularity and market capitalization.<\/p>\n

What Happened:<\/strong> Dorsey, a big supporter of apex cryptocurrency Bitcoin<\/a><\/strong>, posted a screenshot of how he created and synced a list of all Twitter accounts he follows, but the screenshot displays a tweet that \u201cexplains\u201d why Ethereum is considered a scam.<\/p>\n

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I used @getvicarious<\/a> to create and sync a list of all accounts I\u2019m following, set that list to be reverse chron, named it \u201cLatest\u201d and pinned it, and now I can quickly swipe between ranked (algorithm) and all tweets as they happen<\/p>\n

(inspired by an idea from team) pic.twitter.com\/ZfSg9pGeds<\/a><\/p>\n

\u2014 jack (@jack) August 12, 2021<\/a><\/p>\n<\/blockquote>\n

See also: How To Buy Ethereum (ETH)<\/a><\/em><\/p>\n

A Twitter user said he believed the screenshot was a coincidence, but Dorsey responded by saying it was not.<\/p>\n

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There are no coincidences<\/p>\n

\u2014 jack (@jack) August 12, 2021<\/a><\/p>\n<\/blockquote>\n

See Also: Twitter CEO Jack Dorsey Throws Dogecoin Community In A Frenzy With Cryptic Tweet<\/a><\/em><\/p>\n

Why It Matters<\/strong>: Dorsey had caused a ruckus in July after his \u201c#eth\u201d tweet linked to the flag of Ethiopia.<\/p>\n

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#eth<\/a><\/p>\n

\u2014 jack (@jack) July 22, 2021<\/a><\/p>\n<\/blockquote>\n

Dorsey is widely known to be a so-called \u201cBitcoin maximalist\u201d and has refused to consider buying into Ethereum and other altcoins on several occasions.<\/p>\n

The\u00a0 Twitter CEO said on the company\u2019s second-quarter earnings call in July that Bitcoin will be a \u201cbig part\u201d<\/a> of the company\u2019s future. Dorsey\u2019s financial payments company Square has also invested<\/a> in the apex cryptocurrency.<\/p>\n

Dorsey\u2019s continued rejection of Ethereum as a viable instrument comes even as the sale<\/a> of his first-ever tweet, put on auction as a non fungible token, was denominated in ether.<\/p>\n

Price Action:<\/strong> Twitter shares closed 0.3% lower in Wednesday\u2019s trading at $65.46.<\/p>\n

Bitcoin is down 2.4% during the past 24 hours, trading at $45,200.59 at press time, while Ethereum is down 2.7% over the 24-hour period to $3,134.85.<\/p>\n

Read Next:\u00a0<\/em>Dogecoin Outperforms Bitcoin From Here, Says Twitter-Popular Technical Analyst<\/em><\/a><\/p>\n<\/p><\/div>\n