Jack Dorsey shoots an Elon Musk as Bitcoin Bull continues to engage with Irked Ethereum Backers – Tesla Motors (TSLA), Twitter (TWTR)

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Twitter Inc. (NYSE: TWTR) CEO Jack Dorsey, a big supporter of the cryptocurrency apex Bitcoin (CRYPTO: BTC), withdrew a decision from Tesla Inc. (NASDAQ: TSLA) CEO Elon Musk as he continued to retaliate against his Ethereum supporters (CRYPTO: ETH).

What Happened: When asked by an Ethereum contributor about why he hated cryptocurrency, Dorsey replied that his concerns about cryptocurrencies other than Bitcoin are their founding principles, their security. and their centralization.

Concentrating on one thing is not hating others. I have made known my concerns about others regarding Bitcoin. The main ones are the founding principles, security and centralization.

– jack (@jack) August 12, 2021

Another Ethereum fan mocked Twitter and other big tech companies saying “Big Tech” is afraid of Ethereum because it is a disruptor. Dorsey replied that Ethereum technology alone will not be able to disrupt “Big Tech”.

Disrupting “Big Tech” is exactly what I need and want.

However, no single technology will do this on its own.

– jack (@jack) August 12, 2021

When a Twitter user accused Dorsey of having “cast a shadow” over cryptocurrency more than once and said he believed Bitcoin could play a key role in decentralization, Dorsey responded. by saying that decentralization is not an “end goal” for Bitcoin.

Like you did on Bitcoin, decentralization is not an end goal, it is just a method of fixing money.

– jack (@jack) August 12, 2021

Dorsey also replied to another Twitter user that while Ethereum is valuable to a lot of people, it doesn’t have value for the things it focuses on.

He is of value to a lot of people. Not what I’m focusing on.

– jack (@jack) August 12, 2021

See Also: Ethereum Trading Volume On Coinbase Surpasses Bitcoin For The First Time In Q2

Why it matters: Dorsey’s trolling on Ethereum supporters is similar to Musk’s in June, when he expressed support for Dogecoin (CRYPTO: DOGE) and digged into Bitcoin supporters, including including Dorsey. Musk is a big supporter of cryptocurrency meme.

Musk was also engaged in a feud with Bitcoin supporters in May, after appearing to signal that Tesla could get rid of the rest of the bitcoin he held.

Dorsey is widely known to be a so-called “Bitcoin maximalist” and has refused to consider buying Ethereum and other altcoins on several occasions.

Price Action: Twitter shares closed 0.8% lower during Thursday trading at $ 64.95.

Bitcoin has risen 0.5% in the last 24 hours, trading at $ 45,354.13 at time of publication, while Ethereum is up 0.1% in the 24 hour period at 3 $ 126.99.

Read More: Dogecoin, Bitcoin, Ethereum See Rally Pause But Cardano Puts Head Over Red Sea

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