Jack Dorsey – Billionaire365

Facebook And Twitter Debated The False Accounts and Fake News Topics Before the US Senate

The role of social networks in US elections continues to be scrutinized by the US Senate. After Mark Zuckerberg, now Jack Dorsey, CEO of Twitter, and Sheryl Sandberg, number two at Facebook, were heard on September 5th regarding the foreign interference on these social networks in the perspective of the US elections.

“We are not proud,” said Jack Dorsey, Twitter CEO. “We were not prepared and equipped for the immensity of the problems we discovered,” he added.

“We hope you can help us better understand how Twitter decides when to suspend or ban a user from the service, and what you do to ensure that such decisions are made without undue bias,” said Greg Walden, the President of the Commission, at the opening ceremony.

According to Jack Dorsey, Twitter failed to fight “abuse, harassment, troll armies, and bots propaganda.”

“We have been too slow to act,” also said Sheryl Sandberg of Facebook.

Facebook and Twitter reassured the US Senate that the measures against fake news and false accounts are still in place

In short, thousands of fake accounts leading hostile campaigns against Hillary Clinton had suddenly been shut down on Twitter and Facebook. That raised questions about Russia’s role in this matter, while, on the other side, Russia categorically denies this accusation.

Additionally, the US President Donald Trump blames Twitter and Facebook for ejecting conservative media from the social network, media that would be favorable to him.

“We do not take into account political views or party affiliation in the application of our policies and procedures,” said Jack Dorsey. “Impartiality is our guiding principle,” he added.

The renowned conspiracy theorist Alex Jones, who was recently banned on Facebook, YouTube, and Twitter, came before the US Senate to express his dissatisfaction on this matter.

This hearing comes in the view of the mid-term elections scheduled for next November, while Facebook and Twitter wanted to reassure us that thousands of foreign accounts broadcasting fake news were reportedly deleted from these platforms.

Anna Galvez

Bitcoin (BTC) Will Be The Native Currency Of The Internet, According To Jack Dorsey, Twitter CEO

Jack Dorsey, the co-founder and the CEO of the famous social networking site Twitter, as well as the Square payment platform, was a guest speaker at Consensus 2018, the event where he commented exclusively on his predictions about the use of cryptocurrencies in the financial market in the long term, stating that, in his opinion, Bitcoin (BTC) will be the native cryptocurrency of the Internet.

According to reports coming from Bloomberg and David Floyd, one of the reporters present at the Consensus 2018 gala, in New York City, USA, Jack Dorsey said that the Internet needs a native currency that facilitates transactions and payments within the web without limitations from third parties.

Although the co-founder of Twitter is not entirely sure if the cryptocurrency assets will end up taking the place of the Internet’s native currency, he does hope that Bitcoin (BTC) will be able to capitalize on the cyber market and become a currency among web users.

Jack Dorsey, the CEO of Twitter, is not at his first statements in the favor of Bitcoin (BTC)

“The Internet deserves a native currency. It’ll have a native currency. I don’t know if it’s Bitcoin (BTC) or not. I hope it is,” were the words the businessman gave to the group of enthusiasts who attended the event.

Similarly, Jack Dorsey commented that he has always been an enthusiast of the philosophy of cryptocurrencies, an assertion that is based on the constant support the co-founder of Twitter given to crypto coins, over the time.

However, at first, when Bitcoin (BTC) White Paper was launched, it did not understand the long-term impact and implications of this new blockchain technology, as he himself admitted.

In the past, however, Jack Dorsey has already expressed his deep confidence in the potential for financial transformation of blockchain technology and cryptocurrencies, tools that have emerged for him as the great technological innovations of this decade with the capacity, in the case of Bitcoin (BTC), to become the native currency of the Internet.

Anna Galvez