Twitter’s Jack & Jay Z Set Up Trust For The Development Of Bitcoin

CEO Jack Dorsey has set up a 500 BTC (R346 million) trust fund for the development of bitcoin in Africa and India.

He announced the trust on , stating his and his partner’s need of three board members to run the trust. He stated it would be a blind trust and the board will never have to take directive from him and -Z.

Do you think you have something to contribute as a aboard member of the trust fund? You may want to check out Jack’s post below and apply. Last we checked, the application is still open.

Prior to the announcement of the trust, Jack Dorsey has been in the vanguard ob adoption. In fact, he has as part of his bio in the company where he serves as CEO.

The announcement of the trust has spawned mixed reactions online. While some fans were all for it, others thought the priority was misplaced. A user stated that India has already banned while Africa countries are kicking agains the adoption of the cryptocurrency.

Well, what do you think of Jack and -Z’s move and the future of Bitcoin? You may want to join the conversation by dropping your thoughts in the comment section below.

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