ICYMI: Block details expanded Bitcoin efforts at 2022 Investor Day
Block chief Jack Dorsey wants the company to be considered as more than just a payments firm.
“We think we've just scratched the surface for further adoption of Bitcoin in the United States and globally,” said Ahuja. “We believe Bitcoin is going to have a profound impact on financial services, particularly as a tool for economic empowerment and as a global currency for the Internet.” “These initiatives are early in their development and we intend to build out in the open,” said Ahuja.to building an “open” bitcoin mining system at the start of this year. Block contends that the current state of mining is dominated by large firms and hard to access for small firms or individuals.
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