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Jack Dorsey Takes Dig at Shiba Inu and Robinhood

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Wed, 13/04/2022 - 6:07
Jack Dorsey Takes Dig at Shiba Inu and Robinhood
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In a recent tweet, former Twitter CEO Jack Dorsey has been perplexed by Robinhood’s decision to add the Shiba Inu cryptocurrency, according to his recent tweet.

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Image by twitter.com

In response, Robinhood CEO Vlad Tenev asked when Twitter was going to introduce an edit button.   

The leading commission-free trading app finally listed the Shiba Inu cryptocurrency on Tuesday to the delight of the community. The price of the SHIB token spiked by roughly 35% following the much-anticipated listing, but it has since erased the majority of its impressive gains.           

Robinhood also stepped up its Twitter game by actively engaging with the community. Tenev also posted a photo of him playing with a Shiba Inu dog, adding that dogs make one’s life whole.   

A high-profile Bitcoin maximalist

This is not the first time that Dorsey has taken a dig at the meme coin. In October, the billionaire succinctly criticized cryptocurrency exchange Coinbase for promoting Shiba Inu.

Dorsey is known as a staunch Bitcoin maximalist, who has repeatedly rejected the idea of embracing altcoins. His reluctance to explore other cryptocurrencies has led to numerous disputes with the Ethereum community.

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After Dorsey stepped down as chief executive officer of Twitter in November, Twitter became more altcoin-friendly. As reported by U.Today, the leading social media platform rolled out Bitcoin tipping in mid-February.

Last week, Tesla CEO Elon Musk, who recently took a 9.2% passive stake in Twitter, recently suggested making it possible to pay for the Blue subscription service with the help of Dogecoin.

Meanwhile, Dorsey remains laser-focused on Bitcoin. Block and Blockstream recently partnered with Tesla in order to run a solar-powered crypto mining farm.

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