Jack Dorsey: How to turn a tech entrepreneur into a core advocate of the Bitcoin ecosystem

From Skepticism to Belief: A Transformation

While most Silicon Valley elites were still observing Bitcoin, Jack Dorsey sensed the underlying logic behind this emerging asset. The founder of Twitter, a tech giant with a net worth of $570 million, has gradually become one of the most influential entrepreneurs in the Bitcoin ecosystem over the past decade. His story is not only about personal investment choices but also a profound reflection on the future of the financial system.

Business Intuition and Early Deployment

In 2012, when Bitcoin hovered around $10, Dorsey saw through the core value of this innovation. He compared Bitcoin’s white paper to “poetry,” which not only reflects his aesthetic appreciation for technology but also indicates his recognition that it is a declaration to change financial infrastructure.

Two years later, Dorsey’s Square (now renamed Block) became one of the first companies to integrate Bitcoin into mainstream payment systems. This decision was bold and forward-thinking at the time—allowing merchants to accept cash, checks, and Bitcoin simultaneously. Dorsey’s statement at the time, “Users should be able to accept any form of value exchange,” reflected his obsession with the future of decentralized payments.

From Personal Belief to Institutional Commitment

Block’s support for Bitcoin has evolved from simple feature integration to strategic asset allocation. The company currently holds over 8,000 Bitcoin, which is not just an investment but also a systemic endorsement of Bitcoin’s long-term value by Dorsey. In contrast, many traditional financial institutions are still wavering between Bitcoin and conventional assets.

Dorsey has also pledged millions of dollars to fund Bitcoin developers, demonstrating his deep concern for the healthy development of the ecosystem. In his view, Bitcoin’s future depends not only on price but also on technological innovation and the vitality of the developer ecosystem.

From Social Media to the Global Stage

On X (formerly Twitter), Dorsey has become a key voice in Bitcoin narratives. He not only shares his views but also actively refutes false accusations, popularizing Bitcoin’s technical details and philosophical foundations. This ongoing educational effort plays a crucial role in shaping public perception.

Furthermore, Dorsey has expanded Bitcoin promotion to a global stage. From Africa to Southeast Asia, he attends and supports Bitcoin summits around the world, bringing international attention to these communities. The underlying logic of these initiatives is that Bitcoin’s value lies in its global inclusivity, not serving a single market.

Social Mission and Financial Empowerment

Dorsey’s collaboration with Jay-Z on the Bitcoin Africa initiative, as well as the establishment of the Bitcoin Academy for vulnerable youth in the US, demonstrate his understanding of Bitcoin’s social impact. This is not charity for show but a view of Bitcoin as a tool for financial inclusion—allowing those excluded by traditional financial systems to participate in the global economy.

This approach echoes Bitcoin’s essence: a payment system that requires no bank accounts and is not limited by geography. Dorsey has proven in practice that this ideal is achievable.

Symbolism and Persistence

Dorsey’s iconic Satoshi (Bitcoin’s pseudonymous creator) T-shirt has become a visual expression of his commitment. This simple clothing choice, repeatedly seen in his public appearances and media moments, sends a strong signal: respect for Bitcoin’s fundamental philosophy and unwavering dedication to decentralization.

Breadth and Depth of Influence

From business integration to ecosystem investment, from personal advocacy to institutional support, Jack Dorsey’s promotion of Bitcoin is multi-dimensional and profound. He has addressed a long-standing challenge for Bitcoin through an entrepreneurial approach: how to move this technology from the geek community into mainstream application.

Dorsey’s answer is: not only believe but also invest; not only invest but also educate; not only educate but also create practical use cases. This combination has gradually transformed Bitcoin from a fringe asset into a serious financial instrument recognized by mainstream institutions.

His story reminds us that Bitcoin’s legend is not just about technology or price but also about how visionary individuals, through continuous action and commitment, turn a radical idea into a tangible institutional force.