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This is a terribly written article: >Twitter CEO Jack Dorsey has been buying $10,000 worth of Bitcoin per week >Speaking on the Tales from the Crypt podcast,
by dwighttk 8y ago
This is a terribly written article:
>Twitter CEO Jack Dorsey has been buying $10,000 worth of Bitcoin per week
>Speaking on the Tales from the Crypt podcast, Twitter CEO Jack Dorsey has revealed that he has been exceeding his weekly buy limit for Bitcoin
>Twitter CEO Jack Dorsey has revealed that he has been exceeding his weekly buy limit for Bitcoin, purchasing $10,000 worth of the cryptocurrency every week.
The first three sentences contradict each other. Later we learn that $10K is the limit for purchasing bitcoin in the Cash app... is he exceeding the limit or not?
"has been" and "a week" indicate that something is recurring. Nothing in the article supports that. It just mentions that Jack claimed he had already exceeded his limit. That is one week.
Do we know that Jack has the same limits as his customers? The blog post just references a tweet that claims the limit is $10K/week. That's where the $10K in the headline comes from.
Listening to the referenced podcast doesn't yield any points for the "per week" side... Around 8:05 is the part they talk about and Jack says he exceeded his limit so he couldn't join in the #stackingSats drive the podcast is endorsing. Jack then says he thinks he can join tomorrow because his limit resets. I mean, it's a symbolic gesture, perhaps he will just buy his supposed $10K per week and say that $25 was part of #stackingSats who really cares... The point is this article and headline are poorly written.