Jack Peterson

Jack Peterson

Jack Peterson is the co-founder and architect of the Augur project with interests in networking, change, and large data collections of all kinds. Plus, he's an amateur travel writer with a penchant for motorbiking, swimming, sushi, and stout.

Jack Dorsey: Bitcoin Is the Only Money on the Internet: At Block's Investor Day, Block CEO Jack Dorsey Reveals He's Expanding the Payments Company, Golden Finance Reports The ambitions of a digital giant across multiple fields reaffirmed its firm confidence in blockchain technology and the future of Bitcoin. He believes that Bitcoin is the only candidate for Internet money. Block’s CEO emphasized that encryption and music streaming businesses should be viewed as an “ecosystem.” He also noted that the company's efforts in bitcoin will continue to be the company's main strategy, with its bank-like Cash app supporting peer-to-peer payments and bitcoin transactions. (cryptopotato) [2022/5/19 3:27:52]

Jack Dorsey and others jointly sent a letter to the U.S. Environmental Protection Agency to refute the claim that Bitcoin mining poses a threat to the environment: news on May 2, well-known figures such as Jack Dorsey, Tom Lee, Michael Saylor, and Benchmark Capital, Fidelity Investments, Fortress Investment Group, etc. Businesses have sent a joint letter to the U.S. Environmental Protection Agency (EPA) refuting claims by House Democrats that the agency should investigate the environmental impact of crypto mining.

The joint letter challenged lawmakers for conflating data centers with power generation facilities. The rebuttal letter argues that the data centers containing the "mining machines" are no different from those owned and operated by Amazon, Apple, Google, Meta, and Microsoft. Every data center is just a building in which electricity powers IT equipment.

Nic Carter, who co-authored the joint letter, said, "It is very unusual for the EPA to regulate the type of computing that occurs in the data center. It is clearly outside their remit."

As previously reported, U.S. Rep. Jared Huffman and others have called for a review of crypto mining, saying it poses a threat to the environment. (CNBC) [2022/5/2 2:45:39]

American rapper Soulja Boy is considering launching an encrypted token Souljacoin: American rapper DeAndre Cortez Way (Soulja Boy) tweeted that he is considering creating an encrypted currency Souljacoin named after him. "It's time" to activate it, he noted. (U.Today)[2021/5/28 22:53:30]

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