On 2nd Feb. Jack Dorsey, the co-founder, and CEO of Twitter tweeted the new Bitcoin emoji and tagged Unicode with a suggestion to do the same.
We can see the symbol of Bitcoin appearing each time a user uses the hashtag #Bitcoin or #BTC in the tweets. The suggestion to Unicode, to include the symbol in the text encoding standard was appreciated by many users. They joined Jack Dorsey in the request.
The first person to do so was Elizabeth Stark, co-founder of Lightning Labs. She tweeted the hashtag followed by the emoji, asking if anyone submitted a proposal to Unicode.
Soon, many other crypto investors and famous personalities tested the emoji by tweeting about it. Justin Sun, the founder of Trox and CEO of BitTorrent, tweeted #Bitcoin with the emoji, showing his support and appreciation.
Major cryptocurrency exchanges tweeted the emoji through their official handles. They suggested their followers to start tending the hashtag on Twitter. Binance’s official handle asked followers to join in.
Changpeng Zhao, CEO of Binance, retweeted the same with ‘Let’s do this’ message followed by the hashtag and emoji. Within seconds, many followers replied and retweeted with the hashtag, sharing their delight with other Twitter users. Various cryptocurrency-related hashtags were also tweeted in the process. Discussions flowed one way and another as crypto lovers indulged in some friendly banter.
Bitcoin has officially joined the famous hashtags like #metoo, which come with an emoji when used in the tweets. Though the Bitcoin emoji doesn’t appear when a tweet is embedded, it does appear on the Twitter client.
Jack Dorsey and Cryptocurrency
The CEO of Twitter has been a lover and supporter of cryptocurrency for a while. Jack Dorsey is also the founder and CEO of Square, a crypto-friendly mobile payments app. On 21st Jan, Square won the patent for the technology that would seemingly ‘crack the present barrier in merchant transactions’ and provides a real-time system where crypto is exchanged for fiat money.
Last year in early December, Jack announced that a dedicated team of Twitter was working on developing a ‘decentralized standard for social media.’ He put out a series of tweets on 11th Dec’19 to explain about the challenges social media networks face during their daily operations. He said how the centralized approach is not being able to scale misinformation and abuse on a global level. He suggested that a decentralized approach would work better and said that Twitter was funding one such project where a team was working on developing certain standards.
The New Bitcoin Emoji
While there is no clear information about who was the main force behind this new emoji, Jack Dorsey’s open endorsement has pushed it further into the limelight. Jack has always been vocal about his opinion on cryptocurrency. One example is his podcast interview with Joe Rogan, where Jack called cryptocurrency the leading contender in the market.
Needless to say, the small move by Twitter has managed to make the entire crypto community happy.
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