Overview
- Dorsey's forecast sees Bitcoin exceeding $1 million, supported by the collective efforts improving the ecosystem.
- He has shifted focus towards decentralized social media, moving away from platforms like Bluesky to support Nostr.
- Criticism from Bluesky executives highlights disagreements over decentralization and protocol management.
- Recent legal scrutiny over Dorsey's company, Block, raises concerns amidst its aggressive crypto investments.
- Bitcoin's market optimism is fueled by new ETFs, attracting significant institutional investment.