Square Payments Startup’s Jack Dorsey is Hunting for Bitcoin Engineers and Developers via Twitter

Well-known payments startup Square is set to bring in a number of engineers and a designer to tackle a variety of projects.

CEO Jack Dorsey tweeted on Wednesday how the new hires will

“work full-time on open source contributions to the bitcoin/crypto ecosystem.”

#BitcoinTwitter and #CryptoTwitter! Square is hiring 3-4 crypto engineers and 1 designer to work full-time on open source contributions to the bitcoin/crypto ecosystem. Work from anywhere, report directly to me, and we can even pay you in bitcoin! Introducing @SqCrypto. Why?

— jack 🌍🌏🌎 (@jack) March 20, 2019

Last week I was considering my hack week project, and asked @brockm: “what is the most impactful thing we could do for the bitcoin community?” His answer was simple: “pay people to make the broader crypto ecosystem better.” This resonated with me immediately, so we’re doing it.

— jack (@jack) March 20, 2019

This will be Square’s first open source initiative independent of our business objectives. These folks will focus entirely on what’s best for the crypto community and individual economic empowerment, not on Square’s commercial interests. All resulting work will be open and free.

— jack (@jack) March 20, 2019

Dorsey indicated the upcoming employees would have the option to be paid in bitcoin.

The Square and Twitter CEO has long been a notable advocate for Bitcoin.

Estimates say he pours nearly $10,000 into the cryptocurrency each week for investment purposes. This figure came after Dorsey appeared on a podcast back in early March.

He said he was not able to invest in Bitcoin earlier because he apparently surpassed CashApp’s investing limit, which is $10,000 per week.

Dorsey said in February that financial institutions should not see cryptocurrency as a threat, but rather as an equivalent to the blockchain. He’s also expressed a wish that Bitcoin would one day be the internet (and the world’s) single native currency.

The social media mogul made headlines about a week ago after announcing a purchase of a Trezor hardware wallet, which supports cryptocurrencies like Bitcoin, XRP, and Ether.

He seemingly decided on the Trezor since the Ledger Nano S was not “fully open-source based.”

Just bought a ⁦@Trezor⁩ hardware wallet with bitcoin through @CashApp⁩ pic.twitter.com/TBYn1q5XzI

— jack 🌍🌏🌎 (@jack) March 7, 2019

Dorsey also maintained his “ultra-bullish” Bitcoin stance on the Joe Rogan Experience podcast in March and cast doubt on alt-assets like TRX and Ethereum. To him, they have

“little to no value.”

Even though Square is a tool investor can use to buy cryptocurrency, Dorsey said the new company hires would just be focusing on “what’s best for the crypto community.”

According to him,

Square has taken a lot from the open source community to get us here. We haven’t given enough back. This is a small way to give back, and one that’s aligned with our broader interests: a more accessible global financial system for the internet.

— jack 🌍🌏🌎 (@jack) March 20, 2019

Dorsey’s Square is also set to integrate Lightning Network support. The protocol will help make Bitcoin transactions faster and more economical.

Are you currently contributing to bitcoin-core or other crypto ecosystem projects for free in your off-time? We’d like to pay you to do it full-time. If interested, DM @SqCrypto, and follow for updates on our progress. Thank you!

— jack 🌍🌏🌎 (@jack) March 20, 2019

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