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  • Square Crypto is a team which will work full-time on improving Bitcoin and crypto ecosystems.
  • Dorsey is looking to hire upto four developers and one designer for the team.

Jack Dorsey, the CEO of Twitter and Square announced the formation of “Square Crypto,” a team that will work full-time on improving Bitcoin and crypto ecosystems. The team  will be functioning independently of Square’s business objectives. He is looking to hire upto four developers and one designer for the team.  

In a series of tweets he explained:

“Last week I was considering my hack week project, and asked @brockm [Mike Brock, Development Lead at Square]: “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.”

“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.”

“Why add a designer into the mix? I believe this is an underfunded area in the crypto ecosystem. Great design will help more people access this technology faster and better. And we want to see more work to educate, like this: https://cash.app/bitcoin”

“I love this technology and community. I’ve found it to be deeply principled, purpose-driven, edgy, and”¦really weird. Just like the early internet! I’m excited to get to learn more directly.”