Dorsey’s Twitter Departure Hints at Tech Moguls’ Restlessness


Dorsey talks about cryptocurrency and the decentralized web with the kind of fervor he once used to describe Twitter.

The founders of today’s biggest tech giants are growing tired of managing their empires, which are increasingly burdened by political controversy and hard-to-fix problems like misinformation and hate speech. They don’t see an easy way out, and they’re more excited by building new things than fixing old ones. So they are turning those empires over to others and heading off in search of new frontiers.

It seems obvious what Mr. Dorsey’s next frontier will be. He’s obsessed with Bitcoin (it’s the only thing in his Twitter bio), and he talks about cryptocurrency and the decentralized web with the kind of zeal he once used to describe Twitter.

“I don’t think there’s anything more important in my lifetime to work on, and I don’t think there’s anything more enabling for people around the world,” he told the audience at a Bitcoin conference in Miami in June.

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