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“We believe Bitcoin will be the native currency of the internet. While there are many projects to help make the internet more decentralized, our focus is solely on a sound global monetary system for all,” Mike Brock, the TBD lead at Square said.

Investing aggressively in decentralizing social media more will be ‘hugely important,’ CEO says.

“There appears to be a positive trend in energy for bitcoin,” Elon Musk said during the “Bitcoin as a Tool for Economic Empowerment” session at The B-Word conference.

The decision was announced in a tweet by Jesse Dorogusker, the hardware lead and TIDAL lead at Square.