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The CEO of Twitter Jack Dorsey, received a salary of $ 1,40

The CEO of Twitter Jack Dorsey, received a salary of only $1,40. Fortunately, he has other sources of income, including investments in Bitcoin.

In fact, a famous entrepreneur and CEO of Square and Twitter receives a basic income not in the form of wages and profits according to their stake, so the size of the salary is purely symbolic.

$ 1,40 — this is a reference to 140 characters, which initially was limited to Twitter. In 2017, the Square paid him as compensation $ 2,75, which is the size of the platform fee of 2.75% for every financial transaction.

In fact, Jack Dorsey earned on shares of Twitter at $ 25 million, besides being a big fan of Bitcoin since 2012 every week, he invests in cryptocurrency $ 10,000.

According to Bitcoinist, the income from its investments as follows:

Recently, Jack Dorsey posted a tweet in which he wrote about making a purchase in Japan, during which he paid bitcoins.

He also has a Bitcoin node, and his company Square have integrated technology Lightning Network, providing ultra-fast transactions BTC and other cryptocurrencies.

Also in March, Square announced the search four IT specialists, specializing in virtual currency and is able to integrate cryptopedia.

The post The CEO of Twitter Jack Dorsey, received a salary of $ 1,40 appeared first on FineCrypto.



This post first appeared on Cryptocurrency News, please read the originial post: here

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