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No, Jack Dorsey is not trolling ETH by making its brand the Ethiopian flag

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Crypto Twitter was united in amusement as we speak when the hashtag #eth started to routinely present the Ethiopian flag because the Ethereum ‘brand’.

Given Twitter CEO Jack Dorsey’s love of Bitcoin and the actual fact Bitcoin has its personal Twitter icon many puzzled if Dorsey was subtly trolling Ethereum (ETH). In any case he’s a staunch Bitcoin (BTC) maximalist that has refused to contemplate shopping for into ETH and different altcoins on a number of events and has repeatedly said that Bitcoin will develop into the web’s native foreign money.

The Twitter and Sq. founder definitely noticed the humorous facet of it, Tweeting “#eth”  which drew the eye of the official Olympics account which mentioned it was “nice to see Jack and the crypto group supporting the #ETH athletes!”

Twitter influencer Crypto Cobain additionally discovered the humorous facet and tweeted “HAHA” to his 403,400 followers that “that is good.”

NFL footballer Sean Culkin, who’s changing his total 2021 NFL wage into Bitcoin, puzzled why so many individuals had been “not realizing its a troll”

Bitcoiners corresponding to “Bitcoin Meme Hub” jumped within the joke by posting faux Tweets from Ethereum co-founder Vitalik Buterin supposedly stating that “this isn’t humorous Jack.”

Hashflags

Actually, the Ethiopian flag had nothing to do with Ethereum in any respect. The social media platform has been attaching flags to hashtags of countries competing within the 2021 Tokyo Olympics. The promotion is a part of a ‘hashflags‘ marketing campaign that the platform additionally did for the 2016 Olympics in Rio De Janeiro.

Associated: Aave founder hints at creating ‘Twitter on Ethereum’

Apparently the Twitter CEO used the Ethiopian flag to advertise Bitcoin earlier this 12 months, after he retweeted lobbying efforts from a gaggle of Ethiopian-based entrepreneurs dubbed “Challenge Mano” who had been urging their authorities to contemplate mining and hodling BTC.

Dorsey this week spoke at “The ₿ Phrase,” — a digital Bitcoin occasion alongside Tesla CEO Elon Musk and Ark Make investments CEO Cathie Wooden. Through the occasion, Dorsey outlined his hope that Bitcoin “creates world peace or helps create world peace.”

“We’ve got all these monopolies off steadiness and the person doesn’t have energy and the quantity of price and distraction that comes from our financial system as we speak is actual and it takes away consideration from the larger issues,” he mentioned as he emphasised Bitcoin’s potential for fixing monetary inequality.