In brief
- Stablecoin behemoth Tether donated $250,000 to OpenSats this week, prompting Jack Dorsey to criticize the amount of the gift.
- Dorsey highlighted his own $21 million donation and drew mixed reactions from the Bitcoin community.
- Udi Wertheimer later called out Dorsey over his investment in Ocean, a Bitcoin mining pool that has attracted controversy.
Sometimes it can be easier to say nothing at all.
This week, stablecoin giant Tether announced a $250,000 donation to OpenSats to support Bitcoin developers—only for one of the world’s best-known programmers (and Bitcoin maximalists) to publicly chastise the size of the gift.
Twitter co-founder and Square CEO Jack Dorsey lampooned the donation Thursday on X, shortly after it was touted by Tether’s CEO, Paolo Ardoino.
“Why only $250K?” Dorsey replied curtly to Ardoino.
Tether is one of t
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Author: Sander Lutz
