No, Jack Dorsey isn't trolling ETH by making its logo the Ethiopian flag

Published at: July 23, 2021

Crypto Twitter was united in amusement today when the hashtag #eth began to automatically show the Ethiopian flag as the Ethereum 'logo'.

Given Twitter CEO Jack Dorsey’s love of Bitcoin and the fact Bitcoin has its own Twitter icon many wondered if Dorsey was subtly trolling Ethereum (ETH). After all he’s a staunch Bitcoin (BTC) maximalist that has refused to consider buying into ETH and other altcoins on multiple occasions and has repeatedly stated that Bitcoin will become the internet’s native currency.

The Twitter and Square founder certainly saw the funny side of it, Tweeting “#eth”  which drew the attention of the official Olympics account which said it was “great to see Jack and the crypto community supporting the #ETH athletes!”

Twitter influencer Crypto Cobain also found the funny side and tweeted “HAHA” to his 403,400 followers that “this is perfect.”

NFL footballer Sean Culkin, who is converting his entire 2021 NFL salary into Bitcoin, wondered why so many people were “not realizing its a troll”

Bitcoiners such as "Bitcoin Meme Hub" jumped in the joke by posting fake Tweets from Ethereum co-founder Vitalik Buterin supposedly stating that "this is not funny Jack."

pic.twitter.com/1DK6R9d1Gi

— Bitcoin Meme Hub (@BitcoinMemeHub) July 23, 2021

Hashflags

In fact, the Ethiopian flag had nothing to do with Ethereum at all. The social media platform has been attaching flags to hashtags of nations competing in the 2021 Tokyo Olympics. The promotion is part of a 'hashflags' campaign that the platform also did for the 2016 Olympics in Rio De Janeiro.

Related: Aave founder hints at developing ‘Twitter on Ethereum’

Interestingly the Twitter CEO used the Ethiopian flag to promote Bitcoin earlier this year, after he retweeted lobbying efforts from a group of Ethiopian-based entrepreneurs dubbed “Project Mano” who were urging their government to consider mining and hodling BTC.

#bitcoin https://t.co/jQSnJr5bv8

— jack (@jack) June 15, 2021

Dorsey this week spoke at "The ₿ Word," — a virtual Bitcoin event alongside Tesla CEO Elon Musk and Ark Invest CEO Cathie Wood. During the event, Dorsey outlined his hope that Bitcoin “creates world peace or helps create world peace.”

“We have all these monopolies off balance and the individual doesn’t have power and the amount of cost and distraction that comes from our monetary system today is real and it takes away attention from the bigger problems,” he said as he emphasized Bitcoin’s potential for solving financial inequality.

Tags
Related Posts
Twitter to allow users to add BTC and ETH addresses to profiles, per leaked screenshots
Twitter appears to be developing functionality that enables users to add Bitcoin and Ethereum addresses to their profiles. The latest update is believed to be a part of Twitter’s Tip Jar feature, which was introduced in May this year, and adds to reports, which surfaced earlier this week, that the firm would enable Bitcoin (BTC) tipping for content creators. Italian mobile developer and self-described “leaker” Alessandro Paluzzi tweeted screenshots on Thursday that showed BTC and Ether (ETH) wallet address options in the settings toolbar of the app version of Twitter. #Twitter is working to allow you to add your #Bitcoin …
Business / Sept. 3, 2021
Jack Dorsey confirms Square is building an ‘assisted custody’ BTC hardware wallet
Digital payments firm Square is building a Bitcoin (BTC) hardware wallet, with CEO Jack Dorsey and hardware lead Jesse Dorogusker both confirming the plan on Twitter. The tech entrepreneur and Bitcoin proponent first teased the idea for a Square hardware wallet and custody service last month but revealed today that “we’re doing it.” We’re doing it #Bitcoin https://t.co/IwbKuBoXGv — jack (@jack) July 8, 2021 Dorogusker said on Twitter that Square wants to make Bitcoin custody more mainstream and outlined the pathway for the hardware wallet rollout: “We have a lot of questions and issues to reconcile and we’ll start with …
Business / July 9, 2021
Jack Dorsey still thinks Bitcoin is the strongest contender for an internet-native currency
The world of cryptocurrency moves at a whirlwind pace but Twitter CEO Jack Dorsey remains committed to its earliest lodestone, Bitcoin (BTC). In an interview with Reuters on Sept. 10, Dorsey, who also founded the mobile-payment platform Square, said he believes the coin’s potential still outshines later developments: “I think the internet warrants a [...] native currency and [...] Bitcoin is probably the best manifestation of that thus far. I can’t see that changing given all the people who want the same thing and build it for that potential.” Dorsey connected Bitcoin’s founding principles with the cooperative and decentralized ethos …
Decentralization / Sept. 10, 2020
Lawyer to File Crypto Class-Action Seeking Billions From Social Media ‘Cartel’
Andrew Hamilton, a lawyer with a background in computer science, is spearheading a class-action lawsuit accusing the social media and search giants Google, Facebook, Twitter, and YouTube for cartel-like behavior intended to kill off the burgeoning cryptocurrency sector. The suit, which has already amassed more than $600 million in claims, accuses the firms of acting as a cartel in launching a coordinated attack designed to crush competition emerging from the nascent virtual currency sector in 2018 — when the social platforms enacted sweeping bans against the promotion of crypto assets and initial coin offerings. After two-and-a-half years of preparation, Hamilton …
Business / Aug. 12, 2020
Counterfeit NFTs result in marketplace shutdown: Experts weigh in
“Rampant” issues relating to minting counterfeit nonfungible tokens, or NFTs, have forced popular platform Cent to halt some operations. Founded in 2017, Cent kicked off as a “social network and informal platform for creative experimentation.” In 2020, the team also launched an NFT platform called Valuables to mint and auction iconic tweets. Jack Dorsey’s first tweet, “just setting up my twttr,” sold for $2.9 million on the platform in March last year. On February 6th, the platform ceased NFT trading due to “a spectrum of activity” that "shouldn’t be happening." Cameron Hejazi, co-founder of Cent told Cointelegraph: “People in this …
Nft / Feb. 15, 2022