The blockchain industry continues to attract high-tech industry leaders, with many developing solutions to make Web3 products more accessible. Block CEO Jack Dorsey, a Bitcoin enthusiast, recently announced that Block has developed a proprietary Bitcoin mining chip. The company also plans to invest 10% of profits from Bitcoin-related operations into buying Bitcoin each month.
PayPal Founder Peter Thiel, while cautious, remains optimistic about Bitcoin's future. His Founders Fund has made significant investments in Bitcoin and Ethereum, demonstrating a strong belief in the potential of these cryptocurrencies.
Facebook CEO Mark Zuckerberg, despite regulatory setbacks with his own cryptocurrency project, Libra Coin, remains a strong supporter of Bitcoin. Meanwhile, Microsoft's Bill Gates has expressed admiration for Bitcoin's innovative technology, despite his bearish stance on its investment potential.
Alphabet CEO Sundar Pichai has shown interest in blockchain technology, recognizing its potential for broad applications. Elon Musk, owner of X, has long been a supporter of cryptocurrencies, particularly Dogecoin.
These industry giants' involvement and interest in blockchain and cryptocurrencies signal a promising future for the industry.