Jack Dorsey—Co-founded Bitcoin Trust (Btrust) with Jay-Z to develop Bitcoin ecosystem in Africa
In 2021, Jack Dorsey and Jay-Z established the Bitcoin Trust (Btrust) with initial funding of 500 Bitcoin to nurture developer talent and support the free and open-source Bitcoin ecosystem in Africa. Block also led a $2 million seed investment in Gridless, which builds bitcoin mining sites alongside small-scale renewable energy producers in rural Africa. Dorsey has actively championed Africa Bitcoin Conference and attended as a speaker.
Scoring Impact
| Topic | Direction | Relevance | Contribution |
|---|---|---|---|
| Knowledge Access & Information Freedom | +toward | secondary | +0.50 |
| Open Source | +toward | primary | +1.00 |
| Overall incident score = | +0.429 | ||
Score = avg(topic contributions) × significance (medium ×1) × confidence (0.57)
Evidence (1 signal)
Dorsey and Jay-Z established Btrust with 500 Bitcoin for African developer ecosystem
Jack Dorsey and Jay-Z established the Bitcoin Trust (Btrust) in 2021 with initial funding of 500 Bitcoin to nurture developer talent and support the free and open-source Bitcoin ecosystem in Africa. Dorsey also led Block's investment in Gridless, building bitcoin mining alongside renewable energy in rural Africa.