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The Beef Between Jack and Mark and Driessen
Twitter CEO Jack Dorsey and co-founder Mark Driessen have been feuding over web 3. The term refers to the part of the economy that's token finance, or issuing equity in the form of a token. Twitter is trying to create applications on top of an ethical digital property like Bitcoin. But if you're trading it as a commodity while it's a security, "it's probably illegal," he says.