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Twitter boss to sell first tweet, convert proceeds to bitcoin

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“just setting up my twttr”

This was the first ever tweet 15 years ago - and it’s for sale.

The author - Twitter’s boss Jack Dorsey – has said he will convert proceeds from the auction to bitcoin

and give it to charity.

The tweet went up for sale as digital memorabilia.

It's being listed as a unique signature on a website for selling tweets as non-fungible tokens – or NFT’s

NFTs are files that serve as digital signatures to certify who owns

- photos

- videos

- other online media.

Dorsey is a known bitcoin enthusiast.

Payments company Square Inc, also led by Dorsey, invested $170 million more in bitcoin last month,

adding to the mainstream acceptance of the digital currency that has been winning support from several big investors.

Dorsey’s tweet could attract a high price.

An early bid stood at $2.5 million.

The proceeds are being donated to GiveDirectly,

a fundraising project to give cash directly to families experiencing extreme poverty in Africa.

Video Transcript

- "Just setting up my twttr." This was the first ever tweet 15 years ago and it's for sale. The author, Twitter's boss, Jack Dorsey, has said he'll convert proceeds from the auction to Bitcoin and give it to charity. The tweet went up for sale as digital memorabilia. It's being listed as a unique signature on a website for selling tweets as non-fungible tokens or NFTs.

NFTs are files that serve as digital signatures to certify who owns photos, videos, and other online media. Dorsey is a known Bitcoin enthusiast. Payments company, Square Inc, also led by Dorsey, invested $170 million more in Bitcoin last month, adding to the mainstream acceptance of the digital currency that's been winning support from several big investors.

Dorsey's tweets could attract a high price. An early bid stood at $2.5 million. The proceeds are being donated to GiveDirectly, a fundraising project to give cash directly to families experiencing extreme poverty in Africa.