{"id":78235,"date":"2026-09-16T06:09:06","date_gmt":"2026-09-16T06:09:06","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-bull-jack-dorsey-joins-ai-pacing-war-as-block-at-stake\/"},"modified":"2026-09-16T06:09:06","modified_gmt":"2026-09-16T06:09:06","slug":"bitcoin-bull-jack-dorsey-joins-ai-pacing-war-as-block-at-stake","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-bull-jack-dorsey-joins-ai-pacing-war-as-block-at-stake\/","title":{"rendered":"Bitcoin Bull Jack Dorsey Joins AI Pacing War as Block at Stake"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Jack Dorsey is joining the debate over how fast frontier AI should develop, backing open-source approaches to AI.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Block is building open-source AI tools while also expanding bitcoin services across its products.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Dorsey\u2019s AI and bitcoin positions reflect a broader push for open, decentralized technology \u2014 and put Block at the center of that debate.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<p>Claude developer Anthropic\u2019s CEO <a href=\"https:\/\/news.bitcoin.com\/opinion-and-analysis\/big-ais-regulatory-capture-play-may-have-backfired-spectacularly\/\">Dario Amodei recently started a heated debate<\/a> in both the private sector and government. He called on the industry to pace the frontier \u2014 the development of the most advanced, powerful and capable AI models built and trained by top AI labs. Amodei suggested introducing third-party evaluators and government-backed coordination among AI firms. His ideas were immediately backed by Elon Musk and OpenAI\u2019s Sam Altman.<\/p>\n<p>Meanwhile, Dorsey\u2019s initial, one-word public reactions supporting open source led to <a href=\"https:\/\/x.com\/jack\/status\/2099649359017046048\" target=\"_blank\" rel=\"noopener noreferrer\">a more elaborate response<\/a>, published Sept. 14.<\/p>\n<h2>Not for Governments and Top AI Players to Decide<\/h2>\n<p>In short, the Block CEO agrees that scrutiny, independent evaluation and planning for recursive self-improvement matter, but rejects the idea that all this should be in the hands of governments and leading companies.<\/p>\n<p>Dorsey calls for open releases so outsiders can reproduce results, expose failures and build alternatives without first convincing a lab. He also wants more independent researchers and defenders to have models and compute, plus public funding for shared facilities that labs and governments cannot veto.<\/p>\n<p>\u201ci oppose industry-wide limits negotiated by today\u2019s leaders because they could exclude the people who might expose failures or build alternatives. preserving a company\u2019s commercial advantage is not a safety objective.\u201d Dorsey said in an X article, \u201cresearched and edited with the assistance of three models (two open-weight and one closed) and a bunch of humans.\u201d<\/p>\n<p>According to the CEO, neither the U.S. nor Chinese governments should decide \u201chow much intelligence everyone else is allowed to develop,\u201d as this would \u201cleave most of the world waiting for permission.\u201d<\/p>\n<p>\u201cI want people in China to have the same freedom to build and control their technology that I want here in the US. I don\u2019t see a Chinese discovery as an American loss, or researchers as interchangeable with their government,\u201d Dorsey added.<\/p>\n<p>Meanwhile, U.S. President Donald Trump said calls for more control of AI are a \u201cSick conspiracy\u201d and has continued <a href=\"https:\/\/truthsocial.com\/@realDonaldTrump\/posts\/117269745153543631\" target=\"_blank\" rel=\"noopener noreferrer\">emphasizing that the U.S. needs to beat China<\/a> in the AI race. House Speaker Mike Johnson also warned that heavy regulations could \u201csmother innovation\u201d and let China dominate global AI.<\/p>\n<h2>Open Source Advocates and Builders<\/h2>\n<p>The Amodei-prompted AI pacing debate is relevant for Block as well. The company is broadly pro-open-source, supporting technologies like Bitcoin while actively developing its own open-source AI products.<\/p>\n<p>In 2025, Block introduced goose, an open-source AI agent that developers can customize and point at whichever model they want. In July 2026, the company launched the Nostr protocol-powered Buzz, a free, open-source workspace and competitor to Slack, where humans and AI agents can get their own cryptographic identity and collaborate.<\/p>\n<p>What\u2019s more, Dorsey was behind the launch of decentralized social media platform Bluesky (he left the Bluesky board in 2024) and helps develop Bitchat, a messaging app that can run without the internet and has already faced attempts to ban it by the Chinese and Indian governments.<\/p>\n<p>On the Bitcoin side, Block holds BTC on its balance sheet, while bitcoin is supported by Block companies such as Square and Cash App. Block is also manufacturing Proto, bitcoin mining hardware, and Bitkey, a bitcoin hardware wallet.<\/p>\n<p>All this ideologically and conceptually contradicts what Amodei is suggesting: using models already implemented in the banking industry, where regulators sometimes place supervisors alongside employees, and calling for greater oversight. This is the case even if Anthropic\u2019s CEO is not openly debating an open-source ban at all.<\/p>\n<p>In any case, none of the proposed supervision ideas would cover Block, as it builds on top of other companies\u2019 AI models.<\/p>\n<h2>The Downsides of Restrictions<\/h2>\n<p>In Block\u2019s Q2 2026 letter to investors, Dorsey already pointed out that <a href=\"https:\/\/s29.q4cdn.com\/628966176\/files\/doc_financials\/2026\/q2\/Q2-2026-Shareholder-Letter.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">owning an AI model doesn\u2019t matter to the company<\/a>: \u201cTo us the models are interchangeable, and everything that matters, the harness, the data, and the distribution, is ours\u201d and that \u201cbetting on a single lab means inheriting its ceiling.\u201d<\/p>\n<p>However, should Amodei\u2019s suggestions be implemented by all top AI labs in the \u201cdemocratic nations,\u201d Block might have fewer options, while the AI models it uses could arrive more slowly and under greater supervision.<\/p>\n<p>Also, pacing AI development and implementing restrictions the way Amodei suggests might hurt the development of the agentic economy and everyone building payment rails on it, including Block.<\/p>\n<h2>Risks to Agentic Bitcoin Payments<\/h2>\n<p>Block\u2019s initiative, Spiral, is focused on \u201cmaking bitcoin the planet\u2019s preferred currency,\u201d as it advances Lightning Network infrastructure and <a href=\"https:\/\/spiralxyz.substack.com\/p\/the-best-money-for-agents\" target=\"_blank\" rel=\"noopener noreferrer\">advocates for BTC<\/a> as \u201cthe best money for agents.\u201d<\/p>\n<p>Meanwhile, Amodei\u2019s suggestions seem to favor more centralized and permissioned agentic crypto and stablecoin payments, including those facilitated by the x402 protocol, backed by Coinbase and Stripe, among others. Therefore, adoption of agentic BTC payments enabled by the L402 protocol could be hampered in that case.<\/p>\n<p>However, Cash App now supports stablecoins too, suggesting that Block might look beyond bitcoin as well in agentic commerce.<\/p>\n<p>In either case, Block\u2019s Square also has a chance to advocate for agentic BTC payments on a global scale. It is a member of the AAIF Agentic Commerce Working Group and the W3C Web Payments Working Group, while also participating in the Universal Commerce Protocol effort led by Google and Shopify.<\/p>\n<p>Also, interestingly, in 2025, Block, OpenAI, and Anthropic <a href=\"https:\/\/news.bitcoin.com\/jack-dorseys-block-joins-forces-with-openai-and-anthropic\/\">created the Agentic AI Foundation<\/a>, an organization designed to cultivate open-source projects that leverage autonomous systems capable of independent decision-making.<\/p>\n<h2>Slowing Block Down<\/h2>\n<p>Therefore, Amodei\u2019s suggestions could slow Block down while also hurting both its customers and investors.<\/p>\n<p>\u201cInternally, AI is helping us move faster and improve quality. Externally, it is helping us build products that act earlier for customers and sellers,\u201d <a href=\"https:\/\/s29.q4cdn.com\/628966176\/files\/doc_financials\/2026\/q1\/Block_Q1-2026-Shareholder-Letter.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">Dorsey told Block\u2019s investors<\/a> in his Q1 2026 letter.<\/p>\n<p>Block\u2019s shares are up 22% this year and almost 7% over the past year, trimming its losses over the past five years to 69%.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/opinion-and-analysis\/bitcoin-bull-jack-dorsey-joins-ai-pacing-war-as-block-at-stake\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways Jack Dorsey is joining the debate over how fast frontier AI should develop, backing open-source approaches to AI. Block is building open-source AI tools while also expanding bitcoin services across its products. Dorsey\u2019s AI and bitcoin positions reflect a broader push for open, decentralized technology \u2014 [&hellip;]<\/p>\n","protected":false},"author":3947362405,"featured_media":78236,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/78235"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362405"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=78235"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/78235\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/78236"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=78235"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=78235"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=78235"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}