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Jack Dorsey is best known as the CEO of Twitter. He stepped down from that position in November 2021 and currently sits at the helm of Block (formerly known as Square). As Block's CEO, Dorsey demonstrated that he's not against blockchain technology per se. But he is very particular about his blockchain of choice—Bitcoin. Dorsey is what's called a "Bitcoin Maximalist." As such, he sees little value in Ethereum and other blockchains. Perhaps that's why he is now creating Web5.