Dorsey Questions Tether’s $250K Donation to OpenSats, Sparks Debate on Bitcoin Funding

Tether’s recent donation of $250,000 to Bitcoin developer support group OpenSats has sparked debate regarding funding for open-source Bitcoin development. CEO Paolo Ardoino emphasized Tether’s commitment to a decentralized future while highlighting the donation’s significance amidst growing scrutiny on corporate contributions to public goods in crypto. Jack Dorsey, known for his substantial investments in Bitcoin initiatives through his own fund, expressed contrasting views on the donation’s scale, particularly given Tether’s $13 billion profit last year. This raised questions about appropriate funding levels for open-source projects and led to discussions comparing institutional support with individual contributions. [Link to Coincu article]