Dorsey/Andreessen Clash Puts Crypto at Crossroads

The crypto Twitter debates continued to rage on Wednesday after Marc Andreessen, co-founder and general partner at Andreessen Horowitz, blocked Jack Dorsey. “I’m officially banned from Web3,” Dorsey said in a tweet that showed a screenshot of Andreessen’s block. Andreessen’s public rejection followed Dorsey’s sparring on Monday with Chris Dixon, who co-leads Andreessen Horowitz’s crypto team, after Dorsey said that VCs owned Web3, a decentralized, blockchain-powered version of the internet. 

Today’s conflict is another sign of discord among some of crypto’s biggest supporters and could signal an industry at a significant crossroads. Both Dorsey and Andreessen have helped broaden adoption of digital currencies, but now it seems like they’re on warring teams.