Twitter CEO Jack Dorsey is incorporating cryptocurrencies such as Bitcoin into its payment business Square. Jack Dorsey has previously praised Bitcoin. Today, Square said it plans to "improve funding" through the development of its bitcoin and encryption technology, while Square's cryptocurrency business unit on Twitter said it is about to make its first recruitment. Many Bitcoin and cryptocurrency investors want Square to lead a wave of new bitcoin applications. In March of this year, Jack Dorsey said that Square plans to hire multiple engineers and a designer to work full-time on open source contributions to the bitcoin and encryption ecosystem.