Billionaire hedge fund manager Bill Ackman said Saturday that Block’s decentralized messaging app Bitchat could be a useful communication tool in censored environments like Iran.

Can Bitchat Revolutionize Messaging In Iran?

Ackman reacted to an X post about Bitchat, a peer-to-peer messaging application developed by Jack Dorsey’s Block that can deliver messages over Bluetooth.

“Bitchat may be useful in Iran,” The Pershing Square Capital Management CEO 

Iran imposed a nationwide internet shutdown in the wake of massive anti-regime protests that intensified in the opening weeks of 2026. The ban limited reporting on fatalities, leading to conflicting accounts.

Several X users…

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