Twitter CFO: Better ad targeting drove earnings, backs Bitcoin as cross-border currency

zakokor/iStock via Getty Images Twitter (TWTR) CFO Ned Segal said Friday that strong economic growth and better ad targeting drove its recent earnings results. At the same time, he backed the idea that Bitcoin (BTC-USD) could become a go-to currency for cross-border transactions. Speaking to CNBC, Segal explained that the speed of the post-COVID recovery and strong company execution through improved services, like better ad targeting, fueled the company's recent better-than-expected earnings results. The comments followed the release of the firm's quarterly financial statement, which showed the strongest revenue growth for the social media giant in seven years. Segal also supported the use of Bitcoin as a cross-border currency, saying that a decentralized cryptocurrency eliminated much of the "friction" involved with transactions that cross international lines. "We want to hire people all around the world, not just tied to where our offices are. And we also want to help people