Jack Dorsey, CEO of Twitter, made promising statements for Bitcoin. Jack Dorsey sees Bitcoin as the internet’s local currency.
Jack Dorsey is hopeful about Bitcoin
Jack Dorsey, CEO of Twitter, who is among the biggest supporters of Bitcoin, makes statements supporting Bitcoin from time to time. The famous name once again made hopeful statements for Bitcoin.
In an interview with Reuters, Jack Dorsey said that the potential of Bitcoin overshadows many of the innovative projects. Dorsey believes that the internet has laid the groundwork for the development of local currencies and emphasizes that Bitcoin is the best example ever. He says he could not find the same power in other assets following a similar strategy to Bitcoin.
Dorsey notes that the fact that Bitcoin can be exchanged by anyone with a consensus, just like the internet, makes it so powerful. According to Dorsey, Bitcoin needs to evolve to become compatible with the digital payment infrastructure. He emphasizes that when the cost and time efficiency is achieved, the way for Bitcoin will be much more open. In addition, Drosey shared his thoughts on Twitter that there is a lot of work to be done, but the foundations are laid.