Twitter CEO: Bitcoin to Become World’s Common Currency
March 22, 2018
CEO of Twitter and Square payment service Jack Dorsey has claimed, he regards Bitcoin as single global currency of the future.
Dorsey believes, introducing Bitcoin will take “probably over ten years, but it could go faster”.
“The world ultimately will have a single currency, the Internet will have a single currency. I personally believe that it will be Bitcoin”, he stated.
Late February Dorsey also noted, Square would focus on developing extra options for Bitcoin via Cash App.
Dorsey has pointed out, he does not consider BTC as capable of becoming efficient currency especially exchange means for this moment:
“It’s slow and it’s costly, but as more and more people have it, those things go away. There are newer technologies that build off of blockchain and make it more approachable”.