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In a recent interview, Jack Dorsey, the founder of Twitter (now X) and Block (formerly Square), expressed his latest views on Bitcoin. Dorsey expressed optimism about Bitcoin's development, praising the resilience of its network and the vigilance of the community in addressing emerging threats.
As a staunch believer in Bitcoin, Dorsey expects it to promote world peace in the future. He shared his views on Bitcoin's development and application areas, praising individual developers, companies, and users for their vigilance in addressing emerging threats each year and for making the Bitcoin ecosystem healthier.
When asked what achievements he hopes Bitcoin will accomplish in the next 15 years, Dorsey unequivocally stated, "world peace." This grand goal demonstrates his confidence in Bitcoin's ability to promote global social harmony. He emphasized the misconception surrounding Bitcoin mining by highlighting the need for abundant energy in civilized societies to progress.
Dorsey posed a question regarding the importance of having free money like Bitcoin versus having dry clothes, hinting at the balance between free currency and energy utilization. He believes that people need to see more stories about Bitcoin use cases to recognize its value. One notable use case that Block focuses on is remittances, especially in cross-border fund transfers, which Dorsey views as an efficient application area.
Overall, Dorsey's faith in Bitcoin is not only reflected in his optimism about its technical development but also in his expectation that it will promote global peace and improve the financial system in practical applications. He believes that while store of value is just the beginning of Bitcoin's use cases, remittances represent another important area. He concludes by emphasizing that having these two strong use cases will pave the way for Bitcoin to become a currency and enter daily life. |
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