Knoqnoq Forum: Everything You Want to Discuss, Most Discussed in India
Search
Reply: 3

Founder of Twitter Jack Dorsey hopes Bitcoin will achieve world peace!

[Copy link]

253

Threads

715

Posts

6892

Credits

Forum Veteran

Rank: 8Rank: 8

Credits
6892
Post time 29-2-2024 20:58:06 | Show all posts |Read mode
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.
Reply

Use magic Report

214

Threads

1726

Posts

9249

Credits

Forum Veteran

Rank: 8Rank: 8

Credits
9249
Post time 29-2-2024 21:00:36 | Show all posts
There is a necessity for both to exist.
Reply

Use magic Report

191

Threads

923

Posts

5951

Credits

Forum Veteran

Rank: 8Rank: 8

Credits
5951
Post time 1-3-2024 09:12:02 | Show all posts
The position of cryptocurrencies in the future is irreplaceable.
Reply

Use magic Report

197

Threads

1302

Posts

5361

Credits

Forum Veteran

Rank: 8Rank: 8

Credits
5361
Post time 1-3-2024 09:21:07 | Show all posts
Will Bitcoin be treated equally with mainstream currencies in the future? Let's wait and see over time.
Reply

Use magic Report

You have to log in before you can reply Login | Register

Points Rules

Quick Reply To Top Return to the list