According
to The Times, CEO of payment service Square and Twitter, Jack Dorsey, has said
that he sees BTC (Bitcoin) as the internet’s – and world’s – single currency in
the future.
Dorsey
thinks Bitcoin’s top emergence is going to take ‘possibly more than a decade; however,
it might go quicker’.
According
to Jack, ultimately, the world is going to have one currency, the web is going
to have one currency. He personally thinks that it’ll be Bitcoin.
Dorsey,
at the end of Feb. 2018, previously had said that Square is going to focus on creating
more selections for interacting with BTC through the Cash App, referring it to
a ‘transformative technology for this industry.’
He
noted to The NY Times that he doesn’t think that right now bitcoin has the
abilities to be an efficient currency, namely as an exchange medium.
According
to Dorsey, it is costly, and it is slow; however, as an increasing amount of folks
have it, these things fade away. There are some newer technologies which build
off blockchain, as well as make it much more approachable.
Recently,
an LN Lightning Network developer, Lightning Labs, introduced the initial BTC
ready Lightning Network implementation, making instantaneous and free bitcoin
transactions closer to reality. Jack participated in their $2-1/2 million seed
finance round as did creator of LTC (Litecoin) Charlie Lee.
The
world is constantly going through change. The coming of the digital currency
age is here. Cryptocurrency will rule the financial markets all over the globe.
SuperTrump
clearly sees this and he wants to guide all his followers who dream of becoming
wealthy one day on how to get there. This is not an overnight way to riches.
But if you knew Bitcoin would be over $15,000 today and only several years ago
it was under a buck, wow what you could have done if only you knew! A few did.
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