Jack Dorsey is still bullish on BTC

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Jack Dorsey, CEO of Twitter, continues to put his faith in bitcoin, once gain claiming that it will become the Internet’s native currency. Dorsey has made this statement before, and made it again on a show hosted by Joe Rogan, and American comedian and podcaster.

Dorsey told Rogan: “ Bitcoin was something that was born on the internet, that was developed on the internet, that was tested on the internet…it is of the internet.”

Dorsey is also the co-founder of Square, a mobile payments solution that allows its users to pay in BTC, and according to what he told Rogan during the interview, Square is not planning to add other cryptocurrencies: it is sticking with bitcoin.

Square was named Yahoo Finance’s company of the year in 2018, and in November 2018 the company revealed it generated $43 million in BTC revenue for Q3 2018.

Rogan questioned Dorsey about whether or not he foresees bitcoin suffering any major pushbacks, to which Dorsey replied that he didn’t envisage any and suggested Rogan look “at some of the major banks and their considerations on Bitcoin.”

Dorsey claims that the banks “they all love blockchain, because of the efficiencies it can create for their business and potentially new business lines.” However, he did acknowledge that the technology is “certainly threatening to certain services behind banks and financial institutions, it’s threatening to some governments as well.”

The Twitter co-founder also believes that the internet is in the process of evolving into a system in which any “data that is created will be online permanently.” According to his thinking, “this is what blockchain helps enable, down the line, and we need to make sure that we’re paying attention to that.”

And as regards the future of the internet, he had this to say: “We’re moving to a world in which anything created exists forever, that there’s no centralized control over who sees what, that these models become completely decentralized and all these barriers that we, that exist today, aren’t as important anymore.”

, CEO of Twitter, continues to put his faith in bitcoin, once gain claiming that it will become the Internet’s native currency. Dorsey has made this statement before, and made it again on a show hosted by Joe Rogan, and American comedian and podcaster.

Dorsey told Rogan: “ Bitcoin was something that was born on the internet, that was developed on the internet, that was tested on the internet…it is of the internet.”

Dorsey is also the co-founder of Square, a mobile payments solution that allows its users to pay in BTC, and according to what he told Rogan during the interview, Square is not planning to add other cryptocurrencies: it is sticking with bitcoin.

Square was named Yahoo Finance’s company of the year in 2018, and in November 2018 the company revealed it generated $43 million in BTC revenue for Q3 2018.

Rogan questioned Dorsey about whether or not he foresees bitcoin suffering any major pushbacks, to which Dorsey replied that he didn’t envisage any and suggested Rogan look “at some of the major banks and their considerations on Bitcoin.”

Dorsey claims that the banks “they all love blockchain, because of the efficiencies it can create for their business and potentially new business lines.” However, he did acknowledge that the technology is “certainly threatening to certain services behind banks and financial institutions, it’s threatening to some governments as well.”

The Twitter co-founder also believes that the internet is in the process of evolving into a system in which any “data that is created will be online permanently.” According to his thinking, “this is what blockchain helps enable, down the line, and we need to make sure that we’re paying attention to that.”

And as regards the future of the internet, he had this to say: “We’re moving to a world in which anything created exists forever, that there’s no centralized control over who sees what, that these models become completely decentralized and all these barriers that we, that exist today, aren’t as important anymore.”

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