Bitcoin Will Be World Currency
Jack Dorsey, founder and CEO of Twitter is saying, Bitcoin will be the only currency in the world in the next ten years.
In an interview, the CEO of Twitter looks very confident that Bitcoin will be out of the bad trend in recent months. Later, he predicts that the digital currency will be implemented everywhere.
The world will have a single currency, the internet will have a single currency. Personally I'm sure it will be Bitcoin. Maybe it will happen within ten years, but it can be faster than that. Source:
The man who also served as CEO of Square, the fintech company from the United States is of the opinion, that over time, Bitcoin will be better, especially about the technology. This refers to the assumption that cryptocurrency does not yet have the capability to be an effective currency.
It will be slow and expensive, but as more people have it later, it will go away by itself. With new technology capable of supporting better blockchain, Bitcoin will be easier to reach.
His support for Bitcoin was not just through words alone. Last week, the man owner of this @jack Twitter account has invested USD 2.5 million for Lightning Labs, a startup focused on a protocol called Lightning Network that works on payments through cryptocurrency, including Bitcoin.
In addition, he also intends to continue to support Bitcoin through the Square which provides payment method services. Last year, Square Cash has added the cryptocurrency in its system, and is already applicable to users of fintech founded by Jack Dorsey and Jim McKelvey in 2009.