Twitter CEO states “Bitcoin will be Worlds Single Currency”

The chief executive of twitter as well as the payment company Square, Jack Dorsey, has a very strong belief in the future potential of Bitcoin.

The Times announced Wednesday, that Dorsey, a profound Bitcoin investor, believes that the cryptocurrency will one day take over the US dollar as the dominant currency in world finance. He also suggests that this shift could very well happen in the next 10 years or less.

"The world ultimately will have a single currency, the internet will have a single currency. I personally believe that it will be bitcoin."

Dorsey has also been reported to participate in funding that raised $2.5 million for Lightning Labs, which is a startup that has notably launched its beta version of the Lightening Network. This protocol has been built above the Bitcoin blockchain in order to speed up transaction processes as well as...read full story here