JAKARTA – The boss of Twitter and Square, Jack Dorsey, has expressed his opinion on cryptocurrencies. According to him, Bitcoin (BTC) which is booming in various parts of the world today will have a good future.
“Bitcoin really changes everything. I don't think there's anything more important in my life than that (Bitcoin)," Dorsey said.
Dorsey also revealed another possibility that if he did not set up Twitter or Square, it would most likely help develop Bitcoin. He is ready to help the development of BTC if the cryptocurrency requires greater assistance from the two companies.
“If I wasn't on Square or Twitter, I would be working on Bitcoin. If (Bitcoin) needed more help than Square or Twitter, I would leave them for Bitcoin," Dorsey said.
"However, I believe both companies have a role to play," he added.
The Twitter founder predicted the future of Bitcoin. According to him, Bitcoin can have a big role in shaping a new financial system that is inclusive and able to help disadvantaged communities.
In addition, he alluded to paper money that is currently widely used. Dorsey explained that Bitcoin can protect citizens of the world from the problems of fiat money, namely currency devaluation and transfer speeds anywhere.
Based on this belief, Dorsey and Jay-Z donated millions of dollars for the development of Bitcoin in Africa and India.
"I don't think there is anything more possible for people around the world (than Bitcoin)," Dorsey said.
He continued, that Bitcoin will become Bitcoin will be the currency that will be used in the realm of the internet. “The only reason Square got involved with Bitcoin was for that purpose.”
"That's why we don't deal with other 'currencies' or 'coins' because we are very focused on making Bitcoin the native currency for the internet," he explained.
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