Jack Dorsey Discusses Bitcoin's Future Beyond Value Storage

According to Odaily, Twitter co-founder and current Block CEO Jack Dorsey expressed his views on the "Presidio Bitcoin" podcast, stating that Bitcoin will fail if it only serves as a store of value. Dorsey emphasized that Bitcoin's success is rooted in its use as a payment method. Despite its limited supply, which gives it the potential to be a store of value comparable to gold, this perspective has led many to hold onto their Bitcoin in anticipation of its value increasing. However, Dorsey highlighted that if Bitcoin does not transition into a payment system and find everyday use cases, it will deviate from the original intent outlined in its white paper, ultimately leading to its failure source: https://www.binance.com/en/square/post/22579933870362?utm_source=BinanceNewsRSS