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Twitter’s Jack Dorsey Back Bitcoin to be Single Global Currency

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Wed, 21/03/2018 - 7:17
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Twitter’s Jack Dorsey Back Bitcoin to be Single Global Currency
Cover image via U.Today
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Jack Dorsey, who heads up both Twitter and Square, believes that within 10 years Bitcoin will overtake the dollar in terms of importance as it becomes the single global currency of the Internet.

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“The world ultimately will have a single currency; the Internet will have a single currency. I personally believe that it will be Bitcoin,” he told The Times. This would happen “probably over 10 years, but it could go faster.”

Dorsey’s own companies have their allegiances split with Twitter set to ban cryptocurrency ads in the next few weeks, reportedly, whole Square is looking to integrate the digital currency payment.

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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