Jack Dorsey: Bitcoin is the best implementation of online currency
The Internet needs its own currency and bitcoin is its best implementation. This was stated by Twitter CEO Jack Dorsey in a conversation with Reuters.
“The Internet is driven by consensus and is created by everyone. Bitcoin has the same model, it is created on the basis of the Internet, ”he said.
For mass adoption, Bitcoin transactions must be fast and efficient, and the cryptocurrency itself “intuitive,” Dorsey added:
“People need to understand how and for what they can use bitcoin, as well as where it can be purchased. My task is to make cryptocurrency available to people. “
For the first time, Jack Dorsey announced Bitcoin as the “single global currency of the Internet” at a hearing in the US Congress in February 2019.
We will remind, earlier payment company Square offered cryptocurrency companies not to hide their developments from the community and created the Cryptocurrency Open Patent Alliance (COPA).