Jack Dorsey setzt sich für die Bitcoin -Verwendung als alltägliche Währung ein.
https://www.benzinga.com/crypto/cryptocurrency/25/08/47174788/jack-dorsey-advocates-for-bitcoin-use-as-everyday-currency-as-it-was-designed-to-be
Jack Dorsey setzt sich für die Bitcoin -Verwendung als alltägliche Währung ein.
https://www.benzinga.com/crypto/cryptocurrency/25/08/47174788/jack-dorsey-advocates-for-bitcoin-use-as-everyday-currency-as-it-was-designed-to-be
27 Kommentare
Thats just very true, but we are a long way from that…
If it was designed for every daily transactions it was designed incredibly poorly.
tldr; Block CEO Jack Dorsey reiterated his support for Bitcoin as everyday money, aligning with its original design by Satoshi Nakamoto. He highlighted Block’s Bitcoin ecosystem, including Square for merchant payments, Cash App for transactions, Bitkey for self-custody, and Proto for mining. Dorsey emphasized Bitcoin’s role beyond speculation, aiming for peer-to-peer electronic cash. His stance reflects growing mainstream acceptance of cryptocurrencies, with Block positioned to lead this transition and the U.S. Treasury showing interest in Bitcoin accumulation.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Currencies are not stores of value by design. That’s why every country targets 2% inflation, not 0%.
Bitcoin was designed originally as a digital store of value. The adoption drive led to advocates trying to promote it for everyday use, but it can’t be both a currency and a store of value, so you gotta decide on the narrative.
I understand Jack Dorsey is not an economist, but he needs to be more literate in economics than that….
Nobody hoarding Bitcoin actually wants that.
Why the FUCK are we letting these absolute oddballs run the planet
The Parasitic Mining Overlords Oligopoly would surely love collecting the Fees and the Inflation from you all!
So like monero
So now he’s a big blocker? Newsflash: BCH exists.
I’m with you dude, let’s ditch the digital gold only narrative, tank all the grifters and institutions with it, and do the thing bitcoin was designed to do 😎
If only advocacy could be a substitute for competent engineering.
Why should people listen to this dude?
Fuck this jerk
Why does his opinion matter ? He has a lot of stake in btc.
Technologically speaking, unlikely
Bitcoin refused to scale a while ago and it carved it’s niche as digital gold, the currency narrative is very far fetched as of now
It turns out no one really needed it to be that though. Spending an inflating currency (as long as they exist) will always be better. What people want is a way to store and transfer wealth such that the power class cannot touch it. Turns out, it’s the power class themselves that value this the most.
I think btc has a while to go before it gets there
„I would like a coffe please!“
„Sure, it will cost you 0.000321498754 BTC.“
„How much is that?“
„It’s 5$US.“
„Thanks! I’m so happy we got rid of our currency! It’s so much better now!“
Lightning Network for the win !
He likely created it
And that’s where BCH comes into play
Essentially what will happen (in my opinion) is that nearly all the bitcoin will become locked up into wrapped btc and the transactions will all happen on different networks.
Spend a deflationary asset? Why? So he can buy it at today’s cheap prices?
If only
Too late it’s taxed like property
The pizza you buy with BTC yesterday could have bought you a new car today. That’s why people will never use it as a daily currency.
except a small handful of people, including the current president’s family, have hoarded most of it. btc is useless to me.