CEO of Twitter and founder behind the popular money transfer app, Cash App, Jack Dorsey recently spoke about his optimism on Bitcoin and the massive influence it will have on society in the coming future. During a recent interview on the Joe Rogan Experience Podcast, Dorsey explained that he still feels that bitcoin shall reach all the conditions it needs to become the most commonly used cryptocurrency of the internet in the coming future:
“I believe the Internet will have a native currency and I don’t know if it’s Bitcoin. I think it will be [Bitcoin] given all the tests it has been through and the principles behind it, how it was created. It was something that was born on the Internet, was developed on the Internet, was tested on the Internet, [and] it is of the Internet.”
The thought of bitcoin becoming a universally accepted form of currency on the net is not a new concept. Dorsey has discussed the topic of this possibility for quite a long while. Previously conducted interview have to show Dorsey commenting quite enthusiastically about this possibility even during the bearish market in early 2018.
An interview conducted by Bloomberg during the mid-2018’s contains a speech by Dorsey in which he reiterated the idea, an although he seemed a bit unsure, he has never been pessimistic about the importance of bitcoin in the crypto sphere and the society of the coming future:
“The internet deserves a native currency; it will have a native currency,” Dorsey, the chief executive officer of Twitter Inc. and Square Inc., said Wednesday at Consensus, a blockchain and cryptocurrency conference in New York City. “I don’t know if it’ll be Bitcoin or not,” he said, but “I hope it will be.”
Jack Dorsey himself has been involved in developing the growth in which he highly speaks of so much. During the podcast with Joe Rogan, he goes on to explain that his team developed a children’s book explaining in simple concepts behind bitcoin,
“We even made a children’s book explaining what Bitcoin is and where it came from and how people use it and where it might be going.”
Here’s the entire podcast for those interested in watching it.