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Jack Dorsey: Bitcoin Could Replace the Dollar in the Future

Jack Dorsey, founder of Twitter and Block, outlined Bitcoin’s future during a private gathering in Tuscany, Italy. He believes Bitcoin could replace the U.S. dollar within 15 years. Dorsey predicts Bitcoin will evolve from a store of value to the dominant, permissionless currency used daily. He emphasized that this change will happen gradually as people begin to recognize its value. Dorsey also highlighted the importance of reducing global economic reliance on the U.S. dollar and Chinese yuan. Previously, he predicted Bitcoin’s price could reach $1 million by the decade’s end.
Source: decrypt.co