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Thursday, March 22, 2018

Crypto News: Bitcoin will be the worlds single currency, says Twitter and Square CEO Dorsey

Bitcoin will be the worlds single currency, says Twitter and Square CEO Dorsey

What is the endgame for bitcoin?

This is the continuing debate among the virtual-currency community. Skeptics label it a scam and a fraud, predicting it will crash and eventually to a value of zero, and at the other end of the spectrum, champions believe it to be the future of money and that blockchain, the distributed-ledger technology underpin cryptocurrencies, will become the single marketplace for recording keeping and transacting.

Speaking to the Times of London, Jack Dorsey, co-founder and CEO of Twitter TWTR, -2.23%  and payments platform Square Inc. SQ, -1.91% put his chips on the table, saying bitcoin BTCUSD, -2.29% will eventually be the worlds single currency.

The world ultimately will have a single currency, the internet will have a single currency. I personally believe that it will be bitcoin’
Jack Dorsey, co-founder of Twitter

Full story HERE

Source: MarketWatch

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