Block CEO Jack Dorsey, Bitcoin $118,396.50He re -expressed his opinion that it should be a currency that can be used in daily life. Dorsey stressed that Bitcoin’s main purpose should not be limited to speculative trading transactions. Bitcoin’s founder Satoshi Nakamoto’s original vision referring to the original vision.
Bitcoin’s purpose is discussed
The point in Jack Dorsey’s statements is that Bitcoin’s view that it is designed to be used for daily transactions. According to Dorsey, Bitcoin is only inadequate to consider values or investment tools. He used the following words in his share:
“We want Bitcoin to be used for electronic money and daily expenditures between spouses, that is, to be daily money as designed.”
Jack Dorsey
It is thought that this stance of Dorsey is important for the general perception of crypto currencies in the market. Many users argue that Bitcoin is mostly adopted as a value -storage tool, while others argue that it is only handled for investment purposes.
Dorsey’s Original Vision Emphasis
Jack Dorsey also drew attention to the targets of Satoshi Nakamoto, the creator of Bitcoin. Nakamoto is claimed to have developed Bitcoin primarily to transfer digital money among individuals. Dorsey said he believes that this original vision should be implemented practically.
Since the first period of Bitcoin, various developments have emerged in technology and usage areas. However, as emphasized in the explanations of Dorsey, it is seen that it is still not more commonly used in daily procedures.
Market Effects and Reactions
After these statements of Jack Dorsey, it was observed that different views came up in the crypto currency community. In which areas of crypto currencies should be widespread, it is discussed in a wide section from investors to developers. According to some experts, technological infrastructure and regulations need to develop more in order to use crypto currencies in daily operations.
On the other hand, some circles argue that Bitcoin is accepted as an important digital asset in its current form, and that it constitutes a serious mass of users with its current functions. For this reason, it is stated that the evaluations made on usage areas in financial innovations continue.
It remains uncertainly whether the proposals of Dorsey’s suggestions on the subject will be observed in the near future. However, explanations led to the questioning of Bitcoin’s position in the crypto world.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
