Jack Dorsey is the CEO of Twitter and Square, and has seen a lot of success in various areas over the years. Square has recently added the ability to buy and sell Bitcoin on their Square Cash App, and that is just one of many indications that Mr. Dorsey and his companies have a very positive opinion of cryptocurrencies.
In his latest interview with The Times, however, he took his confidence in Bitcoin to a whole new level. He commented, “The world ultimate will have a single currency, the Internet will have a single currency. I personally believe that it will be Bitcoin.”
He went on to say that the transaction from the current currencies to a world where Bitcoin is the primary currency will happen over the course of the next ten years, probably. He did say that it could happen even faster than that.
To help promote this rapid transition to cryptocurrency, the Square Cash App has even written and published an illustrated children’s story that shows the many benefits of crypto.
While most people are skeptical that Bitcoin, or any cryptocurrency, will become the dominant means of exchange for the world, it certainly would have a lot of benefits. In addition, it is important to remember that the vast majority of people have been underestimating Bitcoin since its foundation. The nice thing about bold predictions like this is that we will be able to watch as it either comes true, or is proven false, within the fairly near future.