According to Odaily, Twitter founder Jack Dorsey recently delivered a speech in Italy, discussing how Bitcoin could become a permissionless free currency. He further suggested that Bitcoin might supplement or even replace the dominant US dollar.
Dorsey's comments highlight the potential of Bitcoin as a global currency, independent of traditional financial systems and governmental control. His views echo the sentiments of many in the cryptocurrency community who see digital currencies as a means to democratize finance and reduce reliance on traditional banking systems.
However, the idea of Bitcoin replacing the US dollar is a contentious one. While some see it as a viable alternative, others argue that the volatility and regulatory challenges associated with cryptocurrencies make them unsuitable as a primary global currency. Despite these debates, Dorsey's comments underscore the ongoing discussions about the role of digital currencies in the future of global finance.