Shocking prediction about Bitcoin (BTC) from the founder of Twitter! Jack Dorsey, co-founder of Twitter and a fervent defender of Bitcoin, claims that this cryptocurrency is destined to revolutionize the world in the coming years.
At an event in Italy last week, Dorsey stated that Bitcoin will soon be more valuable in the West. "It will take some time," he mentioned in his "Technology and Freedom" speech.
"It may not be 10 years, but 15. Little by little, people are recognizing the value and power of this system."
Dorsey even suggested that Bitcoin could replace the US dollar as a global payment method. "It could...complement or replace the all-dominating U.S. dollar," Dorsey said, wearing a Satoshi Nakamoto T-shirt and a gold chain.
He highlighted the importance of becoming independent from the global economy that currently depends on the dollar and the Chinese yuan.
"These currencies are controlled by governments, but with Bitcoin, you have much more control and freedom," he said.