According to Odaily Planet Daily, Jack Dorsey, co-founder of Twitter (now X) and CEO of Block (formerly Square), said at a recent event in Italy that over time, people will gradually recognize the value and power of BTC, and he believes that BTC is a possible alternative to the US dollar. Dorsey also added: "It will take some time, but people will gradually realize the value of the (Bitcoin) system and why it is so powerful and why it can be a supplement to the US dollar or a substitute for the US dollar."