Jack Dorsey calls to return to Bitcoin's original vision
As Bitcoin surpasses 118,000 dollars, Jack Dorsey revives an old debate. The former Twitter CEO and founder of Block defends Satoshi Nakamoto’s vision: making bitcoin an everyday currency, far from speculation. Can it really become a universal exchange tool again?
In brief
- Jack Dorsey defends Satoshi Nakamoto’s vision: bitcoin as everyday money, not a speculative asset.
- Block develops a complete ecosystem (payments, custody, mining) to promote the practical use of bitcoin.
- BTC’s future will depend on merchant adoption and infrastructures, facing a market dominated by speculation.
Jack Dorsey’s call to order: bitcoin must become an everyday currency again
Jack Dorsey reaffirmed his position on the social network X. According to him, bitcoin must become ” an electronic peer-to-peer cash and an everyday currency, as it was designed to be“. This statement is in response to a post by Entropy Capital highlighting Block’s efforts to build a coherent Bitcoin ecosystem.
Through this message, Dorsey sends an implicit reminder: while crypto in general and BTC in particular attract investors seeking quick gains today, its raison d’être goes far beyond speculation.
Satoshi Nakamoto and Jack Dorsey: the same vision for BTC’s monetary future
Jack Dorsey’s statement echoes Satoshi Nakamoto’s original intent: to create a peer-to-peer electronic payment system, independent from financial institutions. In this vision, bitcoin was not intended to become a speculative asset but a fluid, accessible, and universal currency.
Jack Dorsey takes up this ideological banner. By positioning Block as a key player in payments, self-custody, and mining, he tries to bring BTC closer to its founding role. However, market reality points to another path: valued at over 118,000 dollars, bitcoin is mostly seen as a store of value and a speculative asset.
The future will depend on the ability to reduce transaction costs, broaden merchant adoption, and democratize infrastructure. These conditions could allow bitcoin to become an exchange medium again, but the timing remains uncertain. In the short term, speculation dominates. In the long term, if companies like Block succeed in imposing new uses, Nakamoto’s vision could finally come to fruition.
Jack Dorsey reminds that bitcoin should not be limited to a speculative asset. Faithful to the spirit of Satoshi Nakamoto, he advocates for a universal monetary use. It remains to be seen if this vision can prevail against the realities of financial markets and the growing appeal of institutions.
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The world is evolving and adaptation is the best weapon to survive in this undulating universe. Originally a crypto community manager, I am interested in anything that is directly or indirectly related to blockchain and its derivatives. To share my experience and promote a field that I am passionate about, nothing is better than writing informative and relaxed articles.
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.