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Bitcoin At Risk? Jack Dorsey Says It Must Be More Than A Store Of Value

Summary by Cryptocurrency News | Cryptocurrency Prices | Market Cap

Jack Dorsey, co-founder of Twitter and CEO of Block Inc., has warned that Bitcoin could face failure if it doesn’t become a widespread payment …

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dlnews.com

Jack Dorsey says Bitcoin will fail if it’s just ‘a store of value.’ Michael Saylor couldn’t disagree more

Falling blockchain activity worries Dorsey and others. A perennial debate around Bitcoin fires back up. Saylor has a strong argument — Bitcoin is up 11x since 2020.

19 hours ago

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Tron Weekly Journal

Bitcoin Needs Real-World Utility To Survive, Warns Jack Dorsey

Jack Dorsey stated that Bitcoin could become irrelevant if it is used only as a store of value. He emphasized that Bitcoin must function as a daily payment method to fulfill its original purpose. Dorsey believes Bitcoin’s long-term success depends on real-world utility and accessibility. Jack Dorsey, co-founder of Twitter and CEO of Block Inc., has issued a sharp critique of Bitcoin’s current direction. He stated that Bitcoin must expand beyond …

2 days ago

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Bitcoinist

+3 Reposted by 3 other sources

Bitcoin At Risk? Jack Dorsey Says It Must Be More Than A Store Of Value

Jack Dorsey, co-founder of Twitter and CEO of Block Inc., has warned that Bitcoin could face failure if it doesn’t become a widespread payment method. His comments challenge the popular view of Bitcoin as “digital gold.” Dorsey Pushes For Everyday Use Speaking on the Presidio Bitcoin podcast last week, Dorsey stressed that Bitcoin needs to work as more than just a store of value: “I think it has to be payments for it to be relevant on the every…

2 days ago

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Crypto News Land

Jack Dorsey Warns Bitcoin May Fail Without Real-World Payment Use Cases

Jack Dorsey says Bitcoin must be used daily or face failure. Bitcoin community split on store of value vs payment use. Ben Kaufman defends Bitcoin's role in preserving value. Jack Dorsey, CEO of Block and former Twitter head has stated that Bitcoin could face failure without real-world payment use. Speaking on a podcast hosted by Spiral, a subsidiary of Block, Dorsey focused on the need to return Bitcoin to its original use case. He indicated th…

2 days ago

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TheNewsCrypto - Blockchain & Cryptocurreny News Media | Crypto Guide

Bitcoin Fails If Used as a Store of Value? Jack Dorsey Thinks So

Block Inc. CEO Jack Dorsey said Bitcoin would fail if only used as a store of value on the “Presidio Bitcoin” podcast episode. Bitcoin maximalists don’t agree with Jack Dorsey as Bitcoin being a store of value can position it as an alternative to devaluing fiat currencies. Bitcoin is the first successful application of blockchain technology, which made it possible to create the entire crypto ecosystem we see today. Satoshi Nakamoto created Bit…

2 days ago

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The Crypto Basic

Twitter Co-founder Dorsey Says Bitcoin May Fade if Not Used Beyond Store of Value

Jack Dorsey, CEO of Block and founder of Twitter, argues that Bitcoin risks becoming obsolete if its role remains limited to being a digital store of value. Speaking during an appearance at the Presidio Bitcoin event, he emphasized that survival depends on Bitcoin evolving into a widely adopted medium of exchange. According to Dorsey, if Bitcoin continues to serve primarily as a long-term investment tool, it may fail to sustain its relevance i…

2 days ago

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