Jack Dorsey, the founder of the social network Twitter, believes that bitcoin, the most capitalised cryptocurrency, has the potential to replace the US dollar as the country’s official currency. During a conversation with rap star Cardi B, the developer expressed this viewpoint.
Many members of the crypto community share this viewpoint. Max Kaiser, a trader and renowned TV presenter, believes that bitcoin will be able to replace the US dollar. At the same time, the American Fed believes that such forecasts are unrealistic.
Jack Dorsey is a prominent member of the cryptocurrency community. He has previously shown his support for BTC on various occasions. For example, in 2018, a developer predicted that bitcoin will be the sole money in the world in ten years.
Twitter’s founder offers more than words of encouragement to the crypto community. Jack Dorsey regularly integrates digital assets into his projects and creates new tools for the crypto sector. For example, in October 2021, it was announced on the network that the developer’s digital payment platform – Block – will enter the market for mining equipment production.
Jack Dorsey will step down as CEO of Twitter in November 2021. His place was taken by the company’s “first exceptional engineer,” Parag Agrawal.