Consensus 2018 is being held this week, and among the speakers is billionaire and CEO of both Twitter and Square, 41-year-old Jack Dorsey. Speaking to the audience at Consensus, Mr. Dorsey painted a very prosperous future for Bitcoin, and told the audience he believes that Bitcoin could become the native currency of the internet.
Jack Dorsey, speaking to a crowd of cryptocurrency enthusiasts, showed he was completely in sync with their view that digital currencies are the way of the future.
“The internet deserves a native currency; it will have a native currency,” Dorsey, the chief executive officer of Twitter Inc. and Square Inc., said Wednesday at Consensus, a blockchain and cryptocurrency conference in New York City. “I don’t know if it’ll be Bitcoin or not,” he said, but “I hope it will be.”
This wasn’t the first time Dorsey had spoken fondly of digital currencies. The executive tweeted in 2016 that he would “love to see a digital currency thrive.” In his role at Square, he has helped promote cryptocurrency. In 2014, the payments company started letting merchants accept Bitcoin. Since then, San Francisco-based Square has said it’s introducing Bitcoin trading for almost all users of its Cash App, which lets users send money to friends and family.