Twitter CEO Jack Dorsey Still Believes Bitcoin Will Be Internet's Currency

Published on by Cointele | Published on

Co-founder and CEO of Twitter Jack Dorsey declared again that he believes Bitcoin will be the internet's native currency.

Dorsey made his comments during an interview with American comedian and podcast host Joe Rogan published on Feb. 2.

"[Bitcoin] was something that was born on the internet, that was developed on the internet, that was tested on the internetIt is of the internet.

The Twitter CEO had made a similar claim before, noting in mid-May 2018 that he sees Bitcoin as a choice for the internet's native currency.

Dorsey is also the founder and CEO of mobile payments company Square, which permits its users to trade in Bitcoin.

One month earlier, Square had revealed it generated $43 million in Bitcoin revenue for Q3 2018.

During the interview, Rogan also asked Dorsey if he sees any pushback in regards to Bitcoin, to which he answered by suggesting to "Just look at some of the major banks and their considerations on Bitcoin."

Dorsey also forecasted that the internet is transitioning to a system in which any data that is created will be online permanently.

". The comment on Twitter bans could have been a reference to the highly publicized Twitter ban late last year of Alex Jones, the host of far-right website Infowars.

In the fall of 2018, while speaking at a hearing about Twitter transparency at the U.S. House Committee on Energy and Commerce, Dorsey had publicly noted that blockchain could be used to combat misinformation and scams.

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