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Twitter CEO Says Bitcoin Will Be the World's 'Single Currency' In 10 Years (theverge.com)
In a recent interview with The Times, Twitter and Square CEO Jack Dorsey said he believes that bitcoin will become the world's single currency within 10 years. "The world ultimately will have a single currency, the internet will have a single currency," said Dorsey. "I personally believe that it will be bitcoin." Dorsey went on to say that the transition would happen "probably over ten years, but it could go faster." The Verge reports: That Dorsey is a fan of bitcoin isn't too surprising, though. In addition to serving as the CEO of Twitter, Dorsey is also the CEO of Square, which recently added the option to buy and sell Bitcoin directly from the Square Cash app. The company also released an illustrated children's story touting the benefits of the digital currency. As for Dorsey himself, he's gone on the record in an interview with The Verge's own Lauren Goode about the benefits of bitcoin as a currency, describing it as the "next big unlock" for the world of finance. (Dorsey owns an unspecified amount of the cryptocurrency.)
You need Internet to do bitcoins, right?
So, in 10 years everyone on this planet will have internet access and able to handle bit coins...
What idiot!
Yesterday we saw an article saying the bitcoin blockchain contains kiddie porn inserted by the users.
Today we saw an article saying the senate has taken another step to amend the Communications Decency Act to cut into the broad protections [online services] have from legal liability for content posted by their users.
Maybe Bitcoin won't be around much longer because the miners will all be in jail as pornographers.
Bantam Dominique roosters crow a four-note song. Once you've heard it as "Happy BIRTHday" you can't NOT hear it that way
CEO of bullshit company peddling bullshit Ponzi schemes/pyramid schemes because "HE BEEELIEVEEEZ!!! PRAIZE THE JEBUZ!!! AND THE BUTCOIN!!!"
Does that qualify as a business model? Lots of churches are doing the same...
Mit der Dummheit kämpfen Götter selbst vergebens
Yet Trump can't actually say anything negative about Putin. If which there are many opportunities.
It's almost like they have dirt on him.
Ot almost like Trump has some understanding of international diplomacy that you, being a mouth-breathing idiot, lack?
First rule of diplomacy: do not congratulate the leader of a government (for winning a very questionable election where many opposition leaders were arrested or barred from running) who just tried to murder a former spy on the home soil of one of your biggest allies. It emasculates and humiliates your ally and emboldens the offending state.
The only thing necessary for evil to triumph is for it to be pitted against a slightly greater evil
He's the CEO of Square. Decentralized transactions destroy his business model. However, Bitcoin still requires third-parties like Square. TL;DR, from his POV, the limited number of transactions is a feature, not a bug.
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