Jack Persey, CEO of Twitter’s founding partner and Block Inc., warned Bitcoin that he may face fail if he does not become a widespread payment method.
His comments challenge Bitcoin’s popular view as “digital gold ..
Dorsey pushes for daily use
Speaking at the Presidio Bitcoin podcast last week, Dorsey emphasized this Bitcoin He needs to work more than just one value warehouse:
“I think there must be a payment to be relevant every day, Hur Haley Berkoe said to Haley Berkoe. “Otherwise, this is something you just bought and forgot and you use it only in emergencies or when you want to buy liquid again.”
Technology entrepreneur did not break words about those who are in danger:
“If he does not switch to payments and does not find his daily use, he becomes more and more irrelevant. And that fails for me,” he said.
https://www.youtube.com/watch?v=0pav_6vjkxi
Back to the original vision
According to Dorsey, the crypto currency is the first purpose of mysterious creator Satoshi Nakamoto. He called for Nakamoto’s original technical examination, which describes Bitcoin community as a system for Bitcoin as a Sistem A System for Digital Cash between Electronic Spouses.
“There are tons of things we need to do to return to technical examination,” he explained, “We haven’t seen it yet ,, he added. Dorsey believes Bitcoin should focus on creating simple payment solutions that offer speed, privacy and security.
BTCUSD trading at $76,861 on the daily chart: TradingView.com
He discussed Bitcoin’s common concerns about price release, claiming that wider adoption would help improve these problems. The message was clear to the developers: Focus on making the best crypto presence useful in daily life instead of storing it only.
Corporate money continues to flow
Although Dorsey is pushed for daily use, large investors continue to pour money into Bitcoin. The latest data shows that 76 new assets with more than 1000 BTC have joined the network only in the last two months – an increase of 4.5%, which shows increasing institutional interest.
Image: Gemini Imagen
Products Bitcoin Etfs They received a strong demand in the early years, showing that many still see the crypto as an investment instead of a payment method.
Market shows stress symptoms
During the reporting, BTC price It fell below 80,000 dollars and traded at $ 76,540 with a decrease of 8%. The daily transaction volume increased by 250% to $ 50 billion and showed high market activity during the decline.
Price test, wider crypto market, Bitcoin test “Important support levels” is experiencing an accident.
The prominent picture from Gemini Imagen, TradingView Graphics
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