So, billionaire savant and certified âI know more about money than youâ guy Jack Dorsey just threw down the gauntlet on Bitcoin (BTC) while sipping some high-end oat milk latte. Dramatic, right? He says BTC could totally flop unless it gets its act together on a little thing called daily transactions. Yâknow, like actually using the stuff.
In a chat on the Presidio Bitcoin YouTube channelâand yes, it’s as riveting as it soundsâDorsey imagines stepping into a dystopian future where Bitcoin has achieved the same status as your grandmaâs outdated smartphone. đž
So how does this tragic tale unfold? Dorsey grimly predicts Bitcoin wilts into a dusty relic because itâs just sitting pretty as a âstore of value,â while the rest of us are using cash to buy avocado toast.
âI think it fails through irrelevance. Itâs like that friend who only shows up when there’s free food at your party. If itâs just a fancy savings account but never makes it to the check-out line, itâs doomed to fade like last seasonâs fashion.â
âIt really needs to be actual payments for people to careâotherwise, itâs just something you shove in a drawer for âemergenciesâ or when you want to be financially liquid again, like when you find your old mixtapes.â
But wait! Thereâs hope! When grilled on how to save Bitcoin from its impending doom, Dorseyâs like, âHey, letâs put some rocket fuel on this bad boy!â More apps, faster paymentsâlike a virtual race between Visa, Mastercard, and Bitcoin, the underdog no one believes in!
âWe need to make it easy, breezy, beautifulâlike CoverGirl but for payments. And the more secure it gets, the better! Nobody wants to feel like theyâre sending their cash into the void. Having a third currency option keeps the major players in line, you know? Like keeping your roomateâs ‘uniqueâ eating habits in check!â
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2025-04-09 03:01