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Jack Dorsey: Bitcoin will make current financial system irrelevant

Created at 1 Jun · 8:39 PM2 sources2 events
IN SHORT

Jack Dorsey, co-founder of Twitter and CEO of Block, Inc., stated that Bitcoin will make the current financial system feel as irrelevant as the fax machine. The user agrees with this sentiment.

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Who's Involved

Jack Dorsey
Co-founder of Twitter and CEO of Block, Inc., expressing a view on Bitcoin
Jack Dorsey: Bitcoin will make current financial system irrelevant

↳ Why This Matters

Jack Dorsey, a prominent figure in the tech and cryptocurrency space, has reiterated his strong belief in Bitcoin's potential to disrupt traditional finance. His statement likens Bitcoin's future impact to how the fax machine became obsolete with the advent of modern communication technologies.

Key facts

  • Jack Dorsey stated Bitcoin will make the current financial system irrelevant.
  • Dorsey compared Bitcoin's future impact to the fax machine becoming obsolete.
  • The author of the tweet agrees with Dorsey's sentiment.

Jack Dorsey, a prominent figure in the tech and cryptocurrency space, has reiterated his strong belief in Bitcoin's potential to disrupt traditional finance. His statement likens Bitcoin's future impact to how the fax machine became obsolete with the advent of modern communication technologies.

Frequently asked questions

Jack Dorsey is the co-founder of Twitter and the CEO of Block, Inc. (formerly Square), a financial services and digital payments company.

Dorsey is a strong advocate for Bitcoin and believes it has the potential to revolutionize the financial system, making traditional systems irrelevant.

He compared Bitcoin's future impact to how the fax machine became obsolete with the advent of more advanced communication technologies.

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Cadence

How It Developed

1 Jun · 9:24 PM
Jack Dorsey reiterated his view that Bitcoin will render the current financial system irrelevant, comparing its impact to the fax machine's obsolescence.
@TheBitcoinConf via PiQSuite
1 Jun · 8:33 PM
Jack Dorsey stated that Bitcoin will make the current financial system feel as irrelevant as the fax machine.
@TheBitcoinConf via PiQSuite

Sources

T1
JACK DORSEY: "#Bitcoin will make the current financial system feel as irrelevant as the fax machine." HE'S RIGHT! 🙌 https://t.co/74Jk92ojIo@TheBitcoinConf via PiQSuite
T1
RT @TheBitcoinConf: JACK DORSEY: "#Bitcoin will make the current financial system feel as irrelevant as the fax machine." HE'S RIGHT! 🙌 ht…@TheBitcoinConf via PiQSuite

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