Published on May 17th, 2018 | by bitcoin0
Jack Dorsey Hopes Pitcin’s Web ‘Local Currency’
At least one well-known business executive – Jack Dorsey, the CEO of Square, who previously predicted bitcoin’s future dominance back in March – hopes that’s the case.
Dorsey sat down with Elizabeth Stark of Lightning Labs at CoinDesk’s Consensus 2018 conference in New York City to talk more broadly about his company’s goals for the digital currency.
I don’t know if it will be bitcoin,” said Dorsey said during Wednesday’s fireside chat, adding:
“I hope it will be bitcoin.
Dorsey admits the idea that bitcoin will someday be the basis for all payments made on the Internet remains a topic of debate at Square.
Despite the controversy, Dorsey argues that the vision of open access that bitcoin inspires is fundamental to the role Square has always played in the payments industry.