Bitcoin offers a decentralized answer to most of our economic problems and I am a strong believer in the technology and math behind it. There are many high-profile supporters of bitcoin but not many can come close to Jack Dorsey’s conviction in bitcoin.
Jack Dorsey left the head position in Twitter to focus full time on his other company, Square. It is a bitcoin-focused payments company. He believes in this technology so much that he renamed the company Block.
Here are the top 5 Jack Dorsey bitcoin quotes to get you interested in this technology.
In this post you will find
Top 5 Jack Dorsey Bitcoin Quotes
Jack Dorsey said this during the Bitcoin conference in Miami, 2021. This is one of my most favorite and powerful quotes as this is what I had in mind when I completely orange pilled back in 2019.
Bitcoin really does change everything, all you need to do to know this is to understand it.
The full quote goes, “I don’t think there’s anything more important in my lifetime to work on, and I don’t think there’s anything more enabling for people around the world.”
People of today look back on the early days of the internet and lament not investing in Apple, Amazon or even trying to start something of their own.
People of the future will look back today thinking they should have invested in Bitcoin.
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Guess what! Don’t be that guy from the future. Bitcoin or blockchain technology, in general, is our life’s biggest creation. Don’t let it go to waste.
The full quote goes, ‘The world ultimately will have a single currency, the internet will have a single currency. I personally believe that it will be Bitcoin.’
The internet is a world of its own. So far developers have tried to bring real-world objects to the internet. For example, if you bought tickets from the ticket counter, now book them online. You saw movies in the theater, now see them online.
This is one of the reasons why the app icons resemble real-world objects. Like the notes app icon is a notepad. This is a phenomenon that Steve Jobs coined, Skumorphic.
But the internet has far more amazing capabilities. Instead of bringing real-world objects online, the internet can have a world of its own. In that scenario, it cannot be reliant on regular currencies. The internet will need a currency of its own.
Once the internet adopts, it will simmer down to the real world as well.
It will unite in terms of everyone transacting over one common currency. That is what I understand from this quote.
I don’t see how Bitcoin will unite the people in terms of living in unity and harmony. Maybe this is a little too big a concept for my brain to comprehend.
If you agree with Jack, then please do let me know in the comments section.
This is one of the most important quotes advocating for cryptocurrencies. One common negative impression of crypto is that they are harmful to the environment.
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But that is not entirely the case. To make good enough returns on their mining processes, it is imperative that everyone will have to switch to clean energy one way or the other.
Moreover, there are no incentives for miners to not switch to clean energy.