Twitter Co-Founder Warns Bitcoin Could Fail Without Everyday Use

Jack Dorsey, a prominent figure in the tech world, recently shared his thoughts on Bitcoin, raising doubts about its long-term relevance if it doesn’t become a widely used payment option.

While many see Bitcoin as “digital gold,” Dorsey believes that without practical everyday use, it risks becoming obsolete.

During a podcast interview, Dorsey emphasized that Bitcoin’s original vision, as described by its creator Satoshi Nakamoto, was to serve as a peer-to-peer digital cash system.

He argued that focusing solely on its value as a long-term investment misses the point. Instead, the priority should be making Bitcoin functional for daily transactions, ensuring speed, privacy, and ease of use.

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Despite Dorsey’s push for practical adoption, big players in the financial sector continue to invest heavily in Bitcoin. Over the last two months, more than 70 new entities holding significant amounts of BTC have joined the network, indicating strong institutional interest.

Products like Bitcoin ETFs also remain popular, suggesting that many still view the asset as an investment rather than a payment solution.

At the same time, the crypto market is experiencing turbulence. Bitcoin’s value recently dipped to around $76,500, marking a notable drop amid increased trading activity. As the market tests critical support levels, debates continue about Bitcoin’s real purpose and future viability.

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.