Block CEO and Bitcoin Evangelist Jack Dorsey I amend his longstanding view that BTC ought to fulfill the unique imaginative and prescient. It’s because the flagship property can be used as peer-to-peer (P2P) digital money techniques, as envisaged in Nakamoto Atoshi’s white paper.
Jack Dorsey is selling the adoption of peer-to-peer bitcoin
in put up In X, Dorsey emphasised that Bitcoin’s final aim isn’t just speculative buying and selling, however day by day buying and selling. “We would like it to be P2P e-cash and on a regular basis cash, similar to Bitcoin is designed,” Dorsey writes.
He reaffirms that Bitcoin must be used to buy day by day gadgets resembling day by day transactions and occasional, lease funds, and transfers to associates.
Bitcoin desires to turn into P2P e-cash and on a regular basis cash as designed. https://t.co/p9xotljj5d
– Jack (@jack) August 15, 2025
Particularly, Dorsey was responding to a different X-Publish by Entropy Capital about how Block constructed a full-stack Bitcoin ecosystem. Because of the Block system, BTC utilization is sensible for on a regular basis use.
Some techniques embody Sq., which permits retailers to just accept Bitcoin funds by means of retailers and on-line platforms.
Money App is a suitable pockets that enables for quick and cheap transactions. Others embody an impartial {hardware} pockets that securely helps Bitcoin offline storage, and Proto, a BTC mining infrastructure.
The general message from Jack Dorsey is that Bitcoin will someday turn into a part of on a regular basis transactions, and the block is already positioned to make sure that it occurs.
Michael Saylor praises Bitcoin recognition
Bitcoin continues to achieve traction within the broader monetary sector. Treasury Secretary Scott Becent reveals that the US depends on its discoveries A pathway to accumulating extra BTC Simply because the state is attempting to extend its holdings.
In the meantime, one other Bitcoin evangelist, Michael Saylerthe technique co-founder and government chairman expressed his pleasure at Bessent’s recognition of the property.
As of the time of reporting, the worth of Bitcoin was buying and selling It was down 0.48% over the previous 24 hours at $118,473.47. The asset beforehand reached an intraday peak of $119,399.29 earlier than slipping as a consequence of market volatility.
