According to the entrepreneur, Bitcoin will become its own Internet currency:
“What does the internet ultimately need?” It wants to have his own currency or a global currency that exists on his own territory, and not like now.”
Dorsey also noted that he decided to integrate Bitcoin payments into the Square app, because he wanted to remain at the forefront of cryptocurrency payments. He hopes to help promote this revolution, rather than wait for its occurrence.
Evenrex.com CEO Chen Jin Song agrees with him. In his opinion, the old world began to collapse as soon as the cryptocurrency was invented, and continues to be actively rebuilt under the new principles of being.
“The integration of cryptocurrency in daily life is not yet fully appreciated, perhaps a full understanding of the value that we received will come to us in a couple of years. But now Bitcoin is above statehood, above stereotypes and dogmas. This is the most tolerant currency, which already saves lives in countries that are in a regime of collapsing economy. Have you heard that even without Bitcoin in Venezuela, you can't even buy milk?” The entrepreneur asks his interlocutors.
The official authorities, like traditional money, have outlived themselves and Venezuela is a suitable and very vivid example in order to compare traditional means that are consumed by inflation just with cryptocurrency, which today are much more stable, independent and reliable.
“People have already understood this, many financial organizations have already understood and adopted cryptocurrency. When will those who stand higher understand and accept this? ” Chen Jin Song asked.