Chief executive of Twitter, Jack Dorsey believes in the future of bitcoin as the world’s dominant currency.
Dorsey told The Times on Wednesday, that he believes bitcoin will take over the U.S. dollar’s dominant place in world finance and become the primary global currency for all payments. Although, it should be noted that Dorsey does have investments in bitcoin.
Dorsey believes that the paradigm shift could happen in 10 years or less, saying:
“The world ultimately will have a single currency, the internet will have a single currency. I personally believe that it will be bitcoin.
If his predictions are correct, expect bitcoin to continue on past trends.