From CNBC:
- “My hope is that it creates world peace or helps create world peace,” Dorsey said during a “The B Word” webinar on Wednesday.
- Dorsey is a long-time advocate of bitcoin.
- Last week, Dorsey announced that Square is creating a new business focused on “decentralized financial services” using bitcoin.
Square CEO Jack Dorsey has high hopes for digital asset and aspiring currency bitcoin.
“My hope is that it creates world peace or helps create world peace,” Dorsey said during a “The B Word” webinar on Wednesday.
“We have all these monopolies off balance and the individual doesn’t have power and the amount of cost and distraction that comes from our monetary system today is real and it takes away attention from the bigger problems,” Dorsey added. Tesla CEO Elon Musk and ARK Invest founder, CEO and CIO Cathie Wood were also speakers on the panel.
“All these distractions that we have to deal with on a daily basis take away from those bigger goals that effect every single person on this planet and increasingly so. You fix that foundational level and everything above it improves in such a dramatic way. It’s going to be long-term but my hope is definitely peace,” the founder of Twitter added....
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