On Friday, May 13, Jack Dorsey, former CEO of Twitter, shared his thoughts on the evolution of bitcoin (BTC). He claimed that he does not pay much attention to the price of the cryptocurrency because he knows that its value will increase in the long run, as people take over the digital asset.
Dorsey has a firm belief in bitcoin (BTC)
“I don’t look at the price.” It was with these words that Jack Dorsay, a former Twitter CEO, expressed his opinion about it the evolution of the BTC price. It is a view shared by Tyler Winklevoss and Cameron Winklevoss, the famous Gemini co – founders of digital asset exchanges.
Asked if billionaires should have the same view on bitcoin (BTC), Block CEO replied: “Yes I think so. It’s young and in formation. You buy because you think it frees people, not for the daily trade.”
This response reflects Dorsey’s earlier revelation as to why he invests more in BTC than in Ether (ETH), even though the value of BTC is declining over time. Dó, nothing is lost yet.
Uneachable confidence in the digital asset
In a report by The Daily Hodl published on February 3, we find Dorsey’s views on BTC and ETH. “Bitcoin, especially in the mainstream technology media, has many hits compared to Ethereum in terms of the pace of development. Ethereum is changing very fast relative to each other, but the question is what is the end result of these changes?
Continuing his reasoning about BTC, Dorsey said that developing many more ideas by start – ups. “There are some great ideas to test. It is this character that makes bitcoin, to me, the potential currency of the internet and gives so much confidence, as a business owner, as someone who runs one of these companies, that it will stand the test of time and serve for billions. people for years to come ”.
For Jack Dorsey, former CEO of Twitter, there is no reason to recover the value of bitcoin (BTC) and once again become the undisputed king of cryptocurrencies, even if it is in rather bad times at the moment. Confident that BTC will get back on track, Jack insisted he is not watching the price.
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