An American Internet entrepreneur & Twitter co-founder Jack Dorsey has expressed bullish sentiments about Bitcoin, predicting its price could soar to $1 million or more by 2030.
In an interview with journalist Mike Solana on Pirate Wires, Dorsey highlighted Bitcoin’s potential long-term growth and discussed his departure from the board of BlueSky, a decentralized Twitter alternative he co-launched.
Dorsey emphasized Bitcoin’s collaborative ecosystem, where efforts to improve the network benefit everyone involved, ultimately driving up its value. Dorsey views Bitcoin’s price as just one aspect of its remarkable story, praising its decentralization and censorship-resistant nature.
Regarding BlueSky, Dorsey voiced concerns about its deviation from the initially envisioned open-source protocol, stating it had become more centralized than intended. Dorsey deleted his Bluesky account, favoring platforms like Nostr, which align with his vision of true decentralization.
Additionally, Dorsey revealed Block’s commitment to reinvesting 10% of Bitcoin-related profits into buying more BTC monthly. This news comes amid federal prosecutors’ scrutiny of Block for alleged compliance violations.
Jack Dorsey’s optimistic outlook on Bitcoin’s future and his strategic moves within the crypto space continue to draw attention and influence industry dynamics.
