{"id":30499,"date":"2024-05-11T00:32:57","date_gmt":"2024-05-11T00:32:57","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/jack-dorsey-sees-bitcoin-hitting-1-million-by-2030\/"},"modified":"2024-05-11T00:32:57","modified_gmt":"2024-05-11T00:32:57","slug":"jack-dorsey-sees-bitcoin-hitting-1-million-by-2030","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/jack-dorsey-sees-bitcoin-hitting-1-million-by-2030\/","title":{"rendered":"Jack Dorsey Sees Bitcoin Hitting $1 Million by 2030"},"content":{"rendered":"

(Originally posted on : Crypto News – iGaming.org )<\/b>
\n<\/p>\n

\n

Jack Dorsey, the former Twitter CEO and a significant advocate for cryptocurrency, predicts that Bitcoin will surpass $1 million by the year 2030. This forecast echoes the sentiments of other industry figures like Cathie Wood, who envisions Bitcoin potentially reaching $1.5 million<\/a> around the same time. Dorsey\u2019s involvement in the cryptocurrency industry has deepened since he stepped down as Twitter\u2019s CEO, leading to his active participation in various crypto projects.<\/p>\n

During an interview with Pirate Wires, Dorsey expressed his optimism about Bitcoin\u2019s future, stating, \u201cI don\u2019t know. Over\u2026 at least a million. I do think it hits that number and goes beyond.\u201d<\/em> He highlighted that the value of Bitcoin isn\u2019t merely in its price but in the burgeoning ecosystem that supports it. He believes that every contribution to Bitcoin<\/a>, whether through development, investment, or use, enhances the entire system, thus driving up its value.<\/p>\n

Post-Twitter, Dorsey has ventured into several initiatives, including the social media startup BlueSky. However, he recently left BlueSky<\/a> due to disagreements over the project\u2019s direction, particularly its deviation from his vision of a decentralized platform. He criticized the addition of moderation tools, which he felt contradicted the goal of user control, noting, \u201cThis is not a protocol that\u2019s truly decentralized. It\u2019s another app that\u2019s just kind of following in Twitter\u2019s footsteps, but for a different part of the population,\u201d<\/em> Dorsey explained in the interview.<\/p>\n

Disappointed with the path BlueSky was taking, Dorsey withdrew from the project and shifted his focus<\/a> to Nostr, a decentralized network protocol aimed at fostering a distributed social networking system. Unlike BlueSky, Nostr operates without a formal corporate structure or external funding, which aligns more closely with Dorsey\u2019s ideals of decentralization.<\/p>\n<\/p><\/div>\n

Source link <\/a>
\n
<\/p>\n","protected":false},"excerpt":{"rendered":"

(Originally posted on : Crypto News – iGaming.org ) Jack Dorsey, the former Twitter CEO and a significant advocate for cryptocurrency, predicts that Bitcoin will surpass $1 million by the year 2030. This forecast echoes the sentiments of other industry figures like Cathie Wood, who envisions Bitcoin potentially reaching $1.5 million around the same time. […]<\/p>\n","protected":false},"author":5,"featured_media":30500,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[34],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/30499"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=30499"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/30499\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/30500"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=30499"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=30499"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=30499"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}