Ah, behold the noble Jack Dorsey, chairman and co-founder of the esteemed Block, doth proclaim with great fervor his undying allegiance to Bitcoin‘s true calling: payments! 🪙 On the grand stage of social media, he hath bestowed his approval upon a post that doth declare Bitcoin as the electronic cash of the realm, fit for peer-to-peer transactions. A noble gesture, indeed!
Dorsey’s Grand Proclamation: Bitcoin, the Electronic Purse! 👛
While some mortals hath embraced Bitcoin as a treasure hoarded in digital vaults, others, like our dear Dorsey, former sovereign of Twitter and chairman of Block, insist that payments must remain the beating heart of Bitcoin’s purpose. 🏦
On the scrolls of social media, Dorsey hath reinforced his belief in Bitcoin’s role as a medium of exchange, a facet oft forgotten as this cryptocurrency hath ascended into the realm of mainstream finance. 📜
Dorsey, with a nod and a wink, did affirm a post penned by the ingenious BitVM creator Robin Linus, who reminded the masses of Bitcoin’s original vision, as inscribed in its sacred whitepaper. “The cypherpunk dream was clear: electronic cash for private, peer-to-peer payments. The ‘digital asset’ tale came later, spun by others. Odd, is it not, that this doth stir controversy?” quoth the post. 🧙♂️
Dorsey’s decree hath sparked both applause and scorn. Some argue that Bitcoin cannot reign as a payment instrument unless it is first crowned as a store of value. Others lament that, in its current state, Bitcoin lacketh the capacity to handle the world’s payments. A conundrum, indeed! 🤔
This is not the first time Dorsey hath spoken with such zeal about payments being Bitcoin’s raison d’être. In an April discourse, he declared that unless payments become a primary pillar of its adoption, Bitcoin might falter, becoming naught but another forgotten asset. A dire warning, perchance? ⚰️
Dorsey, ever the visionary, hath announced the inclusion of Bitcoin payments in Square, Block’s payment platform, via the Lightning Network since May, thus opening new avenues for Bitcoin’s use. He also doth advocate for the implementation of Bitcoin Improvement Proposal (BIP) 177, renaming sats for Bitcoin, and aiding retail adoption in the process. A grand plan, or mere folly? Only time shall tell! ⏳
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2025-08-29 05:03