What is the endgame for bitcoin?
This is the continuing debate among the virtual-currency community. Skeptics label it a scam and a fraud, predicting it will crash and eventually to a value of zero, and at the other end of the spectrum, champions believe it to be the future of money and that blockchain, the distributed-ledger technology underpin cryptocurrencies, will become the single marketplace for recording keeping and transacting.
Speaking to the Times of London, Jack Dorsey, co-founder and CEO of Twitter TWTR, -2.23% and payments platform Square Inc. SQ, -1.91% put his chips on the table, saying bitcoin BTCUSD, -2.29% will eventually be the worlds single currency.
The world ultimately will have a single currency, the internet
will have a single currency. I personally believe that it will be bitcoin’
Jack Dorsey, co-founder of Twitter
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Source: MarketWatch
