Jack Dorsey, CEO of Block and former CEO of Twitter (Now X), has cautioned that Bitcoin may risk losing relevance if it remains solely a store of value.
Bitcoin needs to evolve beyond being just a store of value to ensure long-term viability, according to Dorsey.
Dorsey emphasized the importance of Bitcoin becoming a practical payment system used for daily transactions.
He pointed to emerging circular economies in regions outside the Western financial bubble as evidence of Bitcoin's potential.