Jack Dorsey emphasizes that Bitcoin must evolve beyond a store of value to remain relevant as a widely used payment method.
Bitcoin remains the top cryptocurrency, holding a $1.6 trillion valuation despite a 1.8% price drop to $83,078.
Dorsey confirms ongoing work to integrate BTC payments into Square and Bitkey, though it’s not as simple as flipping a switch.
Dorsey's company, Block, is dedicated to making Bitcoin accepted in its Square terminals and Bitkey platform, with the aim of developing BTC past basic unit-of-exchange status.