đš Jack Dorsey just dropped a big warning about $BTC on the Presidio Bitcoin podcast! đ
He says $BTC might lose its spark if we keep treating it like "digital gold" or just something to hold for value. Instead, we need to use it for everyday stuffâlike buying coffee or paying friends. đ€
Dorsey thinks $BTC should go back to its roots, as a peer-to-peer cash system (like what Satoshi Nakamoto dreamed up in 2008). Right now, too many people are just buying and holding it, hoping the price goes up. But Dorsey says thatâs not the point. âIf it doesnât become something we use every day, itâll become irrelevant,â he warned. đŹ
This comes after Bitcoinâs price fell below $80K on âBloody Monday,â even though big players are still jumping inâ76 new groups with over 1,000 BTC joined recently! đ
Dorsey wants developers to make Bitcoin faster, safer, and more private so we can all use it easily for payments. He believes this could even help stabilize its wild price swings in the long run. đĄ
What do you thinkâshould Bitcoin be for daily spending or just holding? Letâs talk! đ