In the next decade, Bitcoin will be the only currency in the world to expect Micro Blogging site Twitter and mobile transaction provider Square Head Jack Dorsey.
Dorsi said this while speaking about the future of Bitcoin. He is also a private investor in Bitcoin.
In his hope, in a decade, transactions of ordinary things like coffee will be bitten by bitcoin and it will expand worldwide for ten years, but it can be faster, he said. In the year before, another company Dorsi said in November that they will start buying Bitcoin at their Cash App. Apart from this, Dorsi is also the investor of a startup organization named Litigation Lab. Lightning lab is working to make technology faster and easier to use.
Dorsi said, "Bitcoin is slow and expensive, but when there are more people buying it these hurdles are not there."
For the first time when this Cryptocurrency came in the market, it was seen as a substitute for dollars and gold. Bitcoin prices have also recently seen huge variations. At one point, every bitcoin was worth about 20-thousand US dollars. From there, the price decreased in the previous month, every bitcoin, which is below 8,000 dollars.
Considering everything, we can assume that Bitcoin will be established as one of the world's largest transactions within the next one.