CEO of Twitter and Square, Jack Dorsey believes that bitcoin will be the only currency on the internet in the near future.
"In the end, the world will have only one currency, the internet will only have one currency.I personally, I believe the currency is bitcoin," said Dorsey. He mentioned, this is "likely to happen within 10 years, but it could have been faster."
In less than 10 years, bitcoin has evolved from something that only attracts a small number of people into globally traded assets.
The price of the virtual currency rose from less than USD1 thousand (Rp13.7 million) to more than USD19 thousand (Rp261.2 million) at its peak in December. Currently, bitcoin valued USD9 thousand (Rp123, 7 million).