Jack Dorsey, CEO of Block and founder of Twitter, is advocating for Bitcoin to be recognized as a form of money rather than just a speculative cryptocurrency, with the goal of establishing zero-fee payments by 2026.

He advocates for regulatory changes, including tax exemptions on small transactions, to reduce friction and align Bitcoin with its original design envisioned by Satoshi Nakamoto.

Despite ongoing speculation, Dorsey continues to champion Bitcoin as the fundamental concept of money, independent of its investment or speculative uses.

There is ongoing speculation that Dorsey might be Satoshi Nakamoto, but he dismisses these rumors, despite circumstantial evidence and cryptographic notes.

Despite optimism, challenges such as market volatility and evolving regulations remain, requiring startups and investors to adapt strategies in this complex environment.

Legislative proposals, including tax exemptions on small Bitcoin transactions, could lower barriers for mainstream adoption and help integrate Bitcoin into everyday financial activities.

Dorsey emphasizes that Bitcoin should function as a daily currency, supporting this vision through projects like Cash App, Square, and Lightning to build scalable infrastructure for Bitcoin payments.

Dorsey's push aims to embed Bitcoin into daily financial transactions, potentially revolutionizing money use, but success depends on navigating regulatory and market uncertainties.

Market reactions to Dorsey's announcements have caused over $1 billion in liquidations and a temporary dip in Bitcoin prices, sparking debate about its stability and future role.

The vision includes eliminating transaction fees to facilitate small business adoption, transforming Bitcoin from a speculative asset into a daily transactional currency.

Small businesses are testing zero-fee Bitcoin transactions through Square, with projections that merchant fees could disappear entirely by 2026, enabling direct peer-to-peer payments.

Dorsey asserts Bitcoin should be considered 'money,' which could influence regulatory discussions and increase liquidity, positioning it as a fundamental part of the financial system.

He emphasizes Bitcoin as a daily currency, leveraging projects like Cash App, Square, and Lightning to build scalable infrastructure for Bitcoin payments.