Markets· ★★★· neutral·

Dorsey: Bitcoin fails if it stays just digital gold

  • —Dorsey: "If Bitcoin ends up just being digital gold, it is a failed project"
  • —Block's Square gives over 1 million US merchants access to Bitcoin payments
  • —Block holds about 8,000 BTC in treasury, treating it as a store of value
  • —Dorsey's stance clashes with Michael Saylor's digital-gold thesis
Why it matters: The store-of-value versus payments debate shapes who buys Bitcoin and why, and ultimately where demand comes from.
#BTC
Source: Crypto Briefing
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