Jack Dorsey’s ultimate bet, ‘we are bitcoin only’

[Pelican Press 0]

This is the hidden content, please

• Sign In
• or
• Sign Up

Jack Dorsey’s ultimate bet, ‘we are bitcoin only’

This is the hidden content, please

• Sign In
• or
• Sign Up

originally appeared on

This is the hidden content, please

• Sign In
• or
• Sign Up

.

Former

This is the hidden content, please

• Sign In
• or
• Sign Up

CEO and Block, Inc. (NYSE:XYZ), formerly Square, founder Jack Dorsey has placed all his bets on

This is the hidden content, please

• Sign In
• or
• Sign Up

.

Dorsey’s Block is the company behind Cash App, formerly Square Cash, which is a digital wallet offering Bitcoin and stock trading, among other financial services, to U.S. customers.

As a user recently hailed Cash App’s Direct Deposit to Bitcoin service for zero-fee conversion, Dorsey

This is the hidden content, please

• Sign In
• or
• Sign Up

, “we are bitcoin only. and improving rapidly.”

This is the hidden content, please

• Sign In
• or
• Sign Up

:

It’s the absolute best way to accumulate bitcoin.

Dorsey is a well-known Bitcoin advocate who believes that the king coin needs to provide real use cases and stop being merely a store of value. He seems to be walking the talk, as the Cash App has integrated Bitcoin into its platform for several years now.

The billionaire tycoon is a big fan of Bitcoin’s permissionless model:

You don’t need anyone’s permission to build what you want to see, and that’s just incredible.

Bitcoin’s total market value will surpass $20 trillion by 2030, which will drive its price up to at least $1 million, Dorsey believes as he is very optimistic of the future of Bitcoin.

As per

This is the hidden content, please

• Sign In
• or
• Sign Up

, Bitcoin was trading at $106,109.28 at the time of writing. Only recently, it hit an all-time high (ATH) of $111,970.17 on May 22.

To reach Dorsey’s target, Bitcoin needs to grow at an average annual rate of approximately 56.9% until 2030. This is an extraordinary target, but the cryptocurrency has grown more than 50% over a year.

This is the hidden content, please

• Sign In
• or
• Sign Up

first appeared on TheStreet on Jun 3, 2025

This story was originally reported by

This is the hidden content, please

• Sign In
• or
• Sign Up

on Jun 3, 2025, where it first appeared.

This is the hidden content, please

• Sign In
• or
• Sign Up

#Jack #Dorseys #ultimate #bet #bitcoin

This is the hidden content, please

• Sign In
• or
• Sign Up

This is the hidden content, please

• Sign In
• or
• Sign Up