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Jack Dorsey, CEO of Twitter's social network and payment platform Square, said in an interview with the Times of London that in the next ten years there will be a single world currency, and he believes that it will be bitcoin. 

"It's slow and expensive," Dorsey says about bitcoin as a currency. "But as more and more people have it, these problems are gradually going away. There are new technologies that make it more affordable."

Dorsey, a 41-year-old four-time billionaire is highly respected in the technology space. He played an important role in creating the Twitter microblogging platform. Based in the San Francisco social network has established itself over the decade of its existence as an important space, especially for cryptosphere, with more than 300 million users.

"Bitcoin will be the world currency, although the most popular cryptocurrency in the world does not have the ability to become effective right now," Dorsey explains. "The world will eventually come to a single currency, and the Internet to operate a single currency. Personally, I believe it will be bitcoin, and expect it to happen probably within a decade, but maybe faster.”

Square, Inc. payment platform and a popular client for smartphones, serving the citizens of the United States, Australia, Canada, Japan and the United Kingdom announced last month that it will launch a option buying and selling bitcoins in your application.

"We support bitcoin because we see it as a publicly available form of Finance in the long run," Dorsey says.

Dorsey is not a passive bitcoin investor. He participated in the initial round of financing Lightning Labs in the amount of $2.5 million, hoping to help Bitcoin to get rid of the underlying problem in the form Ballogou and exorbitant commissions in times of network congestion.


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