Twitter and Square CEO Jack Dorsey, who is also a big fan of Bitcoin and cryptocurrencies has expressed his thoughts through a cryptic tweet. He claimed on Monday that cryptocurrencies will eventually unite the world.

Jack Dorsey participates in the conferences on Cryptocurrencies as he strongly believes that bitcoin and digital assets have a big future in this digital world. On Tuesday, Dorsey once again showcased his love for bitcoin, the world’s largest and oldest cryptocurrency as it started to show some signs of recovery after lurking around $31,000 throughout July. He Tweeted that “#Bitcoin will unite a deeply divided country.”

Dorsey didn’t specify which country, but according to perceptions it seems like he was talking about the United States. This isn’t the first time Dorsey has tweeted about Bitcoin. He sees Bitcoin as a vague solution to big problems. During a Bitcoin conference held in July, he said that “my hope is that [Bitcoin] creates world peace.”

Dorsey’s support and love for BItcoin and cryptocurrency come despite the volatility that accompanies digital currencies and other concerns made by other top experts in the industry. And it seems like he will continue to beat the drum of bitcoin to create a foreseeable future of digital currencies. We hope that he will soon let people know about its importance through his tweets.

Bitcoin Jumps to the New Record Surges Past $67,000 for 1st Time

Nov 11, 2021

Bitcoin’s unbreakable new record has risen to new highs with a whopping of $67,000 for the first time on Monday. World’s largest cryptocurrency Bitcoin has climbed as high as possible, surpassing its previous record on October 20. At the same time, the world’s second-highest cryptocurrency also hit a high record with its market value which is above $4,800. Both cryptocurrencies have doubled their worth in the last few months. Bitcoin, the oldest cryptocurrency, set a fresh new record within three weeks after the digital coin, launched on October 20. Ether also increased its value due to the highest burn rate of tokens and a fresh burst of new money which helped dominate the market, contributing $3 trillion to the cryptocurrency market for the first time, according to the data from CoinMarketCap.

Bitcoin has increased up to 6.5% over the past 24 hours. Meanwhile, Ether made a 2.9% raise. Freddie Evans, Sales Trader at UK based digital asset broker GlobalBlock stated, “The price of ether is increasing with help from the continuing burning reducing supply and anticipation for eths move to proof of stake in the new year moving ether to a far less energy-intensive system expected to reduce ethereum’s energy usage by 99%.”

Bitcoin is increasingly recognized by several investors because the store value increased like gold, reported by CoinDesk.