Bitcoin A Currency Or An Asset? Jack Dorsey Picks A Side
Posted On August 28, 2025
Jack Dorsey, co-founder and CEO of Block, reaffirmed on Wednesday his belief in Bitcoin’s (CRYPTO: BTC) use as a daily transactional currency rather than a store of value.
Bitcoin As A Payment Medium
Dorsey took to X, expressing his agreement with BitVM creator Robin Linus‘ argument that Bitcoin was envisioned as a private, peer-to-peer electronic cash system.
Citing the Bitcoin whitepaper, Linus deemed the electronic cash use case the original “cypherpunk vision,” and that the “digital asset” narrative came in from others.
“Bitcoin’s purpose is payments—store of value is just a neat byproduct,” Linus said.
The Counterarguments
However, not everyone was convinced. An X user, RVing Orchardist, argued that …
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