{"id":44489,"date":"2025-08-28T06:31:33","date_gmt":"2025-08-28T06:31:33","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=44489"},"modified":"2025-08-28T06:31:33","modified_gmt":"2025-08-28T06:31:33","slug":"bitcoin-a-currency-or-an-asset-jack-dorsey-picks-a-side","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=44489","title":{"rendered":"Bitcoin A Currency Or An Asset? Jack Dorsey Picks A Side"},"content":{"rendered":"<div>\n<p><strong>Jack Dorsey<\/strong>, co-founder and CEO of <strong>Block<\/strong>, reaffirmed on Wednesday his belief in <strong>Bitcoin\u2019s <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) use as a daily transactional currency rather than a store of value.<\/p>\n<h2 class=\"wp-block-heading\">Bitcoin As A Payment Medium<\/h2>\n<p>Dorsey took to X, expressing his agreement with <strong>BitVM<\/strong> creator <strong>Robin Linus<\/strong>\u2018 argument that Bitcoin was envisioned as a private, peer-to-peer electronic cash system. <\/p>\n<p>Citing the <a href=\"https:\/\/www.benzinga.com\/money\/what-is-bitcoin-how-does-it-work#:~:text=Satoshi%20Nakamoto%2C%20the%20anonymous%20founder,other%20financial%20intermediaries%20in%20transactions.\">Bitcoin whitepaper<\/a>, Linus deemed the electronic cash use case the original \u201ccypherpunk vision,\u201d and that the \u201cdigital asset\u201d narrative came in from others.<\/p>\n<p>\u201cBitcoin&#8217;s purpose is payments\u2014store of value is just a neat byproduct,\u201d Linus said.<\/p>\n<p><figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><\/p>\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"qst\" dir=\"ltr\">yes <a href=\"https:\/\/t.co\/9RoMs5b00f\">https:\/\/t.co\/9RoMs5b00f<\/a><\/p>\n<p>\u2014 jack (@jack) <a href=\"https:\/\/twitter.com\/jack\/status\/1960839676643958810?ref_src=twsrc%5Etfw\">August 27, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/div>\n<\/p>\n<\/figure>\n<p><strong>See Also:\u00a0<a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/08\/47358273\/is-bitcoin-a-buy-below-110-000-see-why-mr-wonderful-kevin-oleary-prefers-investing-in-bitc\">Is Bitcoin A Buy Below $110,000? See Why \u201cMr. Wonderful\u201d Kevin O\u2019Leary Prefers Investing In Bitcoin Infrastructure<\/a><\/strong><\/p>\n<h2 class=\"wp-block-heading\">The Counterarguments<\/h2>\n<p>However, not everyone was convinced. An X user, <strong>RVing Orchardist<\/strong>, argued that &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/25\/08\/47376707\/bitcoin-a-currency-or-an-asset-jack-dorsey-picks-a-side\" alt=\"Bitcoin\" a currency or an asset jack dorsey picks side>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Jack Dorsey, co-founder and CEO of Block, reaffirmed on Wednesday his belief in Bitcoin\u2019s (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\u2018 argument that Bitcoin was envisioned as a private, peer-to-peer electronic [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-44489","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/44489","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=44489"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/44489\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=44489"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=44489"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=44489"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}