Jack Dorsey Advocates for Bitcoin as a Payment Method to Ensure Its Future Relevance

In a recent discussion on the Presidio Bitcoin podcast, Jack Dorsey, the co-founder of Twitter and CEO of Block Inc., highlighted the critical need for Bitcoin to evolve into a widely accepted payment method to avoid becoming obsolete. Dorsey challenged the prevailing notion of Bitcoin as merely ’digital gold,’ urging for its integration into everyday transactions to maintain its relevance in the rapidly evolving financial landscape. This perspective comes amid growing debates about Bitcoin’s role beyond a store of value, with Dorsey positioning it as essential for practical, daily use. The discussion underscores the ongoing transformation in the cryptocurrency sector as it seeks broader adoption and utility. Meanwhile, in related news, a crypto lawyer has filed a lawsuit against the US Department of Homeland Security, adding another layer of complexity to the regulatory environment surrounding digital currencies.

Jack Dorsey: Bitcoin Must Become a Payment Method to Avoid Failure

Jack Dorsey, co-founder of Twitter and CEO of Block Inc., has warned that Bitcoin could become increasingly irrelevant if it doesn’t transition into a widespread payment method. Speaking on the Presidio Bitcoin podcast, Dorsey stressed that Bitcoin needs to work as more than just a store of value, emphasizing its importance for everyday use. This challenges the popular view of Bitcoin as ’digital gold’.

Crypto Lawyer Sues US DHS to Uncover Satoshi Nakamoto’s Identity

Crypto attorney James Murphy, also known as MetaLawMan, has filed a lawsuit against the U.S. Department of Homeland Security in Washington, D.C., demanding the release of information that could expose the true identity of Satoshi Nakamoto, the unknown figure behind Bitcoin. The case was filed in D.C. District Court with the help of Brian Field, a former Assistant U.S. Attorney who now focuses on Freedom of Information Act cases. The target of the lawsuit is a 2019 public statement made by Rana Saoud, a DHS Special Agent, who claimed during a conference that the U.S. government had already figured out who created Bitcoin. Rana stated that the creator wasn’t one person but four individuals, all of whom were interviewed by DHS agents in California.

Crypto Lawyer Sues DHS Over Satoshi Nakamoto Identity Records

A prominent crypto lawyer, James Murphy (MetaLawMan), has filed a lawsuit against the U.S. Department of Homeland Security (DHS) in an effort to uncover what the agency may know about the true identity of Satoshi Nakamoto, the pseudonymous creator of Bitcoin. The lawsuit, filed in a Washington D.C. District Court on April 7, seeks to reignite debates over Bitcoin’s mysterious origins and its decentralized ethos. The case could pressure the U.S. government to clarify its claims about interviewing Bitcoin’s creator, potentially revealing insights into the cryptocurrency’s creation. Unmasking Satoshi may reshape Bitcoin’s narrative and affect people’s sentiment towards it. No mentions of other cryptocurrencies or exchanges in the news.

Why Did MicroStrategy Pause its Bitcoin Acquisitions Last Week?

Two likely scenarios explain MicroStrategy’s pause in Bitcoin acquisitions: waiting for more favorable market conditions or being forced into caution due to losses. The uncertainty may signal further apprehension among institutional investors. Since Michael Saylor directed MicroStrategy to start acquiring Bitcoin, it has become one of the world’s largest BTC holders. However, according to its most recent Form 8-K, MicroStrategy bought zero BTC last week and didn’t sell any stock either. This isn’t the first interruption in MicroStrategy’s Bitcoin purchases this year; it also paused acquisitions in February.

Binance Research: RWA Tokens Safer than Bitcoin Amid Tariffs

Binance Research, a subsidiary of the world’s largest crypto exchange, has released a report analyzing the impact of US tariffs. The report notes that RWA tokens remain safer than Bitcoin during tariffs. Additionally, the perceived risk associated with Bitcoin has increased due to its new correlation with stock markets. Only 3% of investors polled considered Bitcoin their preferred asset class in the event of a trade war. President Trump’s proposed tariffs, the most stringent since the 1930s, have driven fears of stagflation and a global trade war, impacting the crypto market significantly.