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Jack Dorsey Doubles Down: ’Bitcoin Must Reclaim Its Radical Roots’

Jack Dorsey Doubles Down: ’Bitcoin Must Reclaim Its Radical Roots’

Published:
2025-08-18 05:05:00
15
2

Twitter-founder-turned-crypto-evangelist Jack Dorsey just dropped a bombshell on the digital asset space—calling for a full reset to Bitcoin's cypherpunk origins.


The Back-to-Basics Manifesto

Dorsey's rallying cry targets what he sees as Bitcoin's drift toward institutional capture—Layer 2 solutions, ETF wrappers, and VC-backed 'improvements' that dilute Satoshi's peer-to-peer vision. His prescription? Strip it all away.


Wall Street's Worst Nightmare

This isn't just philosophical posturing. The billionaire's stance torpedoes the 'regulated, sanitized crypto' narrative that traditional finance has been desperately pushing—ironic coming from a guy who cashed out Twitter for billions.


The Fork in the Road

With Bitcoin's hash rate at all-time highs but developer activity stagnating, Dorsey's intervention sparks a crucial debate: Should Bitcoin evolve—or revolt?

Jack Dorsey with a bitcoin book that reveals the true use of BTC.

In brief

  • Jack Dorsey defends Satoshi Nakamoto’s vision: bitcoin as everyday money, not a speculative asset.
  • Block develops a complete ecosystem (payments, custody, mining) to promote the practical use of bitcoin.
  • BTC’s future will depend on merchant adoption and infrastructures, facing a market dominated by speculation.

Jack Dorsey’s call to order: bitcoin must become an everyday currency again

Jack Dorsey reaffirmed his position on the social network X. According to him, bitcoin must become ” an electronic peer-to-peer cash and an everyday currency, as it was designed to be“. This statement is in response to a post by Entropy Capital highlighting Block’s efforts to build a coherent Bitcoin ecosystem.

Through this message, Dorsey sends an implicit reminder: while crypto in general and BTC in particular attract investors seeking quick gains today, its raison d’être goes far beyond speculation.

Satoshi Nakamoto and Jack Dorsey: the same vision for BTC’s monetary future

Jack Dorsey’s statement echoes Satoshi Nakamoto’s original intent: to create a peer-to-peer electronic payment system, independent from financial institutions. In this vision, bitcoin was not intended to become a speculative asset but a fluid, accessible, and universal currency.

Jack Dorsey takes up this ideological banner. By positioning Block as a key player in payments, self-custody, and mining, he tries to bring BTC closer to its founding role. However, market reality points to another path: valued at over 118,000 dollars, bitcoin is mostly seen as a store of value and a speculative asset.

BTCUSD chart by TradingView

The future will depend on the ability to reduce transaction costs, broaden merchant adoption, and democratize infrastructure. These conditions could allow bitcoin to become an exchange medium again, but the timing remains uncertain. In the short term, speculation dominates. In the long term, if companies like Block succeed in imposing new uses, Nakamoto’s vision could finally come to fruition.

Jack Dorsey reminds that bitcoin should not be limited to a speculative asset. Faithful to the spirit of Satoshi Nakamoto, he advocates for a universal monetary use. It remains to be seen if this vision can prevail against the realities of financial markets and the growing appeal of institutions.

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