TWITTER CEO JACK DORSEY CLAIMS THAT BITCOIN AND BLOCKCHAIN TECHNOLOGY ARE THE 'NEXT BIG UNLOCK'

Jack Dorsey, CEO of both Square and Twitter, has claimed that Blockchain technology and Bitcoin are the “next big unlock.” He added that the term is usually applied to accounting but has the capability to “be applied to so much more.”

Dorsey claimed that Blockchain’s ability to decentralize financial transactions makes it a game-changer, although he also cautioned against using Blockchain in a one-size-fits-all approach:

“I think there are going to be a bunch of people who say, ‘Blockchain, let’s go apply it everywhere’ and ‘Let’s try to solve every single problem with it. In the same way that we try to solve every problem with machine learning and data science and deep learning and artificial intelligence. And I think we need to be more thoughtful. What are people struggling with? How does the technology help them progress or does it distract them?”

Read more here: https://cointelegraph.com/news/twitter-ceo-jack-dorsey-claims-that-bitcoin-and-blockchain-technology-are-the-next-big-unlock