Ex-Twitter CEO Jack Dorsey Says Bitcoin Will Replace US Dollar By DailyCoin – Investing.com

Ex-Twitter CEO Jack Dorsey Says Bitcoin Will Replace US Dollar By DailyCoin – Investing.com

During recent congressional hearings in both the House of Representatives and Senate, politicians on both sides of the political aisle expressed concerns that stablecoins and Bitcoin could undermine the dollar as the global reserve currency.

None of the testifying witnesses at either hearing, which included academicians and crypto executives from trading exchanges and stablecoin providers, directly stated that any form of cryptocurrency would replace the dollar.

Dorsey flipped that script on its head with a single tweet.