Jack Dorsey Declares Bitcoin as Currency, Not Cryptocurrency

In a significant shift in perspective, Jack Dorsey, CEO of Block and former Square executive, declared that Bitcoin should be recognized as currency rather than cryptocurrency. This bold move aims to facilitate zero-fee Bitcoin payments across Square and Cash App by 2026. 🤯 The rebranding has led to notable market reactions, with over $1 billion in Bitcoin liquidations observed as prices adjusted accordingly. This strategic shift could reshape the narrative around Bitcoin’s role within finance.