Twitter and Square CEO Jack Dorsey says the Bitcoin whitepaper is one of the most seminal works of the last 20 years.
In a new interview on the Tales from the Crypt podcast, Dorsey talks about his early experiences with cryptocurrency and why he decided to integrate BTC with Square’s Cash App.
On the subject of Bitcoin and blockchain, and how they’ll impact the growth of the internet at large, Dorsey says he believes a “massive acceleration” is on the horizon.
“Imagine being born this year, growing up only knowing that the potential for a global currency exists. That is exciting. So, just what that person does, the person born in this year or even the past few years, growing up only knowing that this potential exists – what that person does with that realization is amazing…
“I think there’s a massive acceleration that is going to happen within the next 10 years, because the generation growing up only knowing these technologies exist – pairing AI with blockchain, and being able to have this amazingly accessible environment to program in.
So that’s what excites me. The acceleration points rather than the specific points on the timeline.”
The National Bank of Kuwait (NBK) says it is now using Ripple’s technology to give its customers the ability to send instant transactions around-the-clock.
In a speech at East Chain Open Hub 2019, NBK’s Head of Group Operations Mohammed AlKharafi talked about the advantages of Ripple’s xCurrent payment software.
“Today, with Ripple, we have a product which is available online only. You can send a wire transfer from Kuwait to NBK Jordan, and it will reach there within seconds – 24 hours a day,