Block CEO Jack Dorsey: Bitcoin needs to return to the essence of payment functionality.

According to the Gate.io News bot and a report by Benzinga, Block CEO Jack Dorsey has shared his views on the direction of Bitcoin. Dorsey pointed out that if Bitcoin is only used as a store of value and lacks daily payment functionality, it cannot achieve its design goals. He emphasized that Bitcoin has deviated from the original positioning of a "peer-to-peer electronic cash system" described in the White Paper. To address this, Dorsey suggested developing fast, private, and secure payment solutions to enhance the accessibility and practicality of Bitcoin.

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