Jack Dorsey loves magic internet money.
This was made explicitly clear on the third and final day of Consensus, an annual blockchain conference in Midtown Manhattan, when the Twitter and Square CEO told a gathered crowd that one day soon the internet is going to have its own unique form of money — and that he’s totally here for it.
“The internet deserves a native currency; it will have a native currency,” he explained while being interviewed on stage by Elizabeth Stark of Lightning Labs. “I don’t know if it will be Bitcoin or not. I hope it will be. I am a huge fan.”
Dorsey is no stranger to Bitcoin in his professional life. The Cash App, made of course by Square, allows users to buy and sell the cryptocurrency. It seems that his interest in it is for more than just professional reasons, however.
Indeed, as he explained his thinking on the matter it became clear that his belief in cryptocurrency is about more than just getting in on the latest fad.
“We believe fundamentally in a global currency, in a native currency for the internet,” he emphasized.
No word yet on whether a Dorseycoin is in the works.