
Published by
Benzinga
Benzinga
Jack Dorsey, the CEO of Block Inc (NYSE:SQ), lauded Bitcoin (CRYPTO: BTC) during his initial public remarks when the cryptocurrency was trading at a mere $11. What Happened: During a visit to the University of Michigan, Dorsey in 2012 engaged in a candid conversation about emerging technologies, expressing his admiration for Bitcoin. Despite its relatively low value of around $11 per coin at the time, Dorsey referred to Bitcoin as “amazing” and predicted its potential to revolutionize the world of finance and technology. “Bitcoin is an amazing movement. that needs to stabilize, and Square will…