Jack Dorsey doesn’t give many interviews these days, but when he does speak, the Bitcoin world listens.
At the Oslo Freedom Forum this week, the Block CEO and former Twitter founder delivered a calm, almost quiet prediction that still managed to feel seismic:
“Bitcoin is going to serve billions of people for decades to come. Not millions. Billions.”
It wasn’t hype. Dorsey rarely does hype. It was a statement of fact from someone who has spent the last five years quietly turning Block into one of the most Bitcoin-native public companies on Earth.
He pointed to the numbers most people still ignore: roughly 4.2 billion adults worldwide remain unbanked or underbanked. Add in the hundreds of millions who live under capital controls, hyperinflation, or currency collapse, and the addressable market for a borderless, permissionless money becomes obvious.
“Every phone is already a bank,” Dorsey said. “You just need something worth banking with.”
Block’s own data backs him up. Cash App users in the U.S. already buy an average of $75 of Bitcoin per week with one tap. Spiral, Block’s Bitcoin development arm, funds open-source work that reaches developers in Africa, Latin America, and Southeast Asia. TBD’s Web5 and tbDEX projects are built for the explicit goal of bringing self-custody and peer-to-peer payments to the next billion internet users.
Dorsey also brushed off the usual objections. Energy use? “Mostly stranded and renewable already, and getting cleaner every quarter.” Volatility? “People said the same thing about the internet in 1996. Volatility is the price of admission for a new asset that can’t be inflated away.”
He ended with the line that’s been echoing across crypto Twitter ever since:
“We’re still in the first minutes of the first inning. Bitcoin isn’t here to compete with Visa. It’s here to become the native currency of the internet. And the internet is going to reach everyone.”
Coming from the man who helped put a payment button in every app and a megaphone in every pocket, that’s not a marketing copy.
It’s a roadmap.
