Jack Dorsey Champions Bitcoin as Currency, Not Cryptocurrency

On October 19, 2025, Twitter co-founder and Block CEO Jack Dorsey reiterated on social media that “Bitcoin is not a cryptocurrency, Bitcoin is money.”

Dorsey’s assertions highlight ongoing efforts to integrate Bitcoin into everyday commerce, focusing on regulatory clarity and real-world merchant adoption.

Block Inc’s S&P 500 Inclusion Highlights Bitcoin’s Real-World Impact

Jack Dorsey’s statement underscores his long-held belief in Bitcoin’s role as money rather than as a speculative asset. This aligns with his initiatives at Block, focusing on Bitcoin payment integration. Block’s recent inclusion in the S&P 500 highlights this strategic alignment and its market significance.

Bitcoin’s transactional focus receives further support via regulatory dialogues. Senator Cynthia Lummis introduced a bill influenced by Dorsey’s advocacy, aiming for tax exemptions on small-scale Bitcoin transactions. This could lower barriers to daily use.

Community reactions are mixed, with some praising Dorsey’s commitment to Bitcoin’s practical use, while critics highlight the challenges in achieving his goals. Dorsey’s critique of Tether’s donation for Bitcoin development stands out, questioning its scale despite Tether’s significant profits.

“We want Bitcoin to be everyday money ASAP.” — Jack Dorsey

Bitcoin Price and Regulatory Challenges Amid Dorsey’s Push

Did you know? Dorsey’s vision for Bitcoin as “everyday money” echoes Bitcoin’s original 2009 white paper, aiming for a decentralized, peer-to-peer payment system, beyond speculative investments.

Bitcoin, symbol BTC, boasts a market cap of $2.15 trillion, with a 58.84% market dominance. Trading at $108,058.71, prices shifted with a 0.98% rise over 24 hours, contrasting a 9.20% decrease over 90 days. Data from CoinMarketCap.

potential regulatory impacts from Dorsey’s push