Renowned entrepreneur and Twitter co-founder Jack Dorsey has re-entered the Bitcoin dialogue, focusing on a straightforward assertion: “Bitcoin is money.” He further distinguishes it by stating, “Bitcoin is not crypto.”
This perspective aligns with Adam Back’s views, who is notably referenced in the Bitcoin white paper and actively supports this notion.
Dorsey has consistently advocated for Bitcoin to function as an everyday currency rather than a speculative asset. He champions tax exemptions for minor transactions, arguing that regulatory hurdles and payment systems have skewed Satoshi’s original vision.
bitcoin is not crypto
— jack (@jack) October 19, 2025
The ecosystem comprising Square, Cash App, and Lightning serves as the foundational infrastructure poised to expand its reach. Feedback from small enterprises indicates that his message resonates well.
As Dorsey declares Bitcoin as true currency, vendors are conducting zero-fee experiments at farmer markets using Square. By 2026, he anticipates eliminating these fees entirely to enable direct peer-to-peer BTC transactions. For merchants burdened by Mastercard and Visa’s fractional margins, transitioning to Bitcoin could be transformative.
Could Jack Dorsey Be Satoshi Nakamoto?
An old theory suggesting that Dorsey might be Satoshi Nakamoto has resurfaced online.
Proponents of this idea cite cryptographic notes published by him in 2003 alongside timing overlaps with early Bitcoin files. They also point out an old Twitter bio featuring “sailor,” mirroring a maritime proverb found in the code. Additionally noted are traces of Satoshi’s IRC activity linked to California where Dorsey resided.
Certain key events related to Bitcoin coinciding with dates significant to Dorsey or his family further fuel this speculation. Despite dismissing such theories himself, he remains steadfast in supporting Bitcoin not merely as an investment but as the quintessential form of money.