Block Inc. CFO Suggests #Bitcoin as Open Protocol for Internet

During a CNBC interview, Block Inc.'s CFO stated that Bitcoin could serve as the open protocol powering the internet.

BTC

Summary

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Terms & Concepts
  • Bitcoin: Bitcoin is a decentralized digital currency operating on blockchain technology, enabling secure digital transactions without central authority.
  • Open Protocol: An open protocol consists of publicly available standards that allow diverse systems to communicate seamlessly, potentially supporting decentralized networks.