Twitter CEO Jack Dorsey Hopes Bitcoin Leads To World Peace

Bitcoin Conference Draws Cryptocurrency Fans To Miami

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Twitter CEO Jack Dorsey hopes bitcoin will help create world peace. 

Dorsey shared that hope during a panel discussion this week on the podcast The B Word. 

Dorsey also is CEO of the mobile payments app Square, which bought about 50 billion dollars in bitcoin last year. 

In the discussion Wednesday Dorsey said the cost and distraction that comes from the monetary systems now in use "takes away attention from the bigger problems." 

Dorsey has said bitcoin will eventually become the world's single currency.

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