Twitter and Square CEO Jack Dorsey has long been a bitcoin enthusiast. In fact, he's so optimistic about the cryptocurrency, he reckons it could bring about a more peaceful planet. The billionaire suggested bitcoin could help address financial inequalities and allow humanity to concentrate on bigger issues.

“My hope is that it creates world peace or helps create world peace,” Dorsey said. “We have all these monopolies off balance and the individual doesn’t have power and the amount of cost and distraction that comes from our monetary system today is real and it takes away attention from the bigger problems.”

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