Jack Dorsey, billionaire co-founder of Twitter and CEO of Block, said Bitcoin has a 16-year history of just increasing. Dorsey compared Bitcoin to gold and referred to it as an alternative savings account in a video published by Pete Rizzo (pete_rizzo_). He pointed out that Bitcoin has become a hedge against the US dollar by companies. Since its inception in January 2009, Bitcoin has risen to around $100,000 in October 2025. The network’s 16-year performance reflects an average growth of more than 200% per year in terms of annual performance.
JUST IN: Billionaire Jack Dorsey says #Bitcoin has a 16-year track record of “just going up”
“This is math. Companies are using it as a hedge against the dollar” 🔥 pic.twitter.com/Fys0KVIgfJ
— Bitcoin Historian (@pete_rizzo_) October 10, 2025
It’s math – Bitcoin’s rising wave.
Dorsey opined that BTC is not rising due to speculation, but rather due to mathematics. There is a limited number of coins, 21 million to be exact, which makes the cryptocurrency somewhat rare. Analysts believe this trend is due to the mathematical nature of Bitcoin, which increases demand when supply becomes limited.
Dorsey argued that companies view BTC as a savings account that increases in value. In 2025, traditional savings accounts in the U.S. will have an interest rate of about 0.5%, but the inflation rate will be 3, and they will lose their cash value over time. In comparison, Bitcoin offers long-term returns despite short-term volatility. Over the past decade, it has outperformed gold, stocks, and real estate. Fidelity Digital Assets shows that Bitcoin’s risk-adjusted returns from 2020 to 2025 are higher than most traditional assets. According to Dorsey, this makes BTC a smart financial hedge for companies.
Bitcoin and gold digital store of value.
According to Dorsey, Bitcoin is the equivalent of gold and will emerge as a new form of it. Gold’s market capitalization is nearly 13 trillion, and Bitcoin’s market capitalization is over 2.5 trillion. The stock-to-flow ratio is a measure of scarcity, and currently, after the 2024 halving, Bitcoin’s ratio is competing with that of gold.
Bitcoin as a hedge against the dollar.
Dorsey pointed out that Bitcoin protects against the dollar’s loss of purchasing power. Since 2009, the U.S. dollar has depreciated by about 20%, according to data presented by the Bureau of Labor Statistics. Companies like MicroStrategy, Tesla, and Block have stockpiled billions of Bitcoin. MicroStrategy’s holdings alone are worth about 190,000 BTC, or about 19 billion. The BlackRock IBIT ETF, an institutional fund, also holds over 300,000 BTC. Dorsey said this increase in corporate usage shows that corporate leaders are recognizing the use of Bitcoin as financial protection.
market situation
According to CoinGecko, Bitcoin is traded at nearly 100,000, with a daily trading volume of about 50 billion. It boasts a subscriber base of over 500 million people worldwide and a network of over 1,000 companies that accept it. Since the SEC approved Bitcoin ETFs in July 2025, adoption by financial institutions has rapidly increased. The resulting liquidity minimized volatility by more than 100 percent in 2017 to around 40 in 2025.
Volatility and criticism
Critics believe that Bitcoin cannot be used as a savings asset due to its volatility. Price changes of 30-40% within a month are still common. Nevertheless, Dorsey’s long-term thinking is based on macro trends rather than short-term noise. There are also regulatory uncertainties in many markets, such as a 30% tax on crypto profits in India. Nevertheless, institutional trends and data on global adoption suggest further growth for Bitcoin. Historical evidence shows that Bitcoin has reached new highs after each halving and adoption period.
