Billionaire Jack Dorsey envisions a future where Bitcoin (CRYPTO:BTC) could replace the U.S. dollar as the leading global currency.

He predicts that by 2030, Bitcoin's value could skyrocket to $1 million.

Dorsey highlights the cryptocurrency's decentralised nature, emphasising its potential to democratise financial systems and lessen dependence on traditional banks.

According to Dorsey, Bitcoin's unique attributes make it a strong contender to transform the current financial landscape.

Decentralisation could encourage more inclusivity and reduce economic disparities.

This potential shift could lead to significant changes in how people interact with money and financial services, possibly making traditional banking less relevant.