Dorsey’s Spiral says Bitcoin payments lag stablecoins, urges bold adoption push
AI summary
Jack Dorsey's Spiral, the team behind Bitcoin development, warned that Bitcoin is falling behind stablecoins in the payments race despite progress on the Lightning Network. The group called for ambitious ideas to drive everyday Bitcoin adoption within five years. Traders should watch whether this admission of competitive weakness pressures BTC's narrative as a payments asset versus stablecoin growth.
