Jack Dorsey Says Small Businesses Can Now Act as Their Own Banks

HKAN | Jul 16

In a recent public statement, Twitter founder and fintech innovator Jack Dorsey shared his vision of the future for small businesses — and it’s all about financial independence.

According to Dorsey, the rise of digital payment systems, blockchain technology, and decentralized finance (DeFi) tools have created an environment where small businesses no longer have to rely entirely on traditional banks. Instead, they can effectively act as their own banks.

Why Small Businesses Are Embracing Self-Banking

Dorsey pointed out that many small businesses often face hurdles such as high fees, slow settlement times, and rigid loan terms when dealing with legacy banking institutions. Emerging fintech and crypto tools — including Bitcoin payment processing, stablecoins, and decentralized lending — are offering businesses a way to take control of their finances.

“We’re at a point where technology allows small businesses to operate with the autonomy and efficiency of their own bank,” Dorsey said.

Examples of the Shift

✅ Accepting Bitcoin and stablecoins directly from customers

✅ Using DeFi platforms for loans or yield

✅ Managing treasury and payroll with digital wallets

✅ Reducing dependence on intermediaries for cross-border payments

These tools give business owners more flexibility, faster access to funds, and lower costs compared to conventional banking services.

Take Control of Your Finances

If you’re a business owner or just curious about how these innovations work, this website can help you:

✅ Analyze crypto trends

✅ Explore payment options

✅ Simulate market scenarios

✅ Learn from the latest insights

Visit HKAN  and see how you can benefit from the future of finance.