We all know how it goes. 5% doesn’t stay 5% for long.

Hopefully Square pushes some instruction/education notes to the merchants so they can see the light.

Bitcoiners putting their hopes on KYC services is beyond cringe.

Haha, your excitement is totally justified 😄 even 5% of 4 million is huge! This could be massive for Bitcoin ⚡️

Looking forward to it as well. I’m excited to see progress toward broader adoption. Less friction and lower fees for businesses at pos is a huge win. Even if most businesses don’t realize it yet, they will soon.

Steak 'n Shake has reported a 50% savings in payment processing when accepting Bitcoin. Anyone know if Square will be passing similar savings onto their clients who choose to opt in?

That would be huge if it happens

I’m the treasurer for my kids’ school’s booster club. Just received my new stickers with the Bitcoin logos, for the concession stand terminals. Even if I’m the only one who pays in it by the time my kid graduates, I’m pumped for it!

Has anyone generated any material that we can provide to square merchants with instructions or something? We need to make this as easy as possible for them if we are going to request that they change their settings to accept Bitcoin payments.

It’s up to us to get more merchants on board and only support those that do with our business

Definitely very exciting; continued integration and infrastructure development options are all very much needed for ease of long-term adoption

Us bitcoiiners, if they have dry powder.. Buy to SATs to spend SATs, repeat ( especially if you frequent anywhere that uses Square Terminals)

How easy is it for merchants (or more importantly checkout staff) to enable Bitcoin payments?

It'll be a dud initially like always. I don't make the rules 🤷

When Square flips the switch, Bitcoin becomes everyday money overnight. The domino effect will be insane.

unfortunately i'm not optimistic about the (short term) adoption of this. if i see multiple businesses within driving distance turn this feature on i'd be ecstatic.

Hopefully they have a way to search for merchants that opt in

The question is: will their customers want to pay in Bitcoin?

Most are overlooking that most of these merchants have employees. It is more like some 20 million people could be having the what is bitcoin talk.