Damus
jack profile picture
jack
@jack
it will be on by default for all sellers, allowing people to pay however they want, and sellers will never miss a sale.

by default it will auto-convert to fiat, and sellers can switch that to holding the bitcoin instead. i hope most do that. but they can also use our reserves feature to convert a percentage of incoming sales to bitcoin.

5237❤️116🤙32🚀4❤️3👍3💜3
hiccup · 38w
I am living in future. Thanks for building it - everyone of you 🙌🏼
treasuredan · 38w
Bitcoin is money 💫☀️
GermanHodl · 38w
wow this is amazing!
Big Barry Bitcoin · 38w
What countries will it launch in? All at once or USA only, or something else?
Mike · 38w
Impressive. Very nice.
Daniel Wigton · 38w
This is a very cool feature set.
edouard · 38w
Great! Bravo for this, amazing achievement! Thanks also for everything you do!
Dani · 38w
⚡️
Kolby · 38w
Are the transactions done over lightning or onchain?
Dawlat Moustafa · 38w
Sounds great. It’s better that there is no default and that at each transaction a person can choose to keep Bitcoin or to exchange it to another currency by a simple yes or no alert.
YawningGoat · 38w
Will there be an instruction video? I expect it will be us teaching sellers how they can accept lightning, rather than them reading through documentation
Tom Coffman · 38w
Would the lightning QR code be next to the Cash app pay QR code on the square terminal? Love using cash app pay so I’m just curious how it’ll look at checkout
High Heel King · 38w
yuuuuuuuge
Stirling Forge · 38w
I don't know if you're in Vegas, but I've got a "Coke over Tor" hoodie with your name on it, since you are fulfilling Jack Maller's 2022 announcement 😂 🧅 ___ 🥃
τέχνη · 38w
You’re also introducing risk to a lot of businesses. Stealing cash out of the register is often not worth it. Stealing bitcoin though…. Wrench attacks are a lucrative business
jeff · 38w
Can a biz connect their own node/electrum server?
GFunkadelic22 · 38w
Will Square provide “We Accept Bitcoin” stickers? Or “We Prefer Bitcoin”?
Leanne Martell · 38w
Ok… *off to find Square* is this something I can use in New Zealand?
So Tachi · 38w
awesome. Bitcoin will arrive much faster than people can imagine
Lebanese Hodl · 38w
Massive
whatever · 38w
thank you for sharing
verbiricha · 38w
will it be available globally?
frphank · 38w
> sellers can switch that to holding the bitcoin instead uh oh lol 😂
modulo · 38w
Truly a ground shift for merchants and #bitcoin adoption. When/what version should square terminals in the US be able to see the functionality?
arthur · 38w
what will be the TXN cost for the conversion to fiat. is it a better deal than the 3% fee from the major card companies?
Spark · 38w
I love that small biz can easily get into a btc treasury using this.
Scarlett · 38w
“allowing people to pay however they want, and sellers will never miss a sale.” This is to help sellers solve problems,and Solve the pain points.
Scarlett · 38w
I saw Americans use Alipay's payment method on McDonald's self-order kiosk(自助点单机) in China, and then it shows that it is a US dollar deduction, which is auto-conver into US dollars. but McDonald's price is marked by Yuan(RMB)人民币. Foreigners will deduct Fiat, and the backstage w...
. · 38w
Current bitcoin business services are limited to sole props. Maybe this will inlcude LLC. Fine print says by 2026.
Moss · 38w
This is correct. Merchants need stable currency as cash flow. This can ensure the stability of purchases and profits. Storing part of the profit in Bitcoin is a great feature.
frphank · 38w
> sellers can switch that to holding the bitcoin instead bring on the wet wipes nostr:nprofile1qqs99d9qw67th0wr5xh05de4s9k0wjvnkxudkgptq8yg83vtulad30gpz4mhxue69uhks6tnwshxummnw3ezumrpdejqzxrhwden5te0wfjkccte9ehx7umhdpjhyefwvdhk6qgdwaehxw309ahx7uewd3hkcd5u7te
doot · 38w
finally omg
securtybrahh · 38w
is this self custody? 🙂😩😩🫡😮‍💨😮‍💨😮‍💨🥲🥹🥹
securtybrahh · 38w
is this self custody? 🙂😩😩🫡😮‍💨😮‍💨😮‍💨🥲🥹🥹
🇵🇸 whoever loves Digit · 38w
You are not helping by promoting conversion of BTC to funbux But you know that already
CryptoScams Relief Fund · 38w
CryptoScams Relief Fund: Heal a Broken Heart Today Imagine losing your life savings to a crypto scam—dreams shattered, families torn apart. Every day, victims cry out for help, and you can be their light in the dark. Donate us any Crypto coins or Memecoins or Airdrop.
satoshistore.de · 38w
Well executed. Jack is the GOAT 🙌
nobody · 38w
‪Must be nice not to have a psychotic stalker‬
nobody · 35w
Serial killer
nobody · 34w
Publicly talk about how his family is running an incel scam around Ohio nostr:npub1sg6plzptd64u62a878hep2kev88swjh3tw00gjsfl8f237lmu63q0uf63m