So the reason to not have Bitcoin payments enabled by default was regulatory? I thought it was because Square would like to know first how many merchants would enable the feature on their own, so they...
That’s secondary to it. I won’t bore you with the details but because bitcoin is so regulated (with nuances at the state level in some cases), auto-on even as USD is extremely tricky.
We’re working to unlock this as much as possible but it requires taking a very methodical approach that focuses on specific segments at a time.
We’re working to unlock this as much as possible but it requires taking a very methodical approach that focuses on specific segments at a time.
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