Bitcoin Payments: Coming Soon to a Square Near You! 💰🚀
Well, well, well! Look who’s back in the Bitcoin game! Block, Inc., the financial wizardry led by none other than Jack “I’m Not Just a Twitter Guy” Dorsey, has decided to sprinkle some Bitcoin magic on its Square platform! 🎩✨ They’re planning to let you pay with Bitcoin by the second half of 2025, assuming the regulatory wizards don’t throw a fireball at them! 🔥
This grand announcement was made at the Bitcoin 2025 conference in Las Vegas, where Block strutted its stuff at the BTC Inc. merchandise store. Because nothing says “I love crypto” like a T-shirt, right? 😆
“Spend your Bitcoin at @Square terminals! Merchants can choose to hold the Bitcoin, or auto-convert it to fiat in real-time. Try it at Bitcoin 2025 today. Rolls out to more sellers this year.”
— jack (@jack) May 27, 2025
So, if you’re a merchant using Square, get ready to accept Bitcoin payments faster than you can say “blockchain”! Thanks to the Lightning Network, your transactions will be quicker and cheaper than a fast-food drive-thru! 🍔💨
And guess what? Businesses can either hoard their Bitcoin like a dragon with gold or convert it to cash quicker than you can say “cha-ching!” Jack Dorsey himself pointed out on X that this flexibility is like having your cake and eating it too! 🎂
Block is also jazzing up Square’s existing Bitcoin Conversion feature, which automatically turns your sales into Bitcoin. Paying with Bitcoin is as easy as scanning a QR code—no magic wand required! 🪄
But wait, there’s more! They’re adding privacy and security features to Bitkey, their self-custody Bitcoin wallet. Now you can access your wallet without needing a secret decoder ring! 🔑
Meanwhile, Stake n’ Shake, the fast-food champs, saved a whopping half of their payment processing costs after jumping on the Bitcoin bandwagon! Dan Edwards, the company’s operating chief, said Bitcoin’s speed and affordability are a win-win for everyone—customers, merchants, and even your grandma! 👵💵
This growing love affair between Bitcoin and major companies is a sign that crypto payments are here to stay, folks! Buckle up, it’s going to be a wild ride! 🎢
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2025-05-28 08:09