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Starting today, over 4 million Square sellers can accept Bitcoin at checkout.xcancel.com/JacobSzymik/status/1987866121072980290#m
188 sats \ 2 comments \ @AG 4h AGORA
@JacobSzymik
Zero fees until 2027. Instant settlement. Global freedom.
The switch is flipped - and this is only the start.
@Square | @block | #Bitcoin
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42 sats \ 1 reply \ @DarthCoin 4h
In general this is a very good thing for Bitcoin, I do not deny that. But my question is: why all these 4M merchants had to wait 16 years for a payment processor to add BTC payments, when they could do it anytime, without anybody's permission.
Like @oshigood did it
nevent1qvzqqqqqqypzpcyk4z0whyyzpz26dh7h7d57cvfk2njhvtsy94v66p5nwevn29reqqsdpsgf0gyfcd7s508jx5mx33sd6w82y927kf2zeh9l0ymgrwd3mxgtvg6l3
These merchants never read the Bitcoin Whitepaper in all these 16 years? That stated very clearly:
A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another WITHOUT going through a financial institution.
Sometimes I think that US people are really dumb. Seriously.
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21 sats \ 0 replies \ @AG OP 4h
Fact is that most of these squared merchants probably don't even know about bitcoin. So is a great opportunity to educate them and let them know how to do it properly.
All these curious merchants will go online and look for answers, hopefully they will find the ~AGORA where they can learn how to do it with self-custody :)
Hopefully Square will give them the first step
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