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BTC Map posting about the huge leap in merchants coming online after Squares move to integrate Bitcoin.
Great to see the plebs heading out to verify too!
42 sats \ 0 replies \ @jasonb 10h
🤯
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That's great news — something we can call bullish even though sats gone to the square merchants wallets convert instantly into USDs.
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21 sats \ 4 replies \ @OT OP 11h
Not necessarily. The merchant can keep whatever percentage of sats you like.
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Well, the numbers look inflated because of the same advantage of vice whatever you wanna call it. Can anyone sell in such large numbers a kiosks PoSes which do not or give option to convert BTC to USD instantly?
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0 sats \ 2 replies \ @OT OP 11h
What do you mean?
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These numbers for Square are higher because they are not selling a Bitcoin only PoS, instead they are giving option so that they can sell more.
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0 sats \ 0 replies \ @OT OP 11h
As I understand the merchant signals that they accept Bitcoin and it goes straight to BTC Map. Someone still needs to go there and verify that the claim is true.
These are merchants that most likely already used Square as their PoS. They just turned on the "accept bitcoin" option.
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0 sats \ 0 replies \ @OT OP 11h
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