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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

Can a biz connect their own node/electrum server?

Will Square provide “We Accept Bitcoin” stickers? Or “We Prefer Bitcoin”?

Orange pilling tens of thousands of merchants has been reduced to a simple flip of a switch. Game fucking on. View quoted note →

thank you for sharing

will it be available globally?

> sellers can switch that to holding the bitcoin instead uh oh lol 😂

I can't recall when I last saw a Square terminal (it may just be less apparent now), but this is how the Bitcoin adoption problem is solved at the merchant level. Just give it to them with no requirements on their end if they want to remain on a fiat standard. Win-win. Removing the bullshit tax and KYC requirements (I don't care to hear how you ignore them - cool) would be game over. There would be practically no hangups left for most people. Just choose your wallet and go.

Truly a ground shift for merchants and #bitcoin adoption. When/what version should square terminals in the US be able to see the functionality?

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?

“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.

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 will automatically change to the customer's Fiat deduction. Although Americans use Alipay payment methods, they pay in US dollars.

Current bitcoin business services are limited to sole props. Maybe this will inlcude LLC. Fine print says by 2026.

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.

> sellers can switch that to holding the bitcoin instead bring on the wet wipes @semisol

finally omg

is this self custody? 🙂😩😩🫡😮‍💨😮‍💨😮‍💨🥲🥹🥹

You are not helping by promoting conversion of BTC to funbux But you know that already

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Well executed. Jack is the GOAT 🙌

‪Must be nice not to have a psychotic stalker‬

Serial killer

Publicly talk about how his family is running an incel scam around Ohio @jack