I AM SO EXCITED FOR SQUARE BITCOIN DAY ⚡️
4 days till potentially hundreds of thousands of merchants opt in to accepting bitcoin
Am I overexcited?
Am I misreading this?
SQUARE HAS 4 Million merchants in the US alone. What if 5% opt in?! 🤩
Thread
Login to reply
Replies ()
Has anyone generated any material that we can provide to square merchants with instructions or something? We need to make this as easy as possible for them if we are going to request that they change their settings to accept Bitcoin payments.
I saw Square had marketing material, but I'm thinking about writing an article.
I'm thinking about making bsiness cards with a QR code to this article, but I'm open to better ideas.
Square
Square Brings Bitcoin to Main Street with First Integrated Payments and Wallet Solution for Local Businesses
It'll be a dud initially like always. I don't make the rules 🤷
When Square flips the switch, Bitcoin becomes everyday money overnight. The domino effect will be insane.
unfortunately i'm not optimistic about the (short term) adoption of this. if i see multiple businesses within driving distance turn this feature on i'd be ecstatic.
I have spoken with 2x merchants with square terminals in the last week
A butcher and a cafe
Both the owners confirmed they didn’t know much about the Bitcoin feature being rolled out
So huge educational journey ahead
Also, 1 have some feedback I didn’t expect, which was they were concerned about the reporting. Ie they liked being paid in Bitcoin direct to a lightning wallet of theirs, and they were worried if they started using Square Bitcoin payments, they would be “flagged and investigated”. It seemed a very valid concern tbh
Lots to be excited about no doubt though
View quoted note →
Most are overlooking that most of these merchants have employees. It is more like some 20 million people could be having the what is bitcoin talk.