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.
jack's avatar jack
it will be on by default for all sellers, allowing people to pay however they want, and sellers will never miss a sale. by default it will auto-convert to fiat, and sellers can switch that to holding the bitcoin instead. i hope most do that. but they can also use our reserves feature to convert a percentage of incoming sales to bitcoin. View quoted note →
View quoted note →