Replies (131)

fleur's avatar
fleur 7 months ago
📇⬇️ policy: i hope durov chokes on his bitcoins. see you in the surf. 🏖️🌊🏄🏻‍♀️ image
jack's avatar
jack 7 months ago
opt-in to store in bitcoin, otherwise it defaults to auto-convert of fiat.
Really pleased to hear this! :-) I hope it is enabled by default for all sellers - allowing people to live on a Bitcoin standard that little bit easier. nevent1qqsrgzpu29ng6l5us8cmh8cuqthk2gj35hs4ksxryv7e69fa7dnuf8qpzemhxue69uhhyetvv9ujuurjd9kkzmpwdejhg8lfcsk
Kolby's avatar
Kolby 7 months ago
Id guess there are a lot more square terminals than 16k. At least in my neck of the woods in the US, nearly every local business is using square. Everyone from the vape store, to the donut shops.
There’s 4 million square merchants in the US. I imagine we could have a simple toggle to let merchants opt into automatically being added to the map.
Lethal Lee's avatar
Lethal Lee 7 months ago
Please do. Just show merchants the response from Steak ‘n Shake.
Suggested business decision maker flow: If business decision maker opts into keeping some part of payment in sats, then suggest opt-in to publishing of location on btcmap.org, and sending a “btc accepted here” sticker or two.
And having the option to convert directly to fiat, there’s zero reason for a seller not to want to opt in
hasky's avatar
hasky 7 months ago
what a wonderful world ..
This is promising, pretty much everyone at my local farmers market uses it! Does anyone know if this will be defaulted to ON for merchants, or a manual opt-in type scenario? If the latter, we're gonna have to create an open source leaflet with some information with why local merchants should turn it on. @bitcoin.rocks style. View quoted note →
Diyana's avatar
Diyana 7 months ago
Jack Dorsey is a Bitcoin Angel 😇. Good stuff. Thx and congrats 👏🏻 that must feel electrifying ⚡
Kolby's avatar
Kolby 7 months ago
By day I’m an enterprise systems integrations programmer, I’d be happy to help out in my free time!
Karadenizli's avatar
Karadenizli 7 months ago
BTC map is a badly implemented concept that becomes obsolete the moment btc gains any significant (over 5%) adoption among merchants. Square will kill any use for BTC map when this goes into effect. Adding square merchants to BTC map automatically will kill it even harder and make it entirely pointless. I say this as a square merchant already on BTC map.
Satsrewards's avatar
Satsrewards 7 months ago
There’s 50 million students whose schools don’t have SatsRewards system built in yet.
Mike's avatar
Mike 7 months ago
Hell yeah brother
turn on bitcoin payments from square pos? no. not that i’m aware of. WoS created a POC to do it. but this would allow merchants to be paid in sats - fully intergrated into the pos system. which would be needed for inventory management and the like to properly run a business
Karadenizli's avatar
Karadenizli 6 months ago
Exactly. That being said, what really needs to happen is a nostr based Google maps competitor that links physical businesses to their nostr profile. That's what's gonna stay after there's no use for a bitcoin map anymore. If you look at my profile, I opened a PR for a nip to enable just that. Gonna try to rework it at some point into having its own kind, but a google maps alternative with all the businesses on it, directly linked to the businesses social media account would be killer. Currently most small businesses have a Google account for maps, then an Instagram account for a real social media profile, and usually a doordash + UberEats + grubhub (or amazon + eBay + own website) for online ordering. Its a major PITA to create a menu, then recreate it all on your Google profile, then again for doordash. Likewise, let's say you take a nice pic of a product. You have to upload it to Google and Instagram separately. It would be absolutely amazing to show up on Google maps, then the customer can click on your store, opening up your insta profile. Every client showing the side of your business it wants, but no duplication of the same data type across various apps. That's what can be made with nostr and a universal identity. Its only half a win if every business accepts bitcoin, but their entire digital footprint is scattered across a bunch of terrible companies taking a cut or farming your customers data and inconveniencing everyone to do so.
Hopefully this is how it works! Will be great for adoption. Businesses would slowly ramp up % staying as bitcoin as they see more and more of its benefits
Karadenizli's avatar
Karadenizli 6 months ago
Why would I be destroyed when they agreed with me? I appreciate and use their app for what it is: an affinity marketing platform towards bitcoiners. It doesn't do much else and doesn't try to be anything greater. It wouldn't serve anyone to put 4 million square merchants on it. No one using the app is trying to spend their bitcoin at a company that doesn't know what it is and has it automatically sold off and converted to fiat. They want to find other bitcoiners to patronize. Auto adding 4 million square merchants would just turn the app into a square merchant map with no relation to bitcoin.
Karadenizli's avatar Karadenizli
Exactly. That being said, what really needs to happen is a nostr based Google maps competitor that links physical businesses to their nostr profile. That's what's gonna stay after there's no use for a bitcoin map anymore. If you look at my profile, I opened a PR for a nip to enable just that. Gonna try to rework it at some point into having its own kind, but a google maps alternative with all the businesses on it, directly linked to the businesses social media account would be killer. Currently most small businesses have a Google account for maps, then an Instagram account for a real social media profile, and usually a doordash + UberEats + grubhub (or amazon + eBay + own website) for online ordering. Its a major PITA to create a menu, then recreate it all on your Google profile, then again for doordash. Likewise, let's say you take a nice pic of a product. You have to upload it to Google and Instagram separately. It would be absolutely amazing to show up on Google maps, then the customer can click on your store, opening up your insta profile. Every client showing the side of your business it wants, but no duplication of the same data type across various apps. That's what can be made with nostr and a universal identity. Its only half a win if every business accepts bitcoin, but their entire digital footprint is scattered across a bunch of terrible companies taking a cut or farming your customers data and inconveniencing everyone to do so.
View quoted note →
Shoot them a catchy notification when we hit the next ATH. Maybe highlight to them an estimate how many young people already own Bitcoin in their area.
*BTW I'd be curious what happened with the "Square Merchant Directory" from 2012. It would be great to revive it, make it public, add flags for accepting Bitcoin, Location (physical/online) and let devs to create new discovery methods and channel all the traffic to you and your merchants.
@jack hope you haven’t forgotten Australia? We are a nation in distress.
.'s avatar
. 6 months ago
Yes.
.'s avatar
. 6 months ago
Zeus has full square integration plus receive as ecash with no channel managemnet.
Asako's avatar
Asako 6 months ago
Beard Papa will increase their sales by Bitcoin payment.
Diyana's avatar
Diyana 6 months ago
I'll pillow talk with him.🫂I've heard concerns indeed and that department isn't quite giving the "Bitcoin (ethos) company" vibe. I think Jack might have to step in a bit more and do some clean up and reorganization there. As far as I know he's been given feedback and reflections straight from within. Old paradigm corporate culture with its layers of power structure hierarchoes and egocentricity is a sluggish toughy to reshape.
Lucas M's avatar
Lucas M 6 months ago
Not sure why you think he'll listen. All he's done is mock those who call him out on this and he has given no logical or rational explanation as to why BIP 177 will cause a reduction in confusion and help promote understanding of bitcoin. This false narrative he's trying to push seems like just another corporate manipulation tactic he's using to help promote Bitkey, which is already getting a fairly large amount of negative reception. Also, saying that the implementation of this particular line of thought will make it easier for others to understand bitcoin just shows how little faith he has in human intelligence.
This is silliness. Sellers can just use Bitcoin without using Square. Probably cost them less, and keep the power to transact in their own hands without going through a bank..
Diyana's avatar
Diyana 6 months ago
I thought you were referring to the seedless is safer phrase. Now you are talking about BIP 177... ? Are the two related? I haven't done my homework but just in passing I think I am getting the BIP 177 is the proposal to replace sats with Bitcoin's? Or what is it bits? bitties? I personally don't have a strong attachment to either way. Intuitively though I am feeling having Bitcoin become an ubiquitous phrase used in the lexicon of people in their daily transacting might be better for Bitcoin... 🤷🏻‍♀️ And our daily transacting doesn't involve purchases over $100k+... But it is full of many small purchases that would be priced in satoshis. (Is that the argument anyways). Why are you so passionate about this? What's your take? Every corporation gets to have failed products, perhaps. And it makes sense that they will do their best to make it survive and hopefully thrive. But how are the two related?
Diyana's avatar
Diyana 6 months ago
I am referring to Bitkey in the second part of my comment.
Lucas M's avatar
Lucas M 6 months ago
The two are related. First, seedless being safer is an outright lie. Imagine the security risks of not needing a seed phrase. And BIP177 is an attempt to rebrand satoshis by labeling 1 sat as 1 whole bitcoin. This literally goes against the whitepaper in the first place since their will only ever be 21 million, not 2.1 quadrillion bitcoins. Jack is trying to argue that people aren't smart enough to understand that their are 100 million sats in 1 whole bitcoin. Therefore, regarding this particular aspect, he is not educating the public on anything bitcoin-related, only spreading misinformation. Why I'm passionate... well, that's simple: I don't like the spreading of misinformation for corporate gain. Yep, they do. I was never arguing that. But, making the Bitkey display your sat balance as whole bitcoins will just confuse the public even more, not help them reach a level of better understanding.
Acro's avatar
Acro 6 months ago
This is huge! Proud to be a part of this community
Lucas M's avatar
Lucas M 6 months ago
Also, why would you want Block to hold one of your keys? That doesn't sound safe, imo.
fleur's avatar
fleur 6 months ago
he won't hit the stage hard enough for my taste, i'll tell you that. 🗑️ image
I have been trying to convince some cash-only vendors I pass by everyday to use Square. They are extremely resistant. What am I doing wrong?
Square accepts visa and other fiat payment networks. Certain small businesses are distrustful of high fees and/or don’t like fiat networks for other reasons. A possible better bet if you want to pay with sats is to set them up with a wallet that accepts sats. E.g. @Minibits @Mysterious Hamster @Wallet of Satoshi phoenix etc.
mwlm's avatar
mwlm 6 months ago
Giving sellers the option, without them having to put the work in, is a huge bump...and one step closer.
Default avatar
nobody 5 months ago
Publicly talk about how his family is running an incel scam around Ohio @jack
Default avatar
nobody 5 months ago
People actually listen to your thoughts around Ohio