Replies (100)
This is amazing!! So fast. 💨
Love seeing content like this. Perfect example of how layer 2 works!
Yesssss ⚡️
🤌
Epic!!! 🙌 May it spread like wild fire.
I don’t understand. Is that Michael Scott wearing women’s clothing to show off his cleavage???
Bitcoin is money 🔥 but incredible to see
Need to order some compass coffee…
🔥🤙
Fucking cool. A real life visually of ‘gradually, then suddenly’
TKay, can you answer a question for me perhaps? do you know if Square customers will have to specifically go in and enable the ability to pay in bitcoin? and if they do not have to opt-in, how does it work exactly? does the merchant have to tap a button just like cash or credit card and this is enabled by default for all? can i go into an unsuspecting shop and pay with bitcoin and the merchant will essentially have no idea besides noticing a new payment icon?
THIS NEEDS TO BE TAGGED IMMEDIATELY!
Yeah #damus cameo 👏
In my square account it required me to opt in and re kyc the business with my ein number. Because the square account is now accepting ₿ and able to convert payments to ₿ square is custody of that corn so they mostblikely?legally need me to provide info.
Many square operators to the spin the terminal thing like in the video. Now the guy obviously new he was making a bitcoin payment and selected that payment type. There ia just a screen with all the payment types: cash, gift card, debit card, "other" for checks ( or how i accept non kyc bitcoin with zeus integrated into my square merchant api) a cash app option and bitcoin. If they spin, nd are opted in, you could just select ₿ as payment type.
Now mny square terminals have loyalty accounts linked with phone number or email so you may or my not wnt to link your ₿ payment with your loyalty.
We don't spin the terminal normally and aways take peoples cards because I think self checkout is rude especiallybif you haven't used square before.
My staff will be saying "are you saving 21% off today by paying with Bitcoin?" To get the people riled up!
GM🙌👏
GM
Congrats 🙌🏻
Excellent answer, here’s our official page with an FAQ that also answers your questions. You have to scroll a bit to get to the FAQ.
https://squareup.com/us/en/bitcoinLegends!!
This is awesome. If I ever have a brick and mortar I think I’ll go with square for msp
Congratulations from the Bitcoin Beans fam! Where are you guys based? If you would like to add some of the worlds best Cacao to your menu hit us up on the DM and we can talk more! Big love to you all there, top work!! X
Overall very easy setup as per Michael’s feedback.
This was a test location. But Compass is located in the Washington DC.
Compass is DC mainly, location in Virginia and Maryland as well.
Give Compass sometime. This was an internal test.
Love to see it. Congrats!
It’s not live yet. So highly doubt you will find it out and about.
Michael said it’s Opt-in for the merchant, but it’s an easy setup as per Michael.
The merchant as of the test we did, has to tap bitcoin payment.
DM me and we will get you all setup Eva
truly an amazing experience, first person to order a PSL via sats ⚡️
Sickkkk big fan of compass- subscriptions. Get them an npub!
They don't accept Bitcoin on the website I think
Maybe my auto subscription is just usd idk I haven't tried a new purchase
It’s almost as if DC is transforming into a thriving Bitcoin Hub 🔥🚀🧡
View quoted note →This is good to know. I've already started making a list of merchants in my area that use Square. Some of them have already told me they would accept bitcoin if they could. This is much easier than convincing people to use coinos or BTCpayServer.
Dope!
Fucking bullish
I’m thrilled to know my zaps sent you may have contributed to your coffee. ☕️
#coffeechain is winning. 💜⚡️🤙
The thing is square built relationships and they did so with handy, simple hardware. Sure they had much deeper pockets but I think btcpayserver and others need to understand that 'tangibility' matters when it comes to payment processing. POS matters.
Hardware matters. #bitcoin
View quoted note →that’s pretty sick
That’s really cool! Looking forward to being able to pay with Bitcoin in the near future.
great 👍
Gotta make it spicy 🔥
I posted the video I didn’t even see that it was you 🤦♂️
🔥
Nice!
@npub189uczuw0002ugtcu77np76p2fna2dndecc77488685w84cz40p4qxzflej
I hope that square has good channels with Acinq :) I'm going to heat those channels a bit...
i read all of that last week and didn't know if merchants had to specifically opt-in. it sounds like they do and i understand why. i will be completely surprised if merchants do this, unless they themselves are bitcoiners. i hope im wrong.
thank you for your detailed answer. i was hoping to pay with bitcoin a the places in my town that i frequent, but they're not bitcoiners, so i doubt they'll opt-into bitcoin payments unless there's a clear marketing campaign and advantage for them.
i will start asking them as well i guess. fingers crossed.
Now just hire some #BitTaskers to grow and deliver the coffee , then we close the loop
https://bittasker.com/I was there. The coffee and the breakfast sandwich tasted like freedom 🧡
View quoted note →Most obvious benefit is zero transaction fees with bitcoin. They can have 100% fiat conversion.
Just remember that these business owners have staff. The staff don't make the rules. Don't assume the owner is standing there checking you out.
THREE THOUSAND BITCOIN FOR A COFFEE 😵
View quoted note →wow, awesome to see Square being integrated that well 😀 I like coinos they are great
this is huge. big congrats to jack and the whole square team for shipping such a monumental feature in their terminals. now that the infra’s here, the real question is how do we educate small businesses to keep the bitcoin they earn instead of auto-converting to fiat? imagine millions of businesses deciding to hold their sats. that’s when things get really interesting.
View quoted note →This is perf. 👌🏻
It’s how every micro transaction is done in China with Renminbi (RMB) and this is the globally recognized direction of future consumer payments, regardless of which currency we use.
View quoted note →Why all the cleavage?
The one's that I plan on asking are the business owners though 😁
Love to see it!! Congratulations!!
So awesome! Is this an international feature yet
@jack @Cash AppWe also made history by having Nostr's first official googly eyes day.
Anyone aware of any vendors in NYC that have toggled this on yet? Would live to visit them tomorrow
View quoted note →Wow, in a few years from now, paying that ammount of sats for a cup of coffee is a robbery!
Amazing
Congratulations! I checked my mobile app and could not find a ₿ implementation on Square. I can take #bitcoin because I have CashApp, Strike, #nostr, but it would be awesome to accept it in the Square POS app. Did you download a Square POS update somewhere?
View quoted note →3k bitcoins... Maybe next time... 🤦
The world is changing before our eyes
The future is already here… Most just haven’t realised
View quoted note →Love to see this. More content around real world adoption cases pls
Sounds like this is using lightning, not Bitcoin
Its the way to go!
⚠️ God has said in the Quran:
🔵 { O mankind, worship your Lord, who created you and those before you, that you may become righteous - ( 2:21 )
🔴 [He] who made for you the earth a bed [spread out] and the sky a ceiling and sent down from the sky, rain and brought forth thereby fruits as provision for you. So do not attribute to Allah equals while you know [that there is nothing similar to Him]. ( 2:22 )
🔵 And if you are in doubt about what We have sent down upon Our Servant [Muhammad], then produce a surah the like thereof and call upon your witnesses other than Allah, if you should be truthful. ( 2:23 )
🔴 But if you do not - and you will never be able to - then fear the Fire, whose fuel is men and stones, prepared for the disbelievers.( 2:24 )
🔵 And give good tidings to those who believe and do righteous deeds that they will have gardens [in Paradise] beneath which rivers flow. Whenever they are provided with a provision of fruit therefrom, they will say, "This is what we were provided with before." And it is given to them in likeness. And they will have therein purified spouses, and they will abide therein eternally. ( 2:25 )
⚠️ Quran
“It’s just going to ask you a question”
👀
Yes. Right before our googly eyes.
Fuck yes LFG!!!
Cool little sticker too! Hope they’ll provide merchants with them.
Hell yeah!!!!
That purchase will literally be the costliest mistake of your life. Imagine spending your BTC before sat/dollar parity.
What Bitcoin was ment for 👏🏽🧡👏🏽🧡
Woah the guy paid over 3000 bitcoin for a cup of coffee
It’s a joke to be specific
0.00003197 BTC
aka 3197 sats
Spend and replace
Wrong. Bitcoin sold can never be replaced. Save. Borrow against if you must. Die. Reset cost basis for heirs. This is how long term capital preserved. Those that don’t understand this don’t have capital for long.
Spending causes cap gains taxes. Never sell or spend your #Bitcoin
If you were going to spend the fiat anyways, spend it in the equivalent amount of sats and send sats instead. If it triggers capital gains taxes, by definition that means you’re in a better spot than if you had held the fiat trash instead. Though it’s an option, you don’t need to introduce leverage here.
Capital is the money you DON’T spend. Simple as that.
Be like
@TKay today
Pay in bitcoin & use Block Screen on your Lock Screen
View quoted note →
