Connecting the ecosystem with Square has been the dream since we launched bitcoin in nostr:nprofile1qqsvwct7ssehccgu040egxe4k8k9ru4wd605r2kfv9sf94gsu8pftcqppemhxue69uhkummn9ekx7mp0qythwumn8ghj7un9d3shjtnswf5k6ctv9ehx2ap0nyfe6a in 2018
Starting today, all merchants can now seamlessly stack bitcoin behind the scenes from their daily sales
Bitcoin Payments Acceptance will be live for everyone on November 10
https://blossom.primal.net/25d6e113c9b12b602934303459405dfbcfe0333a69d00b959165b79ba86f61ac.mov
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Replies (82)
LFG!
Congrats on shipping this
cc nostr:npub168dqt5c8ue3uj8ynlk0lhwalnp7uy39lvzf9tm09wy3htxwmw7qq5nerj4
So today we can convert up to 50% of fiat payments to ₿ even for LLC and not just sole prop like before?
Peer To Peer Payments 🧡
Best of luck on the launch! We’re all looking forward to it.
Massive. Love seeing this!
making Bitcoin everyday money
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Cool👏🏿
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Bitcoin will be accepted on all Square POS as standard or the merchant needs to activate it? Thanks.
Yup exactly
Amazing.
When you say “everyone”, Canada sellers too? Or US only?
Activate in account
Epic!!!
'uge!
let's fucking go, miles. i cannot wait to go to all of the shops in my tiny town and pay with bitcoin.
Congrats. Huge!
nostr:npub1ds3hmzemzgp9rsuvyvxqdk0y3uxnq9m903dktjxrvyfwk9w99t4sc2hzcn how will this work for me as a customer if i wish to pay in bitcoin? will i have to tell the merchant i want to pay with bitcoin, in similar fashion how they now ask me cash or card? how do i get the bitcoin qr code to show up so that i can scan it?
Him, I thought would be default on all merchants.
*Hum
it is, that doesn't mean you don't have to click some buttons though
Congratulations 🙌🏽 a historic milestone for Bitcoin adoption
THANK YOU
The orange pilling begins.
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Nicely done. Great tone on the video.
Will this be available in Australia?
Seems like an absolute no brainer for merchants to enable. Even if they have zero interest in Bitcoin.
Bullish.
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Curious as well. Currently there is a qr code fir cash app. I imagine it will just be an ln invoice qr code payable by any ln wallet.
It's been great working with your team in this.
Let's #fillthemap!
lfg
nostr:nevent1qqsvksut6hyx0ak70wfzx5kqe0cuk7t07ennwfpgzgrg9nrqssud72cpz3mhxue69uhkummnw3ezummcw3ezuer9wcrxlhdv
This is so freaking cool! nostr:npub1cashappn03s3cl2ljsdntv0v28e2um5lgx4vjctqjt23pcwzjhsqmtdg5l
nostr:nevent1qqsvksut6hyx0ak70wfzx5kqe0cuk7t07ennwfpgzgrg9nrqssud72cpz3mhxue69uhkummnw3ezummcw3ezuer9wcrxlhdv
We are on our way! 👏
But hang on: Bitcoin you can’t buy a coffee with…? Can you? Can you?…
Amazing progress
1) makes me want to start a cafe just to use square
2) makes me thing of the hundreds of merchants I’ve purchased from using square that can now easily use Bitcoin
3) this is theory into action. A base layer fixed supply money, incorporating into a higher layer payments network, the antidote to the circulating credit money
status quo
4) yet another example of how cool it is when incentive is aligned from the base layer, so as owners of a percentage of the bitcoin network, one benefits from the progress and productivity gains of all participants
5) in a week of price action dominated chatter, this under-the-hood building out of infrastructure is a great reminder as to why there are multiple angles that drive Bitcoins value for people
Keep it up!
Amazing!
Vrod , a Damus client and a square terminal , is a game changer for merchants I saw WhatsApp can send zaps too. You guys are doing great work all of you
🧡
This will be huge. I can’t tell you how big of a pain point this is for high volume, low ticket item price outfits.
nostr:nevent1qqsvksut6hyx0ak70wfzx5kqe0cuk7t07ennwfpgzgrg9nrqssud72cpz3mhxue69uhkummnw3ezummcw3ezuer9wcrxlhdv
epic 🫡
So starting November 10th I can go to any merchant that uses square and pay with bitcoin? They don’t need to opt in or do anything?
How does this work with farmer market vendors with the tap to pay square terminal hooked up to their phone?
Can open my Zeus wallet and tap?
Yeah.... Ok.
No they have to set it up. I just tried to setup my business and it said I'm not eligible.
Globally Miles?.. or is this a US domestic initiative?
Seemed to good to be true
I guess still makes it easier for them to be able to accept bitcoin on November 10th. Will definitely ask my raw milk guy to get it setup so I can pay him with bitcoin
nostr:nprofile1qyxhwumn8ghj7mn0wvhxcmmvqyv8wumn8ghj7urjv4kkjatd9ec8y6tdv9kzumn9wsqzqkcpsw4kc03j906dg8rt8thes432z3yy0d6fj4phylz48xs3g4373hv8n6 tell Mrs. QW! She'll be stoked!
nostr:nevent1qvzqqqqqqypzqmpr0k9nkysz28pccgcvqmv7frcdxqtk2lzmvhyvxcgjav2u22htqqsvksut6hyx0ak70wfzx5kqe0cuk7t07ennwfpgzgrg9nrqssud72cx5az4s
But this is not the publicly visible feature to pay with lightning, right? Is that still coming?
Love it
YES!!!
That's exacyly what it is. I tried it at the Bitcoin conference. You scan the QR code and pay with sats on the lightning network.
It's a QR code. If you have the cash app, you can also accept payments with yourusername@cash.app.
At least some people can. I'm mot sure why it doesn't always work. They're probably still testing.
Try sending sats to yourusername@cash.app.
The merchants need to opt in. I think that's fair.
👏
👀🚀
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💥
Let’s Gooooooo 🫶🧡
so the shop has to enable it first
First of all, this is amazing.
Secondly, if a business decides to accept bitcoin with Square and settled in 100% USD, is that considered a taxable event? Would the "gains" be neutral in that situation since it is instant?
Don't want vendors coming back to me after I show them how to accept bitcoin and complain that they are paying a bunch of extra taxes...
*On November 10th*
Congrats bro! Well done 👏👏👏
Does the post not say today?
It does say today. It also says starting on November 10th it will be available to all Square users. A bit ambiguous for sure, hopefully it will roll out for you soon
I am not sure this is right. By default, bitcoin is converted instantly to btc, they need to enable not converting to usd and retaining btc
If this is right, the pay in bitcoin option for the customer can still be on by default
Awesome…! 👏
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Let the revolution begin
This can be big for adoption with local merchants!
Don't hesitate to ask if they accept #bitcoin at checkout. You may be the one to plant the seed.
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LFG!⚡
This is awesome!
This is not bad start. I don’t mind trying this. Give me a reason to spent some sats that’s lying around.
+1 nostr:nprofile1qqsxcgma3va3yqj3cwxzxrqxm8jg7rfszajhckm9erpkzyhtzhzj46cpp4mhxue69uhkyunz9e5k7tcpz4mhxue69uhk2er9dchxummnw3ezumrpdejqf29raj
Amazing announcement, this will help increase Bitcoin adoption!
Here's a wallpaper based on the Bitcoin logo from the intro everyone!
Square has 25-30% of the worldwide retail market share. This is super impressive. Now let’s go for Toast. It has 22-26% of the share namely in the restaurant space. This is a giant piece of the puzzle too. If Toast fell in line, talk about dominance.
Great🫡
This news is great for adoption of crypto in the retail ecosystem
I love it
Pressure to buy BTC is maintained so price will keep moving up
Thank you for the announcement on Aqstr
Peace
full circle (square). epic job in not only realizing the dream but making it an elite version of the dream (looks beautiful)!
for the first time this decade, i’m bullish for SMBs. stomping on the gas pedal on a long and curvy Economic Empowerment Road! 💪
Fantastic! Hopefully most merchants enable acceptance sooner than later!
Sick
This is the way.
Perfect now nostr:nprofile1qqsqp6ugen435mzy9d78ss6n08yhyjjh6ydt6wc2uawdd0jjkcj6jhspr3mhxue69uhkummnw3ez6vp39eukz6mfdphkumn99e3k7mgpr3mhxue69uhkummnw3ez6vpj9eukz6mfdphkumn99e3k7mgyk5dc9 will be able to be serve #Nostr
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With zero privacy?
What is wrong with Bitcoin. They ate always cheering the wrong guys.
We have BTCPayServer and all the millions of Bitcoiners could have helped their brick and mortar stores to setup a running system. Privacy preserving and self-custodial.
Bitcoin community is a huge failure. We've been more advanced in 2013.
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Is there an easy way to find Square merchants near me?