4 million square merchants can now easily accept bitcoin.
bitcoin is the best money.
absolutely massive. 🎯
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I remember the first time I accepted a payment on my phone using Square back in 2011-12 It felt huge then, and even my first customer was impressed by the simplicity. Now, being able to accept Bitcoin feels profoundly more important than accepting cards back in the day. Merchants operate on tight margins and pos processing fee are painful.
Wait... does Square not impose any processing fees???
Oh wow, saw another post that mentioned indeed no processing fees. That's crazy.
Do you need a phone with headphones jack to accept Bitcoin?
Nope.
Infrastructure to facilitate merchant acceptance is way more interesting than nation state bitcoin reserves, imo.
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Can you as a customer just ask any merchant that has a square device, to pay in bitcoin instead of dollar? Or does the merchant first have to do something (like register the bitcoin channel with square)?
1K bounty to the first person who can answer this with proof to back them up.
No. The merchant must fill out kyc and accept bitcoin payments. They must have the right app in the right mode.
i can get you screenshots from a square dashboard tomorrow. the merchant has to go into their settings and enable it at the account level and then also manually include it in checkout options per POS or "device mode" grouping.
no, merchant has to enable it explicitly
i can get you screenshots from a square dashboard tomorrow. the merchant has to go into their settings and enable it at the account level and then also manually include it in checkout options per POS or "device mode" grouping.
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More KYC. More doxxing. More taxes.
Bitcoiners these days are not the brightest lights.
They are celebrating state licenced companies eroding the last piece of privacy.
There are only 2 or 3 honourable Bitcoin businesses (BTCPayServer, Trezor) among thousands of government boot lickers (Coinbase, Binance, Square, Strike, Bitcoin Bull, Bitpay, Ledger, Blockstream...).
The enshitification of Bitcoin is accelerating with every company that captures the "p2p ecash system without third parties".
If you don't use Bitcoin in a self-sovereign way you are the problem. Why would I bother using KYC non-custodial BTC when I just can use fiat that is accepted everywhere?
SoV sure. Nice! But we're not there yet and likely never will be since most people see BTC as a fiat multiplier and as soon as SHTF they will all call home their speculative investments out of necessity.
KYC means social credit.
I missed this promise (thanks for the reminder @Dr. Hax ) because I wasn't able to get to my friend's dashboard today. Please accept this markdown dump of the square support page article as penance (url to the original article in the archive below):
Accepted. Thank you for tracking that down
Nobody ever needed Square to accept Bitcoin.
Use Square's Bitcoin publicity momentum to get people aware that you are accepting Bitcoin, and use your own Bitcoin node, no Square KYC involved.
Right! This just makes it easier for normies to begin accepting Bitcoin... I've be accepting it since 2021 officially.
They never had any of this to accept bitcoin payments, I agree. But this is a excellent tool for normies and clueless people touch the protocol for the first time as it was made for, no begin using it as an asset iou for fiat or other “fix L2” bs.
Done! To access Bitcoin functionality through Square. Also set up to covert 21% of fiat payments into btc. 
For businesses that want to accept Bitcoin payments or convert card sales into Bitcoin:
Sign in to your Square Dashboard.
Go to the Banking section and select Bitcoin to begin setup.
Complete identity verification and two-step verification if not already set up.
Choose whether to accept Bitcoin payments via the Lightning Network or automatically convert a percentage of daily card sales into Bitcoin.
New Bitcoin conversions are managed through the Square Dashboard, not the Cash App, as of October 2025.
For businesses that want to accept Bitcoin payments or convert card sales into Bitcoin:
Sign in to your Square Dashboard.
Go to the Banking section and select Bitcoin to begin setup.
Complete identity verification and two-step verification if not already set up.
Choose whether to accept Bitcoin payments via the Lightning Network or automatically convert a percentage of daily card sales into Bitcoin.
New Bitcoin conversions are managed through the Square Dashboard, not the Cash App, as of October 2025.
even after setup, bitcoin payment as a payment option only appears in the Square Point of Sale app in POS mode.
bitcoin payments don't appear even after setup if using Square Retail or Square Restaurant.
What's the tax situation in US for spending BTC?
100% covered by capital gains taxes, an accounting nightmare. I'm not spending a single satoshi except for zaps on NOSTR.
I don't think the problem is retailers who are unwilling to accept Bitcoin. The problem is Bitcoiners who are unwilling to spend their satoshis! Even at a German retailer for Bitcoin miners, only 5% of customers pay with BTC! Most Bitcoiners ignore the fact that Bitcoin is supposed to be a cash system and misuse it as a store of value!
That's why you convert everything into Bitcoin so you have no choice but to spend it.
It's just about education.. at minimum, it is nearly seemless and free to buy Bitcoin and pay with it instead of fiat (thereby exercising the Bitcoin payment rails, while also not touching the stack. Also keeps it clean from a tax perspective until that gets changed too.
This is the way
Great news. We just need more people willing to pay with bitcoin…
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i am always impressed with the US' culture of bitcoin contribution. inspiring! i hope to contribute as much as them too!!
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I'd be interested to see how many people choose to pay in BTC. Surely you'd be spending the fiat first.
People who are 100% in. If you have fiat to spend, then you have too much fiat
Thats a fucking milestone. I tell you that.
Stripe is fully KYC'd, Stripe will be reporting your bitcoin transactions to the government. This is not what bitcoin was supposed to be. This is not a win, it's a fail.
WORLD
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Who in their right mind would pay in the world's strongest currency? Please, this is a trap.
People who are 100% in. If you are too worried to spend bitcoin, the problem is you have too much fiat
Could always use bitcoin to pay so that you're a part of the network growth and then buy back 1x, 2x, 4x or 8x ect as much? Would be great if @npub1cash...dg5l or @strike included an automatic option for this too.
If fiat is so bad why did you hold it? Exchange everything for sats and expend it wisely.
I want to be 100% in BTC, but I can't do that without the damn state taking 32% of my assets. You would need to do this Face to Face using paper money, no one in their right mind would do that in Brazil
They only take it if you treats it as iou fiat. When you use it as money they can’t do nothing about it.
Trabalha na adoção local.
These are the interesting inspiring stories that increase Bitcoin adoption. If you've ever run a retail store (I have) you know what it means not to have to pay hefty 1.5-3% credit card fees.
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I have friends that own a family farm that use Square as their Point of Sale system. I've been talking to them about Bitcoin for some time with typical reactions.
I showed them this feature and a new Bitcoin family was born!
Best Orange Pill machine I've ever seen.
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square better den btcpay!
LFG 💪🏽
