This means anyone with dollars in their Cash App account will be able to scan a bitcoin/lightning invoice and pay it without needing to first purchase the bitcoin. This is MASSIVE.
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Bypassing legacy payment rails πππ
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This is even bigger than the Square news this week, and that was the biggest thing to happen for bitcoin adoption this year.
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#V4V artists and creators, imagine what this means for you?
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You donβt even need dollars in your cashapp, you can just connect a debit card and process through there. Really cool way to pay w/ btc and avoid the taxable event
Wow! Too bad we canβt use CashApp in Canada π
π«π What about Strike? It has a similar feature.
Nope. No strike eitherβ¦β¦
Well, you see your first problem is, itβs Canada π€£
π yepβ¦..
The means it just got a lot easier for a vendor to only accept payment in bitcoin. Letβs go.
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When I read Cash App, my brain goes βthe motherfucking caaaaaaash aaaaaapβ in @Marty Bent voice
@hal I'm a little confused. How does this work? Where do the Bitcoin/Sats come from if the buyer doesn't have any Bitcoin/Sats in their Cash App?
I'm just waiting for a function like this to be created for Europe π€
Strike does that and is available in Europe.
AFAIK the Strike version of that feature uses Venmo, which is also not available in Europe. Correct me if I'm wrong though π
I meant, this:
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#BTC #Blocks
More compliance tech!!!! So good for Bitcoin!!!!
It's almost like we don't need Bitcoin for this transaction.