I AM SO EXCITED FOR SQUARE BITCOIN DAY ⚡️
4 days till potentially hundreds of thousands of merchants opt in to accepting bitcoin
Am I overexcited?
Am I misreading this?
SQUARE HAS 4 Million merchants in the US alone. What if 5% opt in?! 🤩
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When Square flips the switch, Bitcoin becomes everyday money overnight. The domino effect will be insane.
unfortunately i'm not optimistic about the (short term) adoption of this. if i see multiple businesses within driving distance turn this feature on i'd be ecstatic.
Hopefully they have a way to search for merchants that opt in
I have spoken with 2x merchants with square terminals in the last week
A butcher and a cafe
Both the owners confirmed they didn’t know much about the Bitcoin feature being rolled out
So huge educational journey ahead
Also, 1 have some feedback I didn’t expect, which was they were concerned about the reporting. Ie they liked being paid in Bitcoin direct to a lightning wallet of theirs, and they were worried if they started using Square Bitcoin payments, they would be “flagged and investigated”. It seemed a very valid concern tbh
Lots to be excited about no doubt though
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The question is: will their customers want to pay in Bitcoin?
You’re a pedophile
Steak and Shake had a post about how they were one of the few fast food joints with profit growth (15% quarter growth).
They have Bitcoin front and center on their menu and on the payment choice screen (cash, credit, Bitcoin).
The first thing on the menu is a "Bitcoin burger" with a giant "B" stamped on it.
Nice business strategy
You’re a pedophile
Most are overlooking that most of these merchants have employees. It is more like some 20 million people could be having the what is bitcoin talk.