square sellers accepting bitcoin
Today: Square is accepting bitcoin payments nostr:nprofile1qqsphtcc46rrelvptfm4c2y58k85alnam0lfu773mgwdmtynka0zspsql7emy ๐ง
Soon: Sellers can accept bitcoin payments wherever they are ๐
Details here: http://squ.re/btc
Discussion
๐ฅ๐ฅ๐ฅ
I would like to see a video of this.
I'll hold my applause until it is everywhere.
what an incredible push for bitcoin adoption. congratulations, this is huge.
LFG ๐๐ฅ
Awesome Jack! Would love to see cash app continue leading the charge on btc. Feel like innovation wise strike gold and river are now leading on innovation
do you have stone for our soup, dorsey? ๐๏ธ๐น๐ง
Buttery smooth UX. Well done.
Not sure about that โฟ thoughโฆ
Proof of work! Thank you nostr:nprofile1qqsgydql3q4ka27d9wnlrmus4tvkrnc8ftc4h8h5fgyln54gl0a7dgspxdmhxue69uhkuamr9ec8y6tdv9kzumn9wshkz7tkdfkx26tvd4urqctvxa4ryur3wsergut9vsch5dmp8pesz9rhwden5te0wfjkccte9ejxzmt4wvhxjmchztzjn ๐๐ผ
nostr:npub1sg6plzptd64u62a878hep2kev88swjh3tw00gjsfl8f237lmu63q0uf63m have yโall plans to add square terminal locations to nostr:npub1864jglrrhv6alguwql9pqtmd5296nww5dpcewapmmcazk8vq4mks0tt2tq
cc nostr:npub1ds3hmzemzgp9rsuvyvxqdk0y3uxnq9m903dktjxrvyfwk9w99t4sc2hzcn nostr:npub1cn670f663n3ks02jnnlsvd5y88zjnefy8343ykaxs7y3nzzketrsrjwt8a
We should talk.
Need to automate this given the scale.
How many btcmap locations are there today?
How many square terminals are there?
16,164 as of today.
Id guess there are a lot more square terminals than 16k.
At least in my neck of the woods in the US, nearly every local business is using square. Everyone from the vape store, to the donut shops.
Thereโs 4 million square merchants in the US.
I imagine we could have a simple toggle to let merchants opt into automatically being added to the map.
Please do.
Just show merchants the response from Steak โn Shake.
Suggested business decision maker flow:
If business decision maker opts into keeping some part of payment in sats, then suggest opt-in to publishing of location on btcmap.org, and sending a โbtc accepted hereโ sticker or two.
Yeah, something along these lines.
We need to be highlighting the difference for sure.
Verification of intent difficult though.
nostr:npub1cn670f663n3ks02jnnlsvd5y88zjnefy8343ykaxs7y3nzzketrsrjwt8a does BTCMap have a location attribute for payment processor/wallet (e.g. WOS, BTCPay, BTCJungle etc)?
And having the option to convert directly to fiat, thereโs zero reason for a seller not to want to opt in
Reeeeeeeee ๐ฌ
Gonna require some thinking. ๐ค
By day Iโm an enterprise systems integrations programmer, Iโd be happy to help out in my free time!
nostr:npub1cashappn03s3cl2ljsdntv0v28e2um5lgx4vjctqjt23pcwzjhsqmtdg5l
Yeah, need to think about this carefully as the verification bar is rightly high on OSM.
We have some ideas to streamline this though.
*BTW I'd be curious what happened with the "Square Merchant Directory" from 2012.
It would be great to revive it, make it public, add flags for accepting Bitcoin, Location (physical/online) and let devs to create new discovery methods and channel all the traffic to you and your merchants.
Thereโs 50 million students whose schools donโt have SatsRewards system built in yet.
letโs make it global
i know how to do it. letโs talk
Shoot them a catchy notification when we hit the next ATH.
Maybe highlight to them an estimate how many young people already own Bitcoin in their area.
It takes another decade.. time to time ๐
Beard Papa will increase their sales by Bitcoin payment.
I have been trying to convince some cash-only vendors I pass by everyday to use Square.
They are extremely resistant.
What am I doing wrong?
Square accepts visa and other fiat payment networks.
Certain small businesses are distrustful of high fees and/or donโt like fiat networks for other reasons.
A possible better bet if you want to pay with sats is to set them up with a wallet that accepts sats. E.g. nostr:npub1kvaln6tm0re4d99q9e4ma788wpvnw0jzkz595cljtfgwhldd75xsj9tkzv nostr:npub1h2qfjpnxau9k7ja9qkf50043xfpfy8j5v60xsqryef64y44puwnq28w8ch nostr:npub1hcwcj72tlyk7thtyc8nq763vwrq5p2avnyeyrrlwxrzuvdl7j3usj4h9rq phoenix etc.
BTC map is a badly implemented concept that becomes obsolete the moment btc gains any significant (over 5%) adoption among merchants. Square will kill any use for BTC map when this goes into effect. Adding square merchants to BTC map automatically will kill it even harder and make it entirely pointless.
I say this as a square merchant already on BTC map.
Our mission is to become irrelevant.
The faster we can become useless, the better.
There ain't no Dollar Map.
Based response ๐๐
Hell yeah brother
The humble part at its best.
How to destroy your opponents with one reply ๐
Why would I be destroyed when they agreed with me? I appreciate and use their app for what it is: an affinity marketing platform towards bitcoiners. It doesn't do much else and doesn't try to be anything greater. It wouldn't serve anyone to put 4 million square merchants on it. No one using the app is trying to spend their bitcoin at a company that doesn't know what it is and has it automatically sold off and converted to fiat. They want to find other bitcoiners to patronize. Auto adding 4 million square merchants would just turn the app into a square merchant map with no relation to bitcoin.
Doing my part! ๐ซก
Exactly. That being said, what really needs to happen is a nostr based Google maps competitor that links physical businesses to their nostr profile. That's what's gonna stay after there's no use for a bitcoin map anymore.
If you look at my profile, I opened a PR for a nip to enable just that. Gonna try to rework it at some point into having its own kind, but a google maps alternative with all the businesses on it, directly linked to the businesses social media account would be killer.
Currently most small businesses have a Google account for maps, then an Instagram account for a real social media profile, and usually a doordash + UberEats + grubhub (or amazon + eBay + own website) for online ordering. Its a major PITA to create a menu, then recreate it all on your Google profile, then again for doordash. Likewise, let's say you take a nice pic of a product. You have to upload it to Google and Instagram separately. It would be absolutely amazing to show up on Google maps, then the customer can click on your store, opening up your insta profile. Every client showing the side of your business it wants, but no duplication of the same data type across various apps. That's what can be made with nostr and a universal identity.
Its only half a win if every business accepts bitcoin, but their entire digital footprint is scattered across a bunch of terrible companies taking a cut or farming your customers data and inconveniencing everyone to do so.
Proof-of-Place Attestations fix this. We've started experimenting with these.
Can you link your PR pls?
Good ๐ค๐
Way ahead of ya! My nickname is ":Christmas necktie" cuz I am loud and useless!
Oh wait.
Yo nostr:nprofile1qqs97ekh6cxykm34l0m5ddrlymhj9rxrys3jemtf90psy3nysum0lkcpz4mhxue69uhhyetvv9ujuerpd46hxtnfduhsz9thwden5te0dehhxarj9ehhsarj9ejx2a30qythwumn8ghj7un9d3shjtnswf5k6ctv9ehx2ap0ah540s ๐
Now this is actually huge news. Holy shit
wow, big news!
W
"add lightning support to this codebase"
Big deal
this needs to be available everywhere as soon as possible. apple then will see it and implement a lightning wallet into apple pay
#StartSmall - please help me ๐
( Iโm extremely Sorry for spam but itโs an emergency โค๏ธโ๐ฉน #startsmall )
Hello nostr:npub1sg6plzptd64u62a878hep2kev88swjh3tw00gjsfl8f237lmu63q0uf63m sir, I am Sid, a gold artist.
I need your Help Please ๐
I kindly request your few minutes please on my Primal Note on my profile ๐
Itโs genuinely an emergency for us, From my Job, to my family, our house & endless Medical billsโค๏ธโ๐ฉน
I can share any proof to verify everything,
But please save me & my family, please ๐ Thank you ๐
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Stacking sats, not bits ๐ค๐ผ
Awesome! When tap signed lightning payments on Square? Asking for a friendโฆ
ChainTok is accepting bitcoin here ๐ Try Cash App to pay and post a ChainTok message on-chain ๐
Great work, now use sats so people donโt get confused.
Really pleased to hear this! :-) I hope it is enabled by default for all sellers - allowing people to live on a Bitcoin standard that little bit easier.
nevent1qqsrgzpu29ng6l5us8cmh8cuqthk2gj35hs4ksxryv7e69fa7dnuf8qpzemhxue69uhhyetvv9ujuurjd9kkzmpwdejhg8lfcsk
Finally ๐ฅ๐ฅ๐ฅ
Day 1, excited for whatโs to come โก๏ธ
This will be a turning point for #BTC adoption. ๐ซก nostr:nprofile1qyxhwumn8ghj7mn0wvhxcmmvqyehwumn8ghj7mnhvvh8qunfd4skctnwv46z7ctewe4xcetfd3khsvrpdsmk5vnsw96rydr3v4jrz73hvyu8xqpqsg6plzptd64u62a878hep2kev88swjh3tw00gjsfl8f237lmu63q8dzj6n
Fantastic
Customer sends fiat
Business receives bitcoin/fiat or a % of both
their choice
Hopefully this is how it works! Will be great for adoption. Businesses would slowly ramp up % staying as bitcoin as they see more and more of its benefits
what a wonderful world ..
This is promising, pretty much everyone at my local farmers market uses it!
Does anyone know if this will be defaulted to ON for merchants, or a manual opt-in type scenario?
If the latter, we're gonna have to create an open source leaflet with some information with why local merchants should turn it on. nostr:nprofile1qqsrmqhg7mxxczt9gjln8ey8tgpl2cq2elm7c3n7z59pe3m395s5mjgpzemhxue69uhky6t5vdhkjmn9wgh8xmmrd9skcqg4waehxw309ajkgetw9ehx7um5wghxcctwvsr9aelx style.
Jack Dorsey is a Bitcoin Angel ๐. Good stuff.
Thx and congrats ๐๐ป that must feel electrifying โก
Then ask him to explain this. "Seedless is safer"?!๐
I'll pillow talk with him.๐ซI've heard concerns indeed and that department isn't quite giving the "Bitcoin (ethos) company" vibe. I think Jack might have to step in a bit more and do some clean up and reorganization there. As far as I know he's been given feedback and reflections straight from within. Old paradigm corporate culture with its layers of power structure hierarchoes and egocentricity is a sluggish toughy to reshape.
Not sure why you think he'll listen. All he's done is mock those who call him out on this and he has given no logical or rational explanation as to why BIP 177 will cause a reduction in confusion and help promote understanding of bitcoin. This false narrative he's trying to push seems like just another corporate manipulation tactic he's using to help promote Bitkey, which is already getting a fairly large amount of negative reception. Also, saying that the implementation of this particular line of thought will make it easier for others to understand bitcoin just shows how little faith he has in human intelligence.
I thought you were referring to the seedless is safer phrase. Now you are talking about BIP 177... ?
Are the two related?
I haven't done my homework but just in passing I think I am getting the BIP 177 is the proposal to replace sats with Bitcoin's? Or what is it bits? bitties?
I personally don't have a strong attachment to either way. Intuitively though I am feeling having Bitcoin become an ubiquitous phrase used in the lexicon of people in their daily transacting might be better for Bitcoin... ๐คท๐ปโโ๏ธ And our daily transacting doesn't involve purchases over $100k+... But it is full of many small purchases that would be priced in satoshis. (Is that the argument anyways).
Why are you so passionate about this? What's your take?
Every corporation gets to have failed products, perhaps. And it makes sense that they will do their best to make it survive and hopefully thrive.
But how are the two related?
I am referring to Bitkey in the second part of my comment.
The two are related. First, seedless being safer is an outright lie. Imagine the security risks of not needing a seed phrase. And BIP177 is an attempt to rebrand satoshis by labeling 1 sat as 1 whole bitcoin. This literally goes against the whitepaper in the first place since their will only ever be 21 million, not 2.1 quadrillion bitcoins. Jack is trying to argue that people aren't smart enough to understand that their are 100 million sats in 1 whole bitcoin. Therefore, regarding this particular aspect, he is not educating the public on anything bitcoin-related, only spreading misinformation.
Why I'm passionate... well, that's simple: I don't like the spreading of misinformation for corporate gain.
Yep, they do. I was never arguing that. But, making the Bitkey display your sat balance as whole bitcoins will just confuse the public even more, not help them reach a level of better understanding.
Also, why would you want Block to hold one of your keys? That doesn't sound safe, imo.
massive
Tried it out. Worked flawlessly. Used my own nostr:nprofile1qqsw5t3us9xs3gmclzjm37hvk2yy6pv9t96utjjttsj794hexc5x79qpp4mhxue69uhkummn9ekx7mqpzemhxw309a6k6cnjv4kzumr0vdskcw358q6rsx95ets and nostr:nprofile1qqsrf5h4ya83jk8u6t9jgc76h6kalz3plp9vusjpm2ygqgalqhxgp9gpz3mhxue69uhhyetvv9ujuerpd46hxtnfduqs6amnwvaz7tmwdaejumr0ds0zjc4m.
Bitcoin wins. This is the way.
https://blossom.primal.net/d779c34a060ede0f04d2e00049e06d520e6e8ba6938cb3147e9392c30af44f50.mov
nostr:nprofile1qqsgydql3q4ka27d9wnlrmus4tvkrnc8ftc4h8h5fgyln54gl0a7dgspz3mhxue69uhhyetvv9ujuerpd46hxtnfduq3vamnwvaz7tmjv4kxz7fwwpexjmtpdshxuet5uncanx when Cash app or Bitcoin Square Australia?..
Finally.
Weird feeling of excitement and even shivers just thinking that we now have Square & FOSS nostr:npub155m2k8ml8sqn8w4dhh689vdv0t2twa8dgvkpnzfggxf4wfughjsq2cdcvg side by side, fueling bitcoin adoption in Vegas.
What a journey these past 7 years have been. Gradually, then suddenly!
Back to 2015...
massive ๐ซก
Didn't Zeus do this last year?
turn on bitcoin payments from square pos?
no. not that iโm aware of. WoS created a POC to do it. but this would allow merchants to be paid in sats - fully intergrated into the pos system. which would be needed for inventory management and the like to properly run a business
Zeus has full square integration plus receive as ecash with no channel managemnet.
really? wow. thats epic.
๐ woah
Yeh ๐ช
Yes.
Beat em to it ๐ซก
Stoked for this
Great work nostr:npub1sg6plzptd64u62a878hep2kev88swjh3tw00gjsfl8f237lmu63q0uf63m ๐ซก
Great news nostr:nprofile1qyxhwumn8ghj7mn0wvhxcmmvqyehwumn8ghj7mnhvvh8qunfd4skctnwv46z7ctewe4xcetfd3khsvrpdsmk5vnsw96rydr3v4jrz73hvyu8xqpqsg6plzptd64u62a878hep2kev88swjh3tw00gjsfl8f237lmu63q8dzj6n!
Camo on jack ๐ชโก๏ธ๐
Amazing!!!
awesome
My man jack ๐
Into their custodial wallets, like this Paypal thing?
i just hope it is self custody.
@jack hope you havenโt forgotten Australia? We are a nation in distress.
Nice! ๐ซถ
Bitcoin is money! ๐ป
This is silliness. Sellers can just use Bitcoin without using Square. Probably cost them less, and keep the power to transact in their own hands without going through a bank..
Giving sellers the option, without them having to put the work in, is a huge bump...and one step closer.
This is huge! Proud to be a part of this community
Publicly talk about how his family is running an incel scam around Ohio nostr:npub1sg6plzptd64u62a878hep2kev88swjh3tw00gjsfl8f237lmu63q0uf63m