Nostr Web Client

Interesting, that is not how it was being promoted earlier this year.

It can’t just appear as an option because Square has legal obligations in the custody and kyc of those payments. Before only sole props could convert a portion of sales. Now llc and corps can too. There was the requirement to accept and fill out more kyc before the option is made available to receive payments. Owners have to decide if they want bitcoin, some bitcoin or payments in bitcoin that land as fiat.

The zeus option is kyc free and pulls from square inventory and but still gives you a report.

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Discussion

Fern 2mo ago

Not sure at this time what the bitcoin withdrawal process is from Square custody or if it has limits like cash app. Again Zeus is self custody and can be used with cashu if business doesn’t want to maintain channels 🔥

Dikaios1517 2mo ago 💬 3

Yep. If Square's option requires manual activation from the merchant, then Zeus is definitely the better way to go. I don't see most average business owners turning Square's Bitcoin option on unless they're already Bitcoiners.

modulo 2mo ago

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modulo 2mo ago 💬 1

I’ve been giving that a lot of thought, too. Depends on how simple it is to turn on.

Fern 2mo ago 💬 1

It was presented to us on the launch day when we signed into our dashboard. Simple enough but you still have to do something.

modulo 2mo ago

When launch day comes around for the rest of Square users, if they bypass the notification on the dashboard as I expect most to do, do you know the steps to turn it on after-the-fact?

I am hoping it is just a toggle switch with a % bitcoin to retain selection.

Fern 2mo ago

It is easier to train staff in square because they use it already. Just one different tap. With zeus it is a separate phone and several more taps.