GM nostr.

Today we made history at #compasscoffee

First Square terminal in the wild accepting #bitcoin .

Thank you Michael and nostr:npub1sg6plzptd64u62a878hep2kev88swjh3tw00gjsfl8f237lmu63q0uf63m | nostr:npub1cashappn03s3cl2ljsdntv0v28e2um5lgx4vjctqjt23pcwzjhsqmtdg5l for making this a reality, we can’t wait for public release. 🚀

Also, thanks to all the people on nostr, this transaction was over NWC with nostr:npub18m76awca3y37hkvuneavuw6pjj4525fw90necxmadrvjg0sdy6qsngq955 and nostr:npub1w27mc4aa6m0ufe3xs5z3m6qyr52gc0rglept7vqlwx4xeaf72tasnqz70r , wild.

Thanks to everyone who ever zapped me, you contributed to this as well! ✌️

It is truly magic internet money. LFG!

#coffeechain

https://v.nostr.build/ggFpdN3ksoyJnnGu.mp4

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Discussion

Good morning. Hell yeah!

This is amazing!! So fast. 💨

Love seeing content like this. Perfect example of how layer 2 works!

Absolutely! And NWC was smooth.

🤌

Epic!!! 🙌 May it spread like wild fire.

Indeed!!

#GM Fren 🌞 have an amazing day today https://youtu.be/wqCz3-v3PHA

Bitcoin is money 🔥 but incredible to see

Need to order some compass coffee…

They don't accept Bitcoin on the website I think

I believe they do. It’s been a while since I checked.

Maybe my auto subscription is just usd idk I haven't tried a new purchase

🔥🤙

Fucking cool. A real life visually of ‘gradually, then suddenly’

TKay, can you answer a question for me perhaps? do you know if Square customers will have to specifically go in and enable the ability to pay in bitcoin? and if they do not have to opt-in, how does it work exactly? does the merchant have to tap a button just like cash or credit card and this is enabled by default for all? can i go into an unsuspecting shop and pay with bitcoin and the merchant will essentially have no idea besides noticing a new payment icon?

In my square account it required me to opt in and re kyc the business with my ein number. Because the square account is now accepting ₿ and able to convert payments to ₿ square is custody of that corn so they mostblikely?legally need me to provide info.

Many square operators to the spin the terminal thing like in the video. Now the guy obviously new he was making a bitcoin payment and selected that payment type. There ia just a screen with all the payment types: cash, gift card, debit card, "other" for checks ( or how i accept non kyc bitcoin with zeus integrated into my square merchant api) a cash app option and bitcoin. If they spin, nd are opted in, you could just select ₿ as payment type.

Now mny square terminals have loyalty accounts linked with phone number or email so you may or my not wnt to link your ₿ payment with your loyalty.

We don't spin the terminal normally and aways take peoples cards because I think self checkout is rude especiallybif you haven't used square before.

My staff will be saying "are you saving 21% off today by paying with Bitcoin?" To get the people riled up!

Excellent answer, here’s our official page with an FAQ that also answers your questions. You have to scroll a bit to get to the FAQ.

https://squareup.com/us/en/bitcoin

i read all of that last week and didn't know if merchants had to specifically opt-in. it sounds like they do and i understand why. i will be completely surprised if merchants do this, unless they themselves are bitcoiners. i hope im wrong.

Oooo I'm loving that "are you saving 21% by paying with bitcoin" pitch 🤟🏽

Gotta make it spicy 🔥

thank you for your detailed answer. i was hoping to pay with bitcoin a the places in my town that i frequent, but they're not bitcoiners, so i doubt they'll opt-into bitcoin payments unless there's a clear marketing campaign and advantage for them.

Most obvious benefit is zero transaction fees with bitcoin. They can have 100% fiat conversion.

It’s not live yet. So highly doubt you will find it out and about.

Michael said it’s Opt-in for the merchant, but it’s an easy setup as per Michael.

The merchant as of the test we did, has to tap bitcoin payment.

This is good to know. I've already started making a list of merchants in my area that use Square. Some of them have already told me they would accept bitcoin if they could. This is much easier than convincing people to use coinos or BTCpayServer.

i will start asking them as well i guess. fingers crossed.

Just remember that these business owners have staff. The staff don't make the rules. Don't assume the owner is standing there checking you out.

The one's that I plan on asking are the business owners though 😁

Back on Sept 3rd when they turned mine on, I was closing and reopening the app like every 5 minutes because I was so excited for it to come online, then around 10 am it just appeared under cash and other options like a golden halo 😇🔥🎯

THIS NEEDS TO BE TAGGED IMMEDIATELY!

Give Compass sometime. This was an internal test.

Yeah #damus cameo 👏

GM🙌👏

GM

Congrats 🙌🏻

Legends!!

This is awesome. If I ever have a brick and mortar I think I’ll go with square for msp

Congratulations from the Bitcoin Beans fam! Where are you guys based? If you would like to add some of the worlds best Cacao to your menu hit us up on the DM and we can talk more! Big love to you all there, top work!! X

Compass is DC mainly, location in Virginia and Maryland as well.

Congratulations!!! Where are you located?

This was a test location. But Compass is located in the Washington DC.

I will visit 😊 your swift reply is greatly appreciated.

Was it an easy set up? I need to do the same for my business. Thank you

Overall very easy setup as per Michael’s feedback.

DM me and we will get you all setup Eva

truly an amazing experience, first person to order a PSL via sats ⚡️

Sickkkk big fan of compass- subscriptions. Get them an npub!

wow mira nostr:npub1v6vrt0pm0rhshqz6v5wvh043pz4zpa7uggj8yx6sp56lw9k7uc5slkhfjp

nostr:note1wzsx4tgu5xkjlumx62z6qk3au05mpfvfetl7eq4vdhm9t32q8m9qaw7zg6

It’s almost as if DC is transforming into a thriving Bitcoin Hub 🔥🚀🧡

nostr:nevent1qqs8pgr245w2rtf07dnd9pdqtg7786ds5kyu4llvs2kxmaj4c4qrajspzemhxue69uhhyetvv9ujuurjd9kkzmpwdejhgqlr9gf

We’ve been taking BTC Square in our restaurant since sept 3 - it’s really working well. Sales tax taken care of employees have no special requirements to input transactions- this is it the BTC revolution continues !

nostr:nevent1qqstm065wkdlm73gnugrq6lxl52lqdnx8lytn5g5m9h37nu3fwssf6gpzemhxue69uhhyetvv9ujuurjd9kkzmpwdejhg0z207w

Not the first - We’ve been taking BTC Square in our restaurant since sept 3 - but welcome aboard !

Fucking bullish

I’m thrilled to know my zaps sent you may have contributed to your coffee. ☕️

#coffeechain is winning. 💜⚡️🤙

The thing is square built relationships and they did so with handy, simple hardware. Sure they had much deeper pockets but I think btcpayserver and others need to understand that 'tangibility' matters when it comes to payment processing. POS matters.

Hardware matters. #bitcoin

nostr:nevent1qqs8pgr245w2rtf07dnd9pdqtg7786ds5kyu4llvs2kxmaj4c4qrajspzemhxue69uhhyetvv9ujuurjd9kkzmpwdejhgqlr9gf

I can’t wait for this update!

Fucking bullish 💜🚀

that’s pretty sick

That’s really cool! Looking forward to being able to pay with Bitcoin in the near future.

great 👍

This is great.

…and…

Does anyone have resources on how to onboard a local business?What do you lead with?

- No CC fees?

- Keep BTC on the balance sheet and see it grow?

- Get a loyal customer who wants to support you?

Those at the first three that come to mind.

#bitcoin #grownostr

nostr:nevent1qqs8pgr245w2rtf07dnd9pdqtg7786ds5kyu4llvs2kxmaj4c4qrajspzemhxue69uhhyetvv9ujuurjd9kkzmpwdejhgqlr9gf

I posted the video I didn’t even see that it was you 🤦‍♂️

🔥

Nice!

@npub189uczuw0002ugtcu77np76p2fna2dndecc77488685w84cz40p4qxzflej

I hope that square has good channels with Acinq :) I'm going to heat those channels a bit...

Now just hire some #BitTaskers to grow and deliver the coffee , then we close the loop https://bittasker.com/

wow, awesome to see Square being integrated that well 😀 I like coinos they are great

this is huge. big congrats to jack and the whole square team for shipping such a monumental feature in their terminals. now that the infra’s here, the real question is how do we educate small businesses to keep the bitcoin they earn instead of auto-converting to fiat? imagine millions of businesses deciding to hold their sats. that’s when things get really interesting.

nostr:nevent1qqs8pgr245w2rtf07dnd9pdqtg7786ds5kyu4llvs2kxmaj4c4qrajspzemhxue69uhhyetvv9ujuurjd9kkzmpwdejhgqlr9gf

This is perf. 👌🏻

It’s how every micro transaction is done in China with Renminbi (RMB) and this is the globally recognized direction of future consumer payments, regardless of which currency we use.

nostr:nevent1qqs8pgr245w2rtf07dnd9pdqtg7786ds5kyu4llvs2kxmaj4c4qrajspzemhxue69uhhyetvv9ujuurjd9kkzmpwdejhgqlr9gf

Why all the cleavage?

Love to see it!! Congratulations!!

So awesome! Is this an international feature yet nostr:nprofile1qqsgydql3q4ka27d9wnlrmus4tvkrnc8ftc4h8h5fgyln54gl0a7dgspp4mhxue69uhkummn9ekx7mqpxdmhxue69uhkuamr9ec8y6tdv9kzumn9wshkz7tkdfkx26tvd4urqctvxa4ryur3wsergut9vsch5dmp8pese6nj96 nostr:npub1cashappn03s3cl2ljsdntv0v28e2um5lgx4vjctqjt23pcwzjhsqmtdg5l

Anyone aware of any vendors in NYC that have toggled this on yet? Would live to visit them tomorrow

nostr:nevent1qqs8pgr245w2rtf07dnd9pdqtg7786ds5kyu4llvs2kxmaj4c4qrajspzemhxue69uhhyetvv9ujuurjd9kkzmpwdejhgqlr9gf

Wow, in a few years from now, paying that ammount of sats for a cup of coffee is a robbery!

Amazing

Congratulations! I checked my mobile app and could not find a ₿ implementation on Square. I can take #bitcoin because I have CashApp, Strike, #nostr, but it would be awesome to accept it in the Square POS app. Did you download a Square POS update somewhere?

nostr:nevent1qqs8pgr245w2rtf07dnd9pdqtg7786ds5kyu4llvs2kxmaj4c4qrajspzemhxue69uhhyetvv9ujuurjd9kkzmpwdejhgqlr9gf

3k bitcoins... Maybe next time... 🤦

The world is changing before our eyes

Yes. Right before our googly eyes.

Love to see this. More content around real world adoption cases pls

Sounds like this is using lightning, not Bitcoin

Its the way to go!

The more use cases the better

we've come such a long way. I bought a coffee with BTC 10 years ago and they had me wait on the side while the tx cleared. It was still cool dope back then but this is amazing

nostr:nevent1qvzqqqqqqypzp89n23wrd9qdngh0sm2s6hr6374eqvgvezvvgdztelzvsghlg772qqs8pgr245w2rtf07dnd9pdqtg7786ds5kyu4llvs2kxmaj4c4qrajs7jgd6m

Atenção atenção o governo brasileiro pretende matar o próprio povo. Eles começaram a desligar a energia de algumas cidades depois eles vão fazer um apagão geral no Brasil todo nos hospitais nas comunicações na a internet. Pessoas inocentes vão morrer!!!!!!!!! Eles querem implementar o drex em 2026 onde você não vai ter escolha vai comprar o que eles querem quando eles querem e aonde eles querem. Se você tentar sair do Brasil eles vão cobrar 70% de todos os seus bens pra que você não possa sair é um projeto que lhes já colocar em vigor.!!!! Eles só estão esperando a política do ano que vem.

⚠️ God has said in the Quran:

🔵 { O mankind, worship your Lord, who created you and those before you, that you may become righteous - ( 2:21 )

🔴 [He] who made for you the earth a bed [spread out] and the sky a ceiling and sent down from the sky, rain and brought forth thereby fruits as provision for you. So do not attribute to Allah equals while you know [that there is nothing similar to Him]. ( 2:22 )

🔵 And if you are in doubt about what We have sent down upon Our Servant [Muhammad], then produce a surah the like thereof and call upon your witnesses other than Allah, if you should be truthful. ( 2:23 )

🔴 But if you do not - and you will never be able to - then fear the Fire, whose fuel is men and stones, prepared for the disbelievers.( 2:24 )

🔵 And give good tidings to those who believe and do righteous deeds that they will have gardens [in Paradise] beneath which rivers flow. Whenever they are provided with a provision of fruit therefrom, they will say, "This is what we were provided with before." And it is given to them in likeness. And they will have therein purified spouses, and they will abide therein eternally. ( 2:25 )

⚠️ Quran

“It’s just going to ask you a question”

Congrats! So excited for the public launch! 🚀

Are you a Square merchant turning on bitcoin payments?

We've built a new product to help you drive bitcoin payment adoption. I would love to chat with you and show you more! Shoot me a DM.

nostr:nevent1qvzqqqqqqypzp89n23wrd9qdngh0sm2s6hr6374eqvgvezvvgdztelzvsghlg772qqs8pgr245w2rtf07dnd9pdqtg7786ds5kyu4llvs2kxmaj4c4qrajs7jgd6m

Fuck yes LFG!!!

Cool little sticker too! Hope they’ll provide merchants with them.

Are you guys down with the cat and bird shit specialty coffee?

Hell yeah!!!!

That purchase will literally be the costliest mistake of your life. Imagine spending your BTC before sat/dollar parity.

Spend and replace

Wrong. Bitcoin sold can never be replaced. Save. Borrow against if you must. Die. Reset cost basis for heirs. This is how long term capital preserved. Those that don’t understand this don’t have capital for long.

Spending causes cap gains taxes. Never sell or spend your #Bitcoin

If you were going to spend the fiat anyways, spend it in the equivalent amount of sats and send sats instead. If it triggers capital gains taxes, by definition that means you’re in a better spot than if you had held the fiat trash instead. Though it’s an option, you don’t need to introduce leverage here.

Capital is the money you DON’T spend. Simple as that.

You also just created a taxable event assuming you have a cap gain. Your accountant is gonna love this. 🤦‍♂️

My advice is this. While the vendor still lets you trade valuable real products like coffee for toilet paper 🧻 you keep paying with the toilet paper 🧻

What Bitcoin was ment for 👏🏽🧡👏🏽🧡

Rise and shine 🌞

Woah the guy paid over 3000 bitcoin for a cup of coffee

That's sats to be specific...

It’s a joke to be specific

0.00003197 BTC

aka 3197 sats

Find your local Square Terminal users. Kind of a roundabout way, but looks to be a list of active square terminal users:

https://giveandgetlocal.com/

nostr:nevent1qqs8pgr245w2rtf07dnd9pdqtg7786ds5kyu4llvs2kxmaj4c4qrajspzemhxue69uhhyetvv9ujuurjd9kkzmpwdejhgqlr9gf

Be like nostr:nprofile1qqsfev65tsmfgrv69mux65x4c7504wgrzrxgnrzrgj70cnyz9l68hjspz3mhxue69uhhyetvv9ujuerpd46hxtnfduq37amnwvaz7tmjv4kxz7fwvf5hgcm0d9hxg6tnw3exjcm59ehhyec93jeg6 today

Pay in bitcoin & use Block Screen on your Lock Screen

nostr:nevent1qqs8pgr245w2rtf07dnd9pdqtg7786ds5kyu4llvs2kxmaj4c4qrajspzemhxue69uhhyetvv9ujuurjd9kkzmpwdejhgqlr9gf