Just enabled bitcoin payments for a friend's Square terminal.
They were skeptical... then they saw the "0% transaction fee, instantly convert to USD" and they said, "fuck yea - do it". This is someone who has been mildly hostile to Bitcoin historically, but also hostile to paying credit card companies 3%.
The game is on. Square likely just kicked off an inflection point in history.
The payments businesses are going to be well aware of this development, even if they don’t admit it
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