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0 sats \ 4 replies \ @DarthCoin 14h \ on: Square brings Bitcoin to Main Street with POS & Wallets for Local Businesses AGORA
automatically convert card sales into bitcoin
this is good, only that is not incentive for nocoiners to start using BTC. Clueless VISA card users will continue using fiat without knowing that their crap fake fiat is converted into sats.
WE NEED TO PUSH NOCOINERS INTO LITERALLY USING BTC.
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32 sats \ 3 replies \ @supratic OP 14h
To achieve this Block or Sqaure need to get an exchange license and deal with it in the background. Basically selling fiat to bitcoin for merchants that want to receive sats.
I agree, it still a big step forward in terms of service availability and propagation. Not sure how many sellers currently use Square, there are many alternatives and POS market is really competitive, especially in the fiat world. Maybe @OPAGO_PAY and @bitcoinize can tell us more about their journey creating the bitcoin POS market, together with the LNbits opensource version and others that ca't remember now.
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0 sats \ 2 replies \ @DarthCoin 14h
I do not deny Square's mission toward bitcoin adoption.
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0 sats \ 1 reply \ @supratic OP 11h
WE NEED TO PUSH NOCOINERS INTO LITERALLY USING BTC.
Is not something that strike is doing?
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0 sats \ 0 replies \ @DarthCoin 11h
Nope. Strike is just the new paypal... using LN Do not let them fool you with marketing.
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