{"id":17061,"date":"2025-03-10T16:17:01","date_gmt":"2025-03-10T16:17:01","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=17061"},"modified":"2025-03-10T16:17:01","modified_gmt":"2025-03-10T16:17:01","slug":"jack-dorsey-and-square-has-paypal-met-its-match","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=17061","title":{"rendered":"Jack Dorsey and Square: Has PayPal Met Its Match?"},"content":{"rendered":"<div>\n<p><span style=\"font-weight: 400\">Jack Dorsey may not be a champion of free speech, as is evident in his bannings on Twitter before <a href=\"https:\/\/clickoutmedia.slack.com\/archives\/C06UFDGRK1R\/p1741180823809729\" target=\"_blank\" rel=\"nofollow\">Elon Musk took ove<\/a>r, but he is one of crypto\u2019s biggest supporters.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Dorsey\u2019s and Square\u2019s Cash App (SQ), is more than just a place to pay your friends back for half-apps at Applebees. In fact, it is one of the <a href=\"https:\/\/clickoutmedia.slack.com\/archives\/C06UFDGRK1R\/p1741180823809729\" target=\"_blank\" rel=\"nofollow\">most easy-to-use crypto wallets<\/a> on the market. Here\u2019s why Square, now named Block Inc (XYZ)., is one of the most important blockchain apps.<\/span><\/p>\n<div class=\"chart crypto-chart-instance\" id=\"crypto_chart_67cf0fa1bc314\" data-coin-id=\"btc-bitcoin\">\n<div class=\"chart__header\">\n<div class=\"chart__info\">\n<div class=\"chart__info-icon\">\n                <img id=\"crypto_chart_67cf0fa1bc314-chart__info-icon-img\">\n            <\/div>\n<div class=\"chart__info-name\" id=\"crypto_chart_67cf0fa1bc314-chart__info-name\">&#8211;<\/div>\n<div class=\"chart__info-label\">Price<\/div>\n<div class=\"chart__info-label\">Market Cap<\/div>\n<div class=\"chart__info-value\" id=\"crypto_chart_67cf0fa1bc314-chart__info-symbol\">&#8211;<\/div>\n<div class=\"chart__info-value\" id=\"crypto_chart_67cf0fa1bc314-chart__info-price\">&#8211;<\/div>\n<div class=\"chart__info-value\" id=\"crypto_chart_67cf0fa1bc314-chart__info-marketcap\">&#8211;<\/div>\n<\/p><\/div>\n<div class=\"chart__controls\">\n<div class=\"chart__controls-group\">\n                <button class=\"chart__button chart__button--24h\" id=\"crypto_chart_67cf0fa1bc314-btn-24h\">24h<\/button><br \/>\n                <button class=\"chart__button chart__button--7d\" id=\"crypto_chart_67cf0fa1bc314-btn-7d\">7d<\/button><br \/>\n                <button class=\"chart__button chart__button--30d\" id=\"crypto_chart_67cf0fa1bc314-btn-30d\">30d<\/button><br \/>\n                <button class=\"chart__button chart__button--1y\" id=\"crypto_chart_67cf0fa1bc314-btn-1y\">1y<\/button><br \/>\n                <button class=\"chart__button chart__button--all-time\" id=\"crypto_chart_67cf0fa1bc314-btn-all-time\">All Time<\/button>\n            <\/div>\n<div class=\"chart__controls-group\">\n                <button class=\"chart__button chart__button--logarithmic\" id=\"crypto_chart_67cf0fa1bc314-btn-log\">Log<\/button>\n            <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"chart__container\">\n        <canvas class=\"chart__canvas\" id=\"crypto_chart_67cf0fa1bc314-cryptoChart\"><\/canvas>\n    <\/div>\n<\/div>\n<p><strong>DISCOVER:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/crypto-presales\/\" target=\"_blank\" rel=\"noopener\">The 12+ Hottest Crypto Presales to Buy Right Now<\/a><\/strong><\/p>\n<h2><b>How Cash App Became a Top Crypto App<\/b><\/h2>\n<p><span style=\"font-weight: 400\">Unlike PayPal, CashApp can be used as a fully functional, custodial crypto wallet. In other words, while you don\u2019t own your private crypto keys, you can actually use the bitcoins you\u2019ve purchased with CashApp. You aren\u2019t merely investing in the value of crypto like on PayPal or Robinhood \u2014 you actually hold the tokens and can send them to friends.<\/span><\/p>\n<p><span style=\"font-weight: 400\">\u201cI don\u2019t think there\u2019s anything more important in my lifetime to work [referring to Bitcoin].\u201d \u2014 Jack Dorsey, CEO of Block<\/span><\/p>\n<figure id=\"attachment_213674\" aria-describedby=\"caption-attachment-213674\" style=\"width: 1024px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-213674 size-large\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/03\/XYZ_2025-03-10_05-51-43-1024x532.png\" alt=\"\" width=\"1024\" height=\"532\" srcset=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/03\/XYZ_2025-03-10_05-51-43-1024x532.png 1024w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/03\/XYZ_2025-03-10_05-51-43-300x156.png 300w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/03\/XYZ_2025-03-10_05-51-43-768x399.png 768w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/03\/XYZ_2025-03-10_05-51-43-1536x798.png 1536w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/03\/XYZ_2025-03-10_05-51-43.png 2048w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/03\/XYZ_2025-03-10_05-51-43-50x26.png 50w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"><figcaption id=\"caption-attachment-213674\" class=\"wp-caption-text\">(<a href=\"https:\/\/www.tradingview.com\/chart\/A4aJB7ow\/?symbol=NYSE%3AXYZ\" target=\"_blank\" rel=\"nofollow\">XYZ<\/a>)<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400\">Furthermore, bitcoins purchased elsewhere, for example, on Binance or Coinbase, can easily be transferred to your Square wallet.<\/span><\/p>\n<p><span style=\"margin: 0px;padding: 0px\"><strong>One major drawback is that,\u00a0<\/strong>like PayPal; there is a\u00a0<a href=\"https:\/\/99bitcoins.com\/news\/why-paypal-is-the-worst-place-to-buy-crypto\/\" target=\"_blank\" rel=\"noopener\">$10,000 limit<\/a> to the number of bitcoins you can add to your account, so CashApp is not an ideal choice (especially for large crypto investments).<\/span><\/p>\n<p><span style=\"font-weight: 400\">However, unlike PayPal, CashApp has a weekly limit and not a monthly limit for BTC purchases.<\/span><\/p>\n<p><span style=\"font-weight: 400\">CashApp is very similar to buying BTC on Coinbase and Binance. After you withdraw your bitcoins to your personal wallet they are 100% yours and yours alone.<\/span><\/p>\n<p><strong>DISCOVER:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/high-risk-high-reward-crypto\/\" target=\"_blank\" rel=\"noopener\">9+ Best High-Risk, High\u2013Reward Crypto to Buy in March 2025<\/a><\/strong><\/p>\n<h2><b>PayPal vs CashApp: Which Is Better?<\/b><\/h2>\n<p>While PayPal has a much bigger user base (377 million vs. Cash App\u2019s 36 million), Square\u2019s payment app CashApp is a more helpful tool for buying and owning Bitcoin.<\/p>\n<p><span style=\"font-weight: 400\">With PayPal, you don\u2019t actually get to own any bitcoins, you only have a BTC balance displayed on your account. You cannot transfer or withdraw any crypto <a href=\"https:\/\/99bitcoins.com\/news\/self-custody-explodes-after-bybit-hack-best-wallet-slams-10-5m-raised-in-best-ico\/\">destroying the practical applications<\/a> of this asset.<\/span><\/p>\n<figure id=\"attachment_213687\" aria-describedby=\"caption-attachment-213687\" style=\"width: 492px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-large wp-image-213687\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/03\/Screenshot-50-492x1024.png\" alt=\"\" width=\"492\" height=\"1024\" srcset=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/03\/Screenshot-50-492x1024.png 492w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/03\/Screenshot-50-144x300.png 144w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/03\/Screenshot-50-24x50.png 24w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/03\/Screenshot-50.png 516w\" sizes=\"auto, (max-width: 492px) 100vw, 492px\"><figcaption id=\"caption-attachment-213687\" class=\"wp-caption-text\">(CashApp)<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400\">Really, PayPal\u2019s biggest benefit over Square is the number of different cryptocurrencies you can buy.PayPal offers Bitcoin, Ethereum, Litecoin and Bitcoin Cash, while CashApp only offers BTC.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Square, on the other hand, has some of the best functionality of any other centralized exchange. If you want to diversify your crypto portfolio, look no further than Square.<\/span><\/p>\n<p><span style=\"font-weight: 400\">While Jack Dorsey is a hippie who doesn\u2019t believe in freedom of speech, he and his company did a good making CashApp a decent way to purchase BTC.<\/span><\/p>\n<p><strong>EXPLORE:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/news\/xrp-price-jumps-11-after-sec-crypto-unit-tease-xrp-etf-progress\/\" target=\"_blank\" rel=\"noopener\">XRP Price Jumps 11% After SEC Crypto Unit Tease XRP ETF Progress<\/a><\/strong><\/p>\n<p><strong><a class=\"general-link\" href=\"https:\/\/discord.gg\/B7Uk6agkqj\" target=\"_blank\" rel=\"noopener nofollow\">Join The 99Bitcoins News Discord Here For The Latest Market Updates<\/a><\/strong><\/p>\n<div class=\"nnbtc-key-takeaways\">\n<h3 class=\"nnbtc-key-takeaways__title\">Key Takeaways<\/h3>\n<ul class=\"nnbtc-key-takeaways__list\">\n<li class=\"nnbtc-key-takeaways__list-item\">\n        <span style=\"font-weight: 400\">Dorsey\u2019s and Square\u2019s Cash App (SQ), is more than just a place to pay your friends back for half-apps at Applebees.<\/span>     <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        <span style=\"font-weight: 400\">Unlike PayPal, CashApp can be used as a fully functional, custodial crypto wallet.<\/span>    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        <span style=\"font-weight: 400\">With PayPal, you don\u2019t actually get to own any bitcoins.<\/span>    <\/li>\n<\/ul><\/div>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/jack-dorsey-and-square-has-paypal-met-its-match\/\">Jack Dorsey and Square: Has PayPal Met Its Match?<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Jack Dorsey may not be a champion of free speech, as is evident in his bannings on Twitter before Elon Musk took over, but he is one of crypto\u2019s biggest supporters. Dorsey\u2019s and Square\u2019s Cash App (SQ), is more than just a place to pay your friends back for half-apps at Applebees. In fact, it [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-17061","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/17061","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=17061"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/17061\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=17061"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=17061"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=17061"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}