{"id":29069,"date":"2025-05-28T17:01:31","date_gmt":"2025-05-28T17:01:31","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=29069"},"modified":"2025-05-28T17:01:31","modified_gmt":"2025-05-28T17:01:31","slug":"square-to-accept-bitcoin-by-2026-jack-dorseys-crypto-dream-lives-on","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=29069","title":{"rendered":"Square To Accept Bitcoin By 2026\u2014Jack Dorsey\u2019s Crypto Dream Lives On"},"content":{"rendered":"<div>\n<p>Jack Dorsey\u2019s financial services company Block is set to let shops take <a href=\"https:\/\/www.coingecko.com\/en\/coins\/bitcoin\" rel=\"nofollow noopener\" target=\"_blank\">bitcoin<\/a> right at the cash register. It\u2019s a new twist on how you pay, and it might change small businesses\u2019 options.\n<\/p>\n<h2><strong>Bitcoin Payments On Square Hardware<\/strong><\/h2>\n<p>According to <a href=\"https:\/\/block.xyz\/inside\/block-to-roll-out-bitcoin-payments-on-square\" target=\"_blank\" rel=\"noopener nofollow\">Block<\/a>, starting in the second half of 2025, merchants using Square Point of Sale can accept bitcoin. The push rests on the Lightning Network, which handles payments in under a second and keeps fees low.<\/p>\n<p>At Bitcoin 2025 in Las Vegas from May 27\u201329, shoppers can try it out at the BTC Inc. merchandise store.<\/p>\n<h2><strong>A Two-Phase Rollout<\/strong><\/h2>\n<p>Based on reports, the first phase rolls out later this year. Then, subject to approvals, every eligible seller could be live by 2026. That means millions of Square users may add bitcoin to their checkouts alongside credit cards and cash. It\u2019s a big step for a tool many small shops already use.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Today: we\u2019re accepting bitcoin payments at <a href=\"https:\/\/twitter.com\/TheBitcoinConf?ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\">@TheBitcoinConf<\/a> <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.1.0\/72x72\/1f7e7.png\" alt=\"\ud83d\udfe7\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"><br \/>\nSoon: you can accept bitcoin payments wherever you are <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.1.0\/72x72\/1f680.png\" alt=\"\ud83d\ude80\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"><\/p>\n<p>Details here: <a href=\"https:\/\/t.co\/ko2S9hFpih\" rel=\"nofollow\" target=\"_blank\">https:\/\/t.co\/ko2S9hFpih<\/a> <a href=\"https:\/\/t.co\/IYlYV6XM2S\" rel=\"nofollow\" target=\"_blank\">pic.twitter.com\/IYlYV6XM2S<\/a><\/p>\n<p>\u2014 Square (@Square) <a href=\"https:\/\/twitter.com\/Square\/status\/1927396327039684690?ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\">May 27, 2025<\/a><\/p>\n<\/blockquote>\n<p><strong>From Conversions To Checkout<\/strong><\/p>\n<p>Block first let merchants convert part of their daily takings into bitcoin in 2024. Now they\u2019ll take crypto up front. When a customer pays, Square\u2019s app handles the exchange rate and confirmation. Stores see payouts faster. And customers who hold bitcoin get to use it without extra steps.<\/p>\n<p><strong>Filling Out A Bitcoin Toolbox<\/strong><\/p>\n<p>Block isn\u2019t stopping at payments. Its Cash App has had bitcoin buy, sell, and send features for years. Then there\u2019s Bitkey, launched in March 2024, a self-custody wallet without tricky seed phrases.<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"size-full\" src=\"https:\/\/www.tradingview.com\/x\/m4e9ib5K\/\" width=\"1835\" height=\"884\"><\/p>\n<p>Soon it will add stronger privacy and smarter recovery tools, including ways to pass funds on to heirs. There\u2019s also Proto mining gear and Spiral, which backs bitcoin projects. Together, they cover buying, storing, spending, and even building with bitcoin.<\/p>\n<p><img loading=\"lazy\" data-recalc-dims=\"1\" decoding=\"async\" class=\"aligncenter size-full wp-image-488058\" src=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/05\/a_6c61c0.png?resize=546%2C380\" alt=\"\" width=\"546\" height=\"380\"><\/p>\n<p>Merchants will still face price swings if they choose to hold bitcoin. But automatic conversions remain an option. And for those who do hold, using the <a href=\"https:\/\/lightning.network\/\" rel=\"nofollow noopener\" target=\"_blank\">Lightning Network<\/a> can cut costs versus 2%\u20133% credit-card fees.<\/p>\n<p>Meanwhile, regulators will watch closely. Approvals may vary by region. But if all goes as planned, shoppers will see a new \u201cbitcoin\u201d button on Square screens in early 2026.<\/p>\n<p>It\u2019s early days, but this looks like a real test of bitcoin\u2019s original peer-to-peer idea. Some will welcome lower fees and fast settlement. Others will wait and see if it sticks. Either way, small shops soon have a fresh way to get paid.<\/p>\n<p><em>Featured image from Unsplash, chart from TradingView<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Jack Dorsey\u2019s financial services company Block is set to let shops take bitcoin right at the cash register. It\u2019s a new twist on how you pay, and it might change small businesses\u2019 options. Bitcoin Payments On Square Hardware According to Block, starting in the second half of 2025, merchants using Square Point of Sale can [&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-29069","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\/29069","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=29069"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/29069\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=29069"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=29069"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=29069"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}