Square Bitcoin Dashboard 🟧 💻 The Bitcoin dashboard has a "conversions" toggle. This allows merchants to select on or off at anytime. It has a slider to choose a percentage of daily transactions to be converted into bitcoin. There is also an ability to buy Bitcoin directly from a given locations fiat sales balance! This is a pretty wild smash buy feature. A merchant can also Spend Bitcoin and Sell Bitcoin right from the dashboard! There is also a history tile, rewards tile (more on that) and price of bitcoin shown. You can choose to display in whole Bitcoin or Satoshis! An faq explains the basics and you are shown your buying limits, send limits but doesn't show any sell limits. My limits are very high but that may be based on my buisness history. Closer details: The promoted $50 of bitcoin is for first 20,000 merchants who setup the feature. You must have one one or more card conversions a month for three months. In addition to sats or bitcoin, you can display balance in bitcoin/sats or dollars. The setup process is to click banking, bitocoin, get started. Then you input the type of business, the owners name, address, beneficial ownership status. The second kyc seems silly given they already have all my information and money lol. But it is what it is. Running a business is beyond kyc hell so nothing new there. These features are all separate from direct bitcoin payments that are set to be live November 10th. The payment feature is under blue payment button which opens normal payment type options screen. Tap bitcoin and there will be a qr code to scan. The same receipt screen will appear after payment. It is seemless like any other transaction. So if the business spins the terminal or uses remote terminals, you as the customer, can check to see if the bitcoin option is there and use it wihout saying anything. You may or may not want to link your loyalty account to btc payments for privacy. How I am thinking about this: I will have both the conversions off and the bitcoin transacrions sent as dollars until Jan 2026 simply for tax purposes. In 2026 I will select a percentage that I feel matches my general profit margin. The idea being I want to capture profits in bitcoin and not have to sell it to cashflow fiat liabilities. I will keep the entire bitcoin transactions however. Now if we get a dip over 25% I may smash buy my balance to get a kicker. Also if I take a Square fiat loan which they also offer one click in the dashboard I may take a portion of it and buy bitcoin as a kicker on the loan repayment. These new features if used wisely can separate your business as having a bitcoin strategy or not having one. So far very impressed with what they have done for merchants. #square #bitcoin