Huge props to Square for enabling bitcoin for all of the merchants in their network. This is the type of "corporate" bitcoin adoption you love to see. Bitcoin is an asset that can help small businesses in ways that most people cannot even fathom. View article →

Replies (10)

Lucid's avatar
Lucid 4 months ago
.....goo onnnnnn... lol
Z2theach's avatar
Z2theach 4 months ago
Square and Polymarket on the same day. Bitcoin is winning.
Benking's avatar
Benking 4 months ago
This is exactly the kind of adoption that makes Bitcoin powerful for everyone 🚀
Default avatar
Dominic 4 months ago
Hello, care to chat a little?
I'm not sure I'd call it a speculative attack in this case. There's no carry trade going on, because there's no borrowing. There's just merchants using a superior money to do business. Speculation involves taking on high risks for potential gains, typically acting on trends, momentum, and sentiment rather than fundamental analysis. Not saying there's no speculation at play here, but it seems a jump to suggest that it characterizes all or even most of those adopting a sound money standard.