Been brainstorming this exact feature for the BTC Map within Cash App:
Bitcoin Bounties
Would you go to Square merchants without Bitcoin payments turned on and convert them for a βΏ back reward?
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Does Square even have Bitcoin payments? I thought their PoS was Lightning only
Amazing idea.
Yes
Yes.
Great idea
That's a good idea! Some credit cards give better rewards when tapped by phone instead of swiped (Apple for example), and that turned their customers into advocates for using Apple pay.
Por que no los dos?
Austists, activate!
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How about the inverse as well? Geocache sat bounties to entice customers to come into the store and for Bitcoin n00bs gift customers their first few sats
heads-up: we looked for a lightning address on your profile but could not find one... u can get a free one at 
... and then reply back to this comment so we can zap you.
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Weβre already ordered orange pill shaped business cards to give to unknowing square owners. They show the steps to turn it on in dashboard or pod - this is stuff Iβm giving to my fellow restaurants/competition just so BTC payments become mainstream fast !
Love the idea of saving transaction fees for merchants. But what about the customers spending lightening sats.
Is @jack mallers strike app the only app that instant converts fiat to lightening to avoid taxable spending events? Is there a fee from strike for this service?
Does cash app do that @jack @miles π ?
Also, even if itβs not a taxable event, do you still need to record the spending events to prove they are not taxable. Do these apps make nice little reports for the tax man?
Most normies arenβt gonna spend in lightening if they are constantly concerned about the IRS.
Too much friction for most.
@BTC Sessions do you have a tutorial for tax free lightening spending at a square pos?
Stay tuned this week
YES
Yea
question, is the BTC Map feature already rolled out everywhere? Iβm in FL I donβt think I have it
This is brilliant. Love this idea incentivizing real-world orange-pilling could really change everything. β‘
You can find local square merchants with this directory
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My lightning node was struck by lightning in a storm, rip
I asked the same thing a week ago. Excited to see @miles π response
J.A.D.I.P
It would be nice if a cashapp user was able to pay a lightning invoice using their cash balance. @strike just rolled out that feature and I confirm...
Yes, I will bring up bitcoin to every square merchant. Wish it was on by default, just a choice for the customer at checkout
Yes
Will do
love this, great idea
Iβd love to learn how I can help.
In @CITADEL DISPATCH ep114 with Adam Soltys from CoinOS, they laid out the two important elements that led to the success starting a circular economy in Vancouver
1. The incentives (bounty) to onboard a new vendor of a specific type that the *local* community sought; and that then enabled ..
2. The local community to immediately bring more, and new, business traffic to the business, validating their decision to onboard
The first part is important, but the second makes it stick.
How to do some geo-clustering on the demand side?
Bullish.
This was my first thought too..
I like the idea but the devilβs advocate in me thinks it might end up being an extra friction point and even a red flag for some merchants if a bunch of plebs stat nagging them about Bitcoin who get kickbacks for it. But there arenβt a lot of us out there and most of the merchants Iβve talked to in DC have been receptive to the idea.
βoh, the investors like to see the field sales team number go up? β¦ watch thisβ
If business has a Square terminal- just ask and offer to onboard - If merchant shows interest or openness, support them with a path to CUSTODY - gimmicks to accept are unnecessary
Excellent! This is the way
Yes!
4million merchants 58million users - big base - lets wait for revenue stats next year
I do it without the award so might as well get one!
Yes
Iβm sure it was discussed, but why not have BTC payments on by default received as USD and have the toggle instead be for receiving/holding Bitcoin?
Absolutely
@miles @jack for the last several years we have been explaining sats to our fiat friends. Letβs make sure it says βsatsβ somewhere during checkout since a lot of them have the basic understanding that sats are like cents of dollar. What is the point of confusing normies? I donβt want to have to explain to them every time that Square POS labeling is weird. The amount of human time we are going to waste on this is gong to be ridiculous. Thank you for your attention to this matter!
Not sure how I missed this post, but yes! Youβll instantly add every bitcoiner to your sales team. Win-win
Been doing this for free at my farmers market this week!
BTC Debit Card when?
Iβm interested in these cards. In the meantime I visited The Lost Alaskan in Kaysville to request activation of Square BTC payments and I am emailing Burly Burger now.
Yep
100%