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Oh.
Nice
Jackโs contribution to Bitcoin is by far the most impactful.
๐งก
More John McAfee, Less Michael Saylor
damn
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I know no corporation is perfect but wow good job Block. Such a contrast to Coinbase.
Whoa whoa what???
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@jack is pulling out all the stops for Maxi Madness this year ๐
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Are all the businesses that use Square going to pop up on BTCmaps.com come April?
This means I can stop asking merchants to accept Bitcoin... Yes!
Hopefully itโll provide a report to them about how much btc was received and converted to fiat on their behalf
What does it mean to be an eligible seller?
This is sick. I hope most places are โeligibleโ. Also, cannot wait for the IRS to have to try to audit me to track cost basis. Good luck chumps. I canโt even figure it out and itโs my wallet. ๐คฃ
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If people add them. Meanwhile all the businesses on btcmaps is already on the cash app bitcoin map
Imagine the normies waiting for government approval.
Write a script
cashapp btc map is always crashing for me
thank fucking god
they'll also be creating all kinds of taxable events through this method lol
I assume at some point in the future if you want to pay with LN they will need kyc/aml info at check out so they can tax that or block/confiscate that spendโฆ
Imagine capital gains tax on a 5 dollar coffee. Hehe..
The time will come...
Resist the parasites.
Say no.
Noice
Meaning itโs for U.S based sellers (square operates in various countries) the feature is available in most U.S. states, but it is explicitly not available to sellers located in New York State due to regulatory requirements.
A quick google search wouldโve told you all of this btw
So this means that btcmap will explode!!!!
Oh boy. ๐ซ
How quick of a search? Best estimate?
2 searches less than 1 minute
Shaquille OโNealโs Project Is Next Level ๐ฅ
I wish this came to Ireland so bad
forget the noise
Reposted by @jack. Guess I donโt need my little โplease turn on bitcoin paymentsโ cards to handout anymore!
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I don't think it should be automatically added. It will become completely useless if the map just gets crowded out by 99.9% of the entries being square sellers that don't know what bitcoin is and auto convert to fiat. Bitcoiner owners should manually add their businesses if they have the setting to keep as bitcoin and withdraw to cold storage.
Set up your zapper... ASAP....
No. Send to your cold storage instead.
A+ year for Square
We are going to win
There may be more to it. Possibly KYB restrictions? Not all sellers have same business type / idv levels
Jack is gonna make them drink milk
When Square Australia Bitcoin? I know youโre busy! @jack
๏ผ๏ผ
@jack is out here advancing bitcoin and money. While you and the collectivists are trying to add monkey pics on Bitcoin.
didnโt even have to mention lightning. major kudos to you matt! an epic full lap around the square. find time to reflect and smile.
Sweeeet!