Tech Update: Square Now Selling Bitcoin? by techblogger

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bitcoin · @techblogger · Nov 15 '17

$38.58

Tech Update: Square Now Selling Bitcoin?

https://cdn.macrumors.com/article-new/2013/10/squarecash.jpg

I've seen so many amazing developments in terms of BTC mass adoption this year. It's had an epic rise from just over a thousand to more than 7,000 USD at its peak. It's been used to purchase houses and luxury cars and it has had several forks this year creating even more wealth for cryptocurrency investors. 

Today I read an article entitled 'Square's Cash App: A New Place To Buy And Sell Bitcoin?' published by Forbes and I was shocked when I thought about the implications of this new development in BTC. 

>The app, which is used for payments between friends and is a competitor to Venmo, has also given them the option to buy or sell Bitcoin.

>A few rejoiced on Twitter -- probably much to the delight of Square CEO Jack Dorsey, who is also CEO of the social media site.

I've been a diehard BTC and cryptocurrency fan since the beginning of this year and its only been since recently that I truly understood blockchain, the underlying technology and what makes BTC so special in terms of an asset and a means of settling payments or investing in other cryptocurrencies. 

Square is a huge company and if they are selling BTC now, that means that even more growth can be expected from the godfather of all cryptocurrencies this year and the years to come. 

>A Square spokesperson said in a statement: “We’re always listening to our customers and we’ve found that they are interested in using the Cash App to buy Bitcoin. We're exploring how Square can make this experience faster and easier, and have rolled out this feature to a small number of Cash App customers. We believe cryptocurrency can greatly impact the ability of individuals to participate in the global financial system and we're excited to learn more here.”

https://images.pexels.com/photos/34591/pexels-photo.jpg?w=940&h=650&dpr=2&auto=compress&cs=tinysrgb

In my opinion, this is an incredibly bold move by such a large payment processing company and opens the door into even more widespread mass adoption. The age of cryptocurrency is upon us so load your bags, it looks like Santa may be bringing gifts early this year! 

What do you guys think about this development? 

Thanks for reading.

Square's Cash App: A New Place To Buy And Sell Bitcoin? - Forbes

👍 reggaemuffin, booster, coral-reef, done, matt-a, bcc, pushup, nasgu, sneaky-ninja, upgoater, itchykitten, inertia, steemsports, supermeatboy, allyouneedtoknow, thecryptodrive, lovejuice, livingfree, cryptoeagle, steemshiro, webdeals, hedge-x, bulleth, forexbrokr, carlosd15, maxbullion, kotturinn, steembusiness, cryptastic, prosirius, choogirl, condra, boxmining, scooter77, proctologic, stayoutoftherz, rest100, oregonpop, danielsaori, samrg472, kurtbeil, framelalife, mrslauren, gyanibilli, dimon14, lucky-sable, grey580, nicnicy, liberty-minded, trendwizard, arsenal49, morkrock, g-dubs, rival, agoric.systems, jimjam1210, pickled, jasonshick, dcasia, crypto2day, transhuman, amreshchandra, steemcollator, mikegun, and 190 others

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@booster · Nov 15 '17

<p>This post has received a 11.06 % upvote from @booster thanks to: @techblogger.</p>

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@coinbreakdown · Nov 18 '17

This is great news! It's about time to see an established startup (this sounds like an oxymoron but you get my point) having bitcoin on their offers. Let's see when Amazon and others follow

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@coincheckup · Nov 16 '17

### Very good post.

<hr>

https://nexibeo.com/coincheckup/logo-signature.png

[Visit CoinCheckup.com](https://coincheckup.com/?utm_source=comments_on_blogs&utm_medium=link&utm_campaign=Steemit_comments_on_blogs) | [SteemIT - Daily Technical Analysis](https://steemit.com/@coincheckup)

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@cryptoeagle · Nov 15 '17

$0.24

The more the merrier! Bitcoin is going mainstream right in front of our eyes

👍 cryptoeagle

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@cryptostache · Nov 15 '17

wow! Your move Venmo!

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@leggy23 · Nov 15 '17

$0.12

Wow, no way. i use cash app. this is amazing. got to check it out.

👍 cryptoeagle, leggy23

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cryptoeagle	0 B		57,251,036,456	50%

@lovejuice · Nov 15 '17

<p>This post has received a 10.00 % upvote from @lovejuice thanks to: @techblogger.  They love you, so does Aggroed.  Please be sure to vote for Witnesses at https://steemit.com/~witnesses.</p>

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@ponts · Nov 15 '17

This is just the kind of adoption that bitcoin and cryptocurrencies need!

👍 techblogger

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@pushup · Nov 15 '17

<p>29.24% @pushup from @techblogger</p>

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@seoshohidul · Nov 15 '17

Bitcoin Is best coin 
https://steemit.com/life/@seoshohidul/boy-hotel-owner-hundred-year-old-dad-s-shelter-in-the-streets

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@hedge-x · Nov 15 '17

lol

👍 seoshohidul

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@shanishah · Nov 15 '17

![I-Love-This-Post-Funny-Horse-Meme-Picture.jpg](https://steemitimages.com/DQmUZqXtAbmRYpEA3eWB1M2RYD67CfBkim8bypD7u9XcCTs/I-Love-This-Post-Funny-Horse-Meme-Picture.jpg)

👍 shanishah

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@sneaky-ninja · Nov 15 '17

<p><br><img src="https://steemitimages.com/DQmagaXd58gKdpoqHrPnzVPLDZANaCKpYHEFrjrLL6yCXPv/sneaky-ninja-two-swords-story-sneaky-ninja-thealliance-steem-steemitcomics%20small.jpg" alt="sneaky-ninja-two-swords-story-sneaky-ninja-thealliance-steem-steemitcomics small.jpg" />
<br>
Sneaky Ninja Attack!!
<br>
You have been defended with a 19.38 % upvote!
<br>
To help keep my Jōki (蒸気) power strong I rely on the townspeople of Sōsharumedia (ソーシャルメディア).
<br>
I was summoned by: @techblogger.
<br>
I have done their bidding and now I will vanish...
<br><br>
woosh</p>

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@upgoater · Nov 15 '17

<p>This post has received a 45.45 % upvote from @upgoater thanks to: @techblogger.</p>

properties (22)