Thursday, May 17, 2018

'Speed and simplicity': How Square plans to bring bitcoin payments to the masses (Tearsheet)

Also see Jack Dorsey Is All In on Bitcoin as the Currency of the Future (Bloomberg)

"“We want to go back to that original idea of having people purchase a coffee with it,” Dorsey said at Consensus, the New York blockchain and cryptocurrency conference happening this week. “Our focus is [on] how we get this to an everyday currency… We won’t necessarily be the company that comes up with the right framework, algorithms or technologies, but I do believe we’ll help with the simplifying of it, making it more straightforward and helping educate” consumers as well as regulators.

To do that, Square is leaning on its original approach of helping people complete sales and move money, rather than bucketing itself as a card reader or a software company."
'Speed and simplicity': How Square plans to bring bitcoin payments to the masses
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