The post Jack Dorsey says Square is working on allowing Bitcoin payments appeared on BitcoinEthereumNews.com.

CEO of Block, Jack Dorsey confirms that the platform is currently working on accepting Bitcoin payments on its Square terminals and Bitkey. In a recent interview with Bitcoin News, Jack Dorsey stated that Bitcoin (BTC) will have “failed” if it ends up being just a “store of value.” He emphasizes the importance of using Bitcoin as a currency for every day payments in order for the cryptocurrency to remain relevant to the public. “I think if it doesn’t transition to payments and find that everyday use case, it just gets increasingly irrelevant. And that’s failure to me,” stated Dorsey in the interview. At press time, Bitcoin has gone down by 1.8%. BTC is currently trading hands at $83,078. It has managed to maintain a market cap of $1.6 trillion, the largest among all cryptocurrencies circulating in the crypto market today. not a simple flip of a switch but we are doing it — jack (@jack) April 3, 2025 Manna Bitcoin Wallet founder Adam Simecka criticized Dorsey’s comments by pointing out that the former Twitter CEO has still failed to make Bitcoin payments available for users on Block’s Bitkey and Square’s terminals. “It would be a simple flip of a switch and it hasn’t happened. This should have been the follow-up conversation,” said Simecka in a post that quoted Jack Dorsey’s interview. Price chart for Bitcoin in the past 24 hours, April 3, 2025 | Source: crypto.news Dorsey responded to Simecka by stating that it is not as simple as he made it out to be. Despite that, he confirmed that the Block team is currently working on making Bitcoin payments acceptable on the platform and on Bitkey. “Not a simple flip of a switch but we are doing it,” said Jack Dorsey in a recent post. Dorsey has been known…

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Filed under: News - @ April 3, 2025 2:27 pm