3 ms·
Surprised to see no bitcoin after all of dorsey’s crypto boosting.
by eyeball 5y ago
Surprised to see no bitcoin after all of dorsey’s crypto boosting.
- throw03172019 5y agoYou can send / receive Bitcoin on Cash app which is supported.
- obilgic 5y agowhole point of bitcoin is not needing a middle man :)
- encryptluks2 5y agoSo people can get a $30 fee to tip $1?
- seibelj 5y agoYou surely don’t think that actual dollars settle every time you pay with a credit card, Venmo, or PayPal? You realize that settlement takes weeks? Micro-paying with Bitcoin on a centralized platform like PayPal is essentially the same as dollars. Final settlement in BTC can come later when someone wants to withdraw their balance.
- dangrossman 5y agoCredit card settlements happen next business day, not after weeks. Venmo and PayPal transactions settle instantly. You can spend the money immediately. PayPal also supports instant bank transfers, so you can transfer it out and withdraw it from an ATM as cash a minute later if you'd like.
- sodality2 5y agoThey are referring to cash settlement, not spending ability, I believe ("You realize that settlement takes weeks?"). The difference is nearly unnoticeable to the end user, whether or not the actual cash is moved, because they can still spend it.
- m3kw9 5y agoMost people don’t have bitcoins
- ______- 5y ago> Surprised to see no bitcoin after all of dorsey’s crypto boosting This will eventually lead to crypto donations. They're Trojan-horsing that in eventually is my prediction.
- senbarryobama 5y agoIsn't Cash App built on BTC?