Square majorly deals with payments processing software for startups. Introducing this Bitcoin cold wallets initiative puts Square a step closer to its competitor Cash App that is already facilitating Bitcoin purchases and sales.
Jack Dorsey’s enthusiasm with Bitcoin indicates that Square’s Bitcoin cold wallet is only the first of many to come involving the leading cryptocurrency. Jack Dorsey’s bio on Twitter only states #Bitcoin. He has also mentioned that in his lifetime, Bitcoin is the most important thing to work on. If he wasn’t working on Twitter or Square, he would have been fully behind Bitcoin.
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MarkRoberts
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