The Blockspace Podcast: Did Jack Dorsey Fix The Bitcoin Merchant Problem?

The Blockspace Podcast: Did Jack Dorsey Fix The Bitcoin Merchant Problem?

Cash App & Square roll out Bitcoin payments at 4M+ merchants. Jack Dorsey leverages Lightning Network to compete with Visa/credit card fees. Plus: the controversial Bitcoin denomination change that's dividing the community. We break down Jack Dorsey's massive Bitcoin rollout across Cash App and Square—4M merchants can now accept BTC payments via Lightning and mainnet. We explore how Bitcoin rails are undercutting Visa/Amex fees, the Strike-style settlement strategy, and the controversial BIP 177 denomination debate. Subscribe to the newsletter! https://newsletter.blockspacemedia.com **Notes:** • 4M Square merchants now accept Bitcoin payments • Credit card fees range from 2-6% per transaction • Cash App uses Lightning Network for settlements • BIP 177 proposes renaming Satoshis to Bitcoins • 100M Satoshis equal one Bitcoin • Jack Dorsey owns Block, Square, and Cash App Timestamps: 00:00 Start 00:46 CashApp & Square updates overview 03:52 Bitcoin rails 09:36 Network effects 13:59 150 features 21:08 Bits are BACK - 👋The Blockspace Podcast is produced Blockspace Media, Bitcoin’s first B2B publication in Bitcoin. Follow us on Twitter and check out our newsletter for the best information in Bitcoin mining, Ordinals and tech! Enjoy the show? Check out our website and newsletter by clicking here. Questions or want to sponsor? hello@blockspace.media

Episoder(3951)

'Crypto vs. Banks' Is the Wrong Debate, CEO Says

'Crypto vs. Banks' Is the Wrong Debate, CEO Says

Will there be a stablecoin deal? Crypto Council for Innovation CEO Ji Hun Kim joins Renato Mariotti and Rebecca Rettig to bring a little optimism to the ongoing crypto legislation debate. He breaks ...

10 Apr 11min

Trump-Linked World Liberty Financial Raises Insider Access Questions | CoinDesk Daily

Trump-Linked World Liberty Financial Raises Insider Access Questions | CoinDesk Daily

Trump's World Liberty Financial uses five billion WLFI to borrow $75M from a platform its adviser co-founded. On-chain data analyzed by CoinDesk shows World Liberty Financial used its own stablecoin ...

10 Apr 2min

Why 35% of Bitcoin Is Vulnerable to Quantum Attacks | Markets Outlook

Why 35% of Bitcoin Is Vulnerable to Quantum Attacks | Markets Outlook

What quantum means for Satoshi's bitcoin with Project Eleven CEO Alex Pruden. Two recent landmark papers dramatically shortened the timeline for a quantum threat to blockchain security. Project Eleve...

9 Apr 29min

Why Iran Wants Crypto for Strait of Hormuz Tolls | CoinDesk Daily

Why Iran Wants Crypto for Strait of Hormuz Tolls | CoinDesk Daily

Iran wants bitcoin and stablecoins for Strait of Hormuz toll payments. Iran is now accepting bitcoin and stablecoins from cargo ships transiting the Strait of Hormuz, charging $1 per barrel of oil. E...

9 Apr 2min

Blockspace: Iran Taxes Oil Tankers in BTC, Morgan Stanley Launches BTC ETF, the NYT Hunts for Satoshi

Blockspace: Iran Taxes Oil Tankers in BTC, Morgan Stanley Launches BTC ETF, the NYT Hunts for Satoshi

Iran reportedly wants shipping companies to pay a toll in BTC to leave the Strait of Hormuz, and the NYT thinks it has cracked the case on Satoshi’s identity. Get your tickets to OPNEXT 2026 befor...

9 Apr 1h 27min

Morgan Stanley Launches Cheapest Bitcoin ETF | CoinDesk Daily

Morgan Stanley Launches Cheapest Bitcoin ETF | CoinDesk Daily

Morgan Stanley's spot Bitcoin ETF is here. Morgan Stanley's spot Bitcoin ETF begins trading today under the ticker MSBT, making it the first proprietary Bitcoin fund from a major U.S. bank. With 16,0...

8 Apr 2min

Are AI Giants Coming for Bitcoin Miners' Power? | CoinDesk Daily

Are AI Giants Coming for Bitcoin Miners' Power? | CoinDesk Daily

Will AI companies fight bitcoin miners for energy infrastructure? Anthropic's multi-gigawatt compute deal with Google and Broadcom highlights how AI companies are now directly competing with bitcoin ...

7 Apr 2min

Blockspace: Matt Odell on OpenSats’ 17th Grant, $270M Drift Hack, Charles Schwab Eyes BTC Trading

Blockspace: Matt Odell on OpenSats’ 17th Grant, $270M Drift Hack, Charles Schwab Eyes BTC Trading

Matt Odell joins the show to discuss OpenSats’ 17th grant round, and Ben Carman also joins to explain why the Austin Bitdevs meetup is saying sayonara for now. Get your tickets to OPNEXT 2026 befor...

7 Apr 1h 8min

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