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Block's bitcoin checkout goes live in Vegas, a significant step in making it 'everyday money'

1. Square's new bitcoin checkout is live at Bitcoin 2025 on the Vegas Strip. 2. The system uses Lightning Network, enabling quick, low-cost bitcoin payments. 3. Block aims to make bitcoin an everyday currency by expanding merchant adoption. 4. Merchants using Bitcoin Conversions have reportedly increased bitcoin holdings by 70%. 5. Block plans to roll out bitcoin payments to Square sellers by 2026.

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Why Bullish?

The rollout of bitcoin payments could significantly increase transaction volume and merchant engagement, similar to Cash App's early bitcoin adoption driving its user growth.

How important is it?

The article discusses strategic initiatives that can drive significant growth in bitcoin usage, potentially influencing market perception and demand.

Why Long Term?

While immediate effects may be modest, the planned expansion and increased merchant participation can lead to lasting changes in bitcoin usage in retail.

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