Square Cash, the Bitcoin Buying App, Becomes the Second Most Popular Application in United States

Square Cash, the Bitcoin Buying App, Becomes the Second Most Popular Application in United States

Share This!

The idea of Bitcoin adoption as an international currency is not at all new. Over the years, many financial experts have supported this idea with arguments. There are also many who oppose the idea and want to regularize the cryptocurrencies.

Jack Dorsey on Future of Bitcoin

In spite of the bear market in 2019, Twitter CEO seems quite hopeful and optimistic for Bitcoin’s future. In an interview for the podcast, Jack Dorsey says that Bitcoin is the only cryptocurrency that still meets the criteria of international adoption. He hopes that wider adoption of Bitcoin will influence the world society.

Here, it is noteworthy that Jack Dorsey has discussed about many issues in his two hour long interview. Addressing the topic of cryptocurrency Twitter CEO says that internet will have a common and native currency. He further says that Bitcoin will be that native currency because of the principles and purposes behind its creation.

Bitcoin, Cryptocurrency, Cash App

The iconic personality also says that birth, development, and testing of Bitcoin have taken place on the internet. Therefore, it is the native currency of the internet. Here, it is quite interesting that Dorsey had expressed the same optimism before the bear market in 2018.

His article published in British website ‘The Sunday Time’ revealed that he was enthusiastic about the future of Bitcoin and cryptocurrency. He said that both the world and the internet would have a single currency. He expressed that Bitcoin could be the common currency within 10 years.

In mid 2018, Dorsey reiterated the same idea in a speech. Bloomberg had reviewed that speech. This is enough to say that Twitter CEO has never remained pessimistic about the future of cryptocurrencies, especially the Bitcoin.

Integration of Bitcoin in Cash App

Answering a question on his ‘Cash App’ yesterday, he says that the company has integrated Bitcoin in its cash application to test the technology. Square Cash is the first publicly traded company to introduce this service. Here, it is important to mention that Square is the company that has discussed about Bitcoin with US Securities and Exchange Commission. The discussion with SEC has made them uncomfortable. Still, they want to understand the most critical and important issues in its adoption.

👉 Want to earn money with Bitcoin and other Cryptocurrencies without the pain and hassle of learning to trade from scratch? Imagine if you could trade and get regular results with profitable performance! Are you tired of the forex and crypto scams, false promises and games out there designed to separate you from your hard-earned funds? If any of that rings true with you, then STOP EVERYTHING. ProfitFarmers is for you! With their software working as your Crypto Co-Pilot, YOU remain as the Pilot with total control over your money, 100% of the time. ProfitFarmers is a trading tool that combines artificial intelligence with the expertise of veteran traders to deliver high-probability trade plans right into your hands. There’s no need to spend hours trying to figure out what to trade!
Thanks to their integration with Binance, the biggest cryptocurrency exchange in the world, ProfitFarmers executes your trades from entry to exit, you just choose the trade signals you like, pick your entry price and then let your Co-pilot take over the rest of the journey. Stay informed about every step of your money-making journey through push-notifications on their mobile app. Now there’s no need to constantly worry about your ongoing trades, just let your Co-Pilot handle it for you! This could easily be the holy grail of trading tools. Forget paying a guru to trade for you and take a massive cut of what you earn. With ProfitFarmers there are absolutely NO COMMISSIONS OR FEES ON YOUR TRADES. 100% of what you earn is 100% yours to keep. Period. Last quarter, ProfitFarmers produced 1,357 trade plans, and more than 60% of them offered peak gains of over +8%. By joining ProfitFarmers, you’ll never be short on money-making opportunities. Still wondering if this is too good to be true? ProfitFarmers has a 100% Money-Back Guarantee if they don’t deliver profitable opportunities onto their platform. If you are ready to upgrade your trading game and instantly expose yourself to profitable trade opportunities, now is the time. Head to ProfitFarmers now to start trading the easier way, with your very own Crypto Co-Pilot.

PS: ProfitFarmers is a Trading Tool. Your money ALWAYS remains in your Binance wallet, never on ProfitFarmers. 100% Verified and Recommended by

Bitcoin, Cash app, Cryptocurrency

With the integration of Bitcoin, ‘Cash App’ has become the second most liked iOS app in United States. Earlier, we have heard that tech giants Samsung and Sony are also planning to launch crypto apps. The main objective behind the launch of these apps is to extend the reach of cryptocurrency. This is because the experts are associating this bear market with limited reach of cryptocurrencies.

These crypto applications will enable people around the world to purchase crypto tokens with their local currencies. Initially, these will offer support for a few major cryptocurrencies. But, we can hope that the companies will add new trading pairs with the passage of time.

Speaking about ‘Cash App’ Jack Dorsey says that it will enable us to extend the reach of Bitcoin. It will enable us to serve more people around the world quickly. Also, the people around the world are considering it an asset and treating it like some virtual gold.

Dorsey clarifies that the company has imposed some restrictions for using this application. This is because people spent all their earnings to buy Bitcoin in the past. Some of those became rich while others lost everything in their lives. Thus, ‘Cash App’ will not accept payment through credit/debit cards. The users who intend to buy Bitcoin will need money in this app.

He also stressed on the use of this latest technology by saying that it will revolutionize the world finance. The technology will continue to march and the people who will not follow it will suffer defeat.

If You'd Like to Get Notified When This Site is Updated, Subscribe Below...

Leave a Reply

Your email address will not be published. Required fields are marked *

IQ Mining


Follow Us will not be liable for any damages incurred due to the usage of any information displayed on this website. The information and trading guides found on the website constitute the authors’ opinion only. Trading Forex, Binary options and Cryptocurrencies involve high-risk and are not suitable for all investors. Online trading in general, may not be legal in your jurisdiction. It’s visitors’ responsibility to make sure these entities are legal in their jurisdiction before engaging in trading activity. All trademarks, images and logos that appear on this site are copyrights of their respective owners and have been used under the Act of Fair Use.

Show Buttons
Hide Buttons