This Litecoin Fork Sees An ‘Interesting’ Scenario Where It Might Surpass Bitcoin’s Demand On Jack Dorsey’s Square PoS
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Payment-focused token Dash (CRYPTO: DASH) posted a cheeky reply on Thursday to Block Inc. (NYSE:SQ) CEO Jack Dorsey regarding payments on the company’s point-of-sale platform.
The official X account of the open-source cryptocurrency responded to Dorsey, who had quoted Elon Musk’s statement: “The most interesting outcome is usually the most likely.”
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“Wouldn’t it be interesting if more Dash users are paying at Square merchants than Bitcoin in the next 5 years,” Dash said jokingly, referencing the recent move to enable Bitcoin payments on Square, Block’s point-of-sale business.
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DASH, a Litecoin (CRYPTO: LTC) fork, was launched in 2014 as a payment method with a privacy focus. As outlined in its whitepaper, DASH aims to improve upon Bitcoin by offering enhanced privacy features and faster transaction times.
DASH has surged 75% this year, spurred by a broader interest in privacy-focused coins.
As for Block, the new payment feature would let Square sellers accept BTC payments with no processing fees until 2027. Additionally, a “Conversion” feature will enable them to convert a portion of card sales into Bitcoin.
Image via Shutterstock
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