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Anyone know if this works for Square in Japan? I have been talking to some merchants, if it could just be turned on that would be awesome. @bradjpn

Hey thanks for the tag. Unfortunately no. I don't know how Square US handles the conversion on the back end, but they either need an in-house liquidity desk or exchange partner to offer real-time fiat payout of bitcoin payments. Obtaining the license to engage in that in Japan would take quite a while; partnering with a Japanese exchange would likely be quicker but still a heavy lift. Many compliance hoops to jump through.

So it would take someone senior at Square Japan who's also a bitcoiner and seriously committed to seeing this happen, and I'm not sure such a person exists, nor how closely Square Japan follows what Square US does. Based on my company's usage of Square, they seem fairly separate.

That said, I'd absolutely love to see this happen, so if anyone at Square happens to be reading this, not that I have much to offer but I'm happy to shoot the shit about what this would entail, and make introductions if I can. I'll also hit up my normie friends who work at Square Japan and see what the vibe is.

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124 sats \ 1 reply \ @bradjpn 18 Jun

Follow-up, I asked my friend who works at Square Japan and she said she doesn't know anyone passionate about bitcoin there and that US and Japan have completely different strategies.

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Thanks for checking.

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