Core Viewpoint - Block's payment platform Square has initiated a real-time Bitcoin payment system at the Bitcoin 2025 conference, marking a significant step in its strategy to promote Bitcoin as a "daily currency" [1] Group 1: Company Strategy - Block's strategy is rooted in the belief that decentralized, permissionless digital currency is crucial for the future of the internet, with Bitcoin being the best choice for this role [3] - The company plans to gradually open Bitcoin payment functionalities to qualified merchants this year, aiming for full rollout by 2026, pending regulatory approval [1][3] - Block is focusing on small and medium-sized enterprises (SMEs) to benefit from Bitcoin, rather than just large corporations [4] Group 2: Product Features - The new feature based on Square's "Bitcoin Conversions" tool allows merchants to accept Bitcoin payments directly, with over 1,000 merchants currently using this functionality [3] - Merchants can choose to convert their daily sales into Bitcoin or cash out to avoid volatility risks, with all participating merchants reportedly making profits [4] - Block is developing a "Bitcoin for Business" suite that includes services for payment acceptance, conversion, management, and self-custody [3][4] Group 3: Market Context - Bitcoin's price is nearing historical peaks, and its recognition as "digital gold" continues to rise, while U.S. Congress is advancing stablecoin legislation [2] - Financial technology giants are increasingly focusing on tokenized dollars, but Block maintains a unique focus on Bitcoin [2][3]