Bitcoin isn\u2019t just something to hold anymore\u2014it\u2019s something to live on. That was the core message delivered by Miles Suter<\/a>, Bitcoin Product Lead at Block Inc.<\/a>, during his keynote at the Bitcoin 2025 Conference<\/a> today. Standing at the intersection of innovation and ideology, Suter laid out a vision where Bitcoin<\/a> isn\u2019t just a store of value\u2014but the internet\u2019s native currency. <\/p>\n \u201cBitcoin is at a crossroads\u2014on one hand it\u2019s never been stronger: a trillion in market cap, millions of holders, and even talk of nation-state adoption,\u201d Suter said. \u201cWe use Bitcoin to hold, to hedge, to opt out, but we rarely use it to live. At Block Inc., we believe that has to change.\u201d <\/p>\n Suter officially announced that Block is rolling out Bitcoin payment capability for merchants using Square POS, allowing them to accept bitcoin directly in-store. The move comes as part of a broader initiative Block calls the full bitcoin for business stack\u2014covering acquiring, managing, reporting, accounting, converting, lending, and taxes.\u00a0<\/p>\n \u201cThis is what makes Bitcoin an everyday currency for everyone,\u201d he emphasized. \u201cWe believe hard-working entrepreneurs deserve access to the full power of bitcoin.\u201d\u00a0<\/p>\n To prove the vision in action, Block helped power a Guinness World Record attempt<\/a> for the most Lightning payments in a day, hosted live at the conference. The goal: prove that Lightning payments<\/a> aren\u2019t just functional\u2014they\u2019re scalable, fast, and real.<\/p>\n Block\u2019s commitment isn\u2019t new. In 2020, the company put bitcoin on its balance sheet. In 2021, it co-founded the Bitcoin Clean Energy Initiative to fight the \u201cboiling oceans\u201d narrative. In 2022, Cash App became one of the first major platforms on Lightning. In 2023, it launched on-chain payments with Square. And in 2024, it helped defeat Craig Wright in court, \u201cstanding up for Satoshi.\u201d<\/p>\n \u201cThese aren\u2019t just headlines\u2014they\u2019re a pattern,\u201d Suter said. \u201cWe\u2019ve made it more accessible, more secure. Now we\u2019re focused on making it usable every day.\u201d<\/p>\n Cash App already ranks among the top bitcoin on-ramps in the U.S., accounting for nearly 10% of on-chain block space at any time. In 2024, Lightning usage grew 7x. \u201cBlock runs one of the top Lightning nodes globally. And here\u2019s what\u2019s wild\u2014it\u2019s working,\u201d he said.\u00a0<\/p>\n Block is now taking 10% of all profits from Bitcoin and adding it back to its balance sheet, and over 1,700 merchants are automatically converting part of their daily sales to Bitcoin.<\/p>\n \u201cIf Bitcoin just becomes digital gold, we failed the mission,\u201d Suter said. \u201cBitcoin payments validate Bitcoin. They make it real. Bitcoin is money.\u201d\u00a0<\/p>\n<\/p><\/div>\n![\"Miles](\"https:\/\/cdn-ilddnad.nitrocdn.com\/XgjmJNBNBbZQEuHAZVzgTqmzytAUTSfp\/assets\/images\/optimized\/rev-01957ec\/bitcoinmagazine.com\/wp-content\/uploads\/2025\/05\/Block-at-BTC-2025-1024x537.jpg\" "\\"Block")
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