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A Square-powered bitcoin checkout is now live on the Vegas Strip, where Bitcoin 2025 attendees can scan and pay for merch in seconds using the Lightning Network.

Miles Suter

LAS VEGAS — Jack Dorsey’s latest bitcoin vision is hitting the checkout counter — starting with a merch truck parked just off the casino floor inside The Venetian.

This week at Bitcoin 2025, Square is piloting real-time bitcoin payments, letting attendees scan and spend crypto for T-shirts, hoodies, and hats at the BTC Inc. pop-up store. The system runs on Lightning, which settles transactions off the main blockchain and is faster and cheaper than traditional processing methods.

When customers scan the QR code at checkout, Square handles things behind the scenes, including real-time exchange rates and confirmation.

The Tuesday launch marks the public debut of Block‘s most ambitious move yet to make bitcoin “everyday money” — a pilot that’s expected to expand from the Vegas Strip to millions of merchants around the world.

Behind it all is Miles Suter, a longtime product leader at Block, who flew in early to oversee setup with his team.

Miles Suter, Bitcoin Product Lead at Block, helped oversee setup of the new Square bitcoin checkout — a pilot he calls a “significant milestone” in making bitcoin more accessible and usable.

Miles Suter

Suter joined the company in 2017, when Cash App’s bitcoin integration was still a hackweek experiment.

“They needed someone with deep familiarity with bitcoin and the community,” he said, calling himself “an early evangelist.”

Eight years later, he’s helping “connect the Blocks” — working across Cash App, Spiral, Bitkey, and Square to embed bitcoin into every layer of the company’s ecosystem. The Square rollout, he says, is a natural next step.

Block expects to begin offering bitcoin payments to eligible Square sellers later this year, with full availability targeted for 2026, pending regulatory approval.

The launch comes as bitcoin trades near all-time highs, a surge driven largely by the “digital gold” narrative that positions it as a long-term store of value rather than a day-to-day medium of exchange.

At the same time, stablecoin legislation is advancing in Congress, and more fintech giants are aligning behind tokenized dollars.

Block is taking a different path — one that centers on bitcoin.

Suter said the company’s strategy is rooted in the belief that a decentralized, permissionless currency remains critical to the future of the internet — and that bitcoin is still the best candidate to fill that role.

Asked about the lingering perception that bitcoin is better suited for holding than spending, Suter pointed to a familiar pattern. When Cash App first introduced bitcoin trading, he said, it was met with hesitation and doubt.

“But again, somebody’s got to be first,” he said. “And we feel like we have the right DNA to push things forward.”

Inside The Venetian, Block is testing real-time bitcoin payments at the BTC Inc. pop-up store — the company’s boldest move yet to bring the digital asset to everyday retail.

Miles Suter

He called the new Square rollout “a really significant milestone” in Block’s broader mission to make bitcoin more accessible and usable.

The product builds on Square’s “Bitcoin Conversions” tool, launched last year, which lets merchants automatically convert a portion of their daily sales into bitcoin. Block says it has rolled out the feature to more than 1,000 sellers so far — and those who opted in have seen their bitcoin holdings grow by roughly 70% over the past year.

This latest feature goes a step further, enabling sellers to accept bitcoin directly at the point of sale.

For businesses that don’t want to hold bitcoin, there’s no exposure risk. Payments can be instantly converted to dollars.

“If you just want to have it as another payment method — like Amex, MasterCard, or Visa — bitcoin is now potentially another option for you,” Suter said.

For those that do want to hold it, Block is building out what Suter calls a “Bitcoin for Business” stack — a full suite of tools to accept, convert, manage, and self-custody bitcoin.

“If you do want to accept it as bitcoin,” he said, “we give you a full suite of products to manage that as you see fit. That means being able to convert your daily sales, buy and sell from your U.S. dollar balance into bitcoin, and withdraw to self-custody at any time. It’s about giving our merchants more options and making sure they never miss a sale.”

Jack Dorsey’s Block is piloting bitcoin payments at Bitcoin 2025, turning a merch truck into a live Lightning-enabled checkout experience.

Miles Suter

The announcement comes amid renewed attention on corporate bitcoin strategy, as some publicly traded firms adopt the cryptocurrency as a treasury reserve asset. But Block is targeting a different segment of the market.

“There’s a lot of talk about corporate bitcoin right now,” Suter said. “But like we did on Cash App — which is very much about the little guy and bringing accessibility to everyone — we want small and medium-sized merchants to also be able to get the benefits of bitcoin.”

While Block hasn’t released specific metrics yet, Suter said merchants who participated in the Bitcoin Conversions pilot have all profited. “Every single seller is in the money and has made money based on converting a certain percentage of their daily sales,” he said.

Square’s bitcoin push joins a broader ecosystem at Block that includes Bitkey, its self-custody wallet; Proto, a line of bitcoin mining hardware and software; Spiral, its open-source development arm; and Cash App’s bitcoin trading functionality.

“We’re focused on making bitcoin everyday currency,” Suter said. “We believe that the internet needs a native currency, and that’s where all our focus has been today.”

Jack Dorsey-backed startup taps into geothermal, hydro and solar power to run bitcoin mines across Africa

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Tesla can’t buy land in Australia because CEO Elon Musk is so ‘[redacted]’ 

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Tesla can't buy land in Australia because CEO Elon Musk is so '[redacted]' 

Tesla is trying to use a piece of property in Australia, near Adelaide, in order to build a battery factory and Tesla showroom. But it’s facing steep opposition from locals, most of whom cite dissatisfaction with Tesla CEO Elon Musk as their reason to oppose the project.

The plans center on Marion, a small city of population 4,101, a suburb of Adelaide, the capital of South Australia.

Last month, a developer submitted plans to use a piece of land referred to as Chestnut Court Reserve, which has been inaccessible to the public since 2016 due to contamination concerns. Plans to develop the location would involve a requirement to clean up the contamination on the site.

They would also involve the cutting of several trees on the site, some of which have been deemed as “dead or ill health,” with a plan to plant trees at another site to make up for any removals.

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The developer said it would use this land to build a new fit-for-purpose factory facility that would be used by Tesla both as a showroom and service center for Tesla vehicles, and also a facility that could be used for “repurposing of Tesla batteries.”

The plan doesn’t go too deep into the specifics of how said repurposing would happen, but it could involve using Tesla vehicle batteries in Powerwalls, or in Tesla’s Powerpack grid storage projects, which are quite popular in South Australia, where they have helped to solve some of the region’s significant power stability problems.

The developer makes the case that Tesla already has a presence in the area in neighboring Tonsley, that Tesla’s mission (and the specific mission of a battery recycling center) supports the environmental goals of the community, and that the facility would create around 100 full-time jobs in the local community, including highly skilled jobs like battery researchers.

All in all, the developer thinks it would inject $56 million into the local community, quite a nice chunk of change for the small town.

And the city council also supports the plan, thinking that the job and economic benefits are worth it, particularly given that the land is not being used for anything else.

The plans were submitted, the residents were consulted, and now that all the chips are on the table… the residents aren’t having it.

Residents respond with a lot of language we shouldn’t say here

The local community gave significant pushback to this idea, with some ~95% of residents disapproving the plan. The city received 948 comments on the plan, which sounds like quite a lot for a city of 4,101 people. However, half of those comments came from outside the city’s area.

But among those comments from the immediate area of the development, only 11 comments favored the plans, with 121 opposing them (that’s 92% opposition).

Among the comments (quoted by The Guardian) come these gems, which wonderfully showcase the stereotypical Australian predilection for colorful language:

  • “Because Elon Musk is a [redacted] human being and a [redacted]!”
  • “Elon Musk and Tesla are a [redacted] on humanity”
  • “Elon Musk is a full blown [redacted]”
  • “Destroying trees to build a factory for a company owned by a [redacted] would be a vile choice”
  • “We should not support and put money in the pockets of a [redacted] who openly [redacted] salutes, is [redacted] human”

We’ll let you try to fill in some of those words, though we’re pretty sure what some of them are (and, honestly, while I somewhat understand the point of redacting profanity in public records, I’d say it is a little absurd to redact “nazi”).

The plans haven’t received their final vote yet, and the council still seems like it wants to convince the local community to go forward with them. But some residents suggest that the site could be better used by other companies, and that alternate uses could help to preserve that land and also avoid potential image concerns for the area as protests against Tesla continue globally.

Some other comments, perhaps wrongly, called the possible building “a noisy, ugly, planet-destroying temple to billionaires.”

While it’s disappointing to see a proposed recycling facility referred to thusly (although Tesla does have a questionable history when it comes to following local environmental rules), it’s just another sign of how Tesla CEO Elon Musk is drastically affecting the brand, and holding it back from its stated mission to advance sustainable transport.

Response shows once again that Musk is harming Tesla

The responses show just how damaging Tesla CEO Elon Musk has been to the company with his recent public advocacy, which has included performing back-to-back unambiguous Nazi salutes in front of a large crowd, agreeing with a defense of Hitler’s actions in the Holocaust, and many other white supremacist statements.

His advocacy hasn’t been limited just to the United States, where he is currently working to balloon the US deficit and is the largest funder of the republican party who are trying to tax EVs and send US jobs to China. He’s also meddled in other countries’ politics, including support for German neo-Nazis.

These actions have driven protests against the companyembarrassed owners and pushed many customers away, and even resulted in a hack that doxxed many Tesla owners.

The backlash, like Musk’s advocacy, has been global. Tesla sales are dropping in most regions, even as EV sales rise as a whole. Specifically in Australia, Tesla sales saw a big drop year-over-year. And this has applied to corporate customers too, with Tesla losing corporate sales as multiple companies have cited their distaste with the CEO.

While Musk has tried to brush these falling sales numbers off, it’s clear that he personally is doing incredible brand damage to the company.


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Plenty of Tesla alternatives and a new Ford Pro team to help pay for them

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Plenty of Tesla alternatives and a new Ford Pro team to help pay for them

For years, Tesla has been the go-to EV recommendation for “normals” looking for a painless, low-effort experience from their first electric cars, but Elon Musk’s political antics are causing people to shop elsewhere. On today’s episode of Quick Charge, we’ll discuss some options … and how you might be able to pay for them!

Speaking of Tesla alternatives, the Ford F-150 Lightning is the electric truck sales king once again, while the E-Transit van is now selling for the same (or less) than the gas version and Ford Pro launches a new incentive consulting service to help you pay for them.

Prefer listening to your podcasts? Audio-only versions of Quick Charge are now available on Apple PodcastsSpotifyTuneIn, and our RSS feed for Overcast and other podcast players.

New episodes of Quick Charge are recorded, usually, Monday through Thursday (and sometimes Sunday). We’ll be posting bonus audio content from time to time as well, so be sure to follow and subscribe so you don’t miss a minute of Electrek’s high-voltage daily news.

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Got news? Let us know!
Drop us a line at tips@electrek.co. You can also rate us on Apple Podcasts and Spotify, or recommend us in Overcast to help more people discover the show.


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BYD takes control in another key EV market as its global push heats up

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BYD takes control in another key EV market as its global push heats up

The world’s leading electric vehicle (EV) maker is rapidly expanding overseas. After taking control of vehicle sales in Germany last year, BYD is about to do the same in another key overseas EV market.

BYD to take control of EV distribution in Australia

Last August, BYD reached an agreement with Heden Mobility Group to acquire Heden Electric, which was responsible for importing its vehicles and spare parts for sale in Germany.

The move gives BYD more control over pricing and other areas of distribution as it expands the brand overseas. By taking over control, the company can sell its vehicles directly to buyers. And, it can also set prices.

According to EVDirect, BYD’s official distributor in Australia, the company is preparing for a similar move in the region. Luke Todd, founder and chairman of EVDirect, said the takeover would help unlock BYD’s potential in Australia.

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Todd said the first phase was proving that the “BYD brand would thrive here,” and the next phase will make EV ownership “easier and more accessible than ever.”

BYD-control-EV-distribution
BYD Sealion 7 electric SUV (Source: BYD)

Since launching its first vehicle, the Atto 3 SUV, in 2022, BYD has become one of the fastest-growing car brands in Australia.

BYD now offers a complete lineup of six vehicles, ranging from the low-cost Dolphin and Atto 3 to mid-size SUVs (Sealion 6 and 7), electric sedans (Seal), and even a pickup (Shark 6).

BYD-control-EV-Australia
BYD Shark PHEV pickup truck launch in Australia (Source: BYD)

Earlier this year, the company introduced a new entry-level “Essentials” trim, slashing prices across its entire lineup.

According to TheDriven, BYD has three of the top 10 best-selling electric vehicles (EVs) in Australia as of April. The Sealion 7, launched in just February, placed fifth with 1,473 units sold, trailing the Tesla Model Y (3,394), Model 3 (2,266), MG4 (1,698), and Kia EV5 (1,509).

BYD-control-EV-Australia
BYD Sealion 7 launch event in Australia (Source: BYD)

BYD’s Atto 3 took sixth (956) while the Seal (637) and Dolphin (431) placed ninth and 14th through the first four months of 2025, respectively.

Taking control of distribution is expected to help improve service for current BYD drivers and will likely boost EV adoption in Australia.

Electrek’s Take

BYD’s sales are surging in China and overseas. In April, BYD sold more electric vehicles (EVs) in Europe than Tesla for the first time. Now, it’s launching its best-selling and most affordable electric car, the Dolphin Surf (also known as the Seagull EV in China).

S&P Global Mobility is calling for BYD to more than double its sales in Europe this year to around 186,000 units.

And clearly it’s not just Europe. BYD is quickly establishing its presence in major overseas markets, including Mexico, Brazil, Thailand, Australia, New Zealand, and many others.

With local production coming online and new, custom-tailored vehicles launching, BYD is laying the groundwork to continue gaining global market share over the next few years as the industry shifts toward electric vehicles. And that’s not even scratching the surface, with BYD’s new battery and ultra-fast EV charging technology set to change the game.

Source: EVDirect, TheDriven

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