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.”
Brazil, a nation renowned for its vast landscapes and vibrant urban centers, is a fascinating case in the worldwide adoption of electric two-wheelers. Despite a robust two-wheeler market, with sales reaching approximately 1.9 million units in 2024, the adoption of electric motorcycles has been relatively modest. However, recent developments signal a shift towards electrification is gaining momentum and that the country is on the cusp of a significant transformation in its transportation sector.
That would come as welcome news, considering Brazil’s electric grid is already comprised of 90% renewable energy, making it ideal for a shift away from noisy, polluting motorcycles and towards electric alternatives.
In the first quarter of 2024, electric motorcycle sales in Brazil experienced a remarkable 105% increase compared to the same period a year before, totaling 3,452 units sold. This surge is attributed to a combination of factors, including heightened environmental awareness, urban congestion challenges, and the expansion of charging infrastructure.
The absolute sales numbers are small, sure. But that the rate of sales is increasing is a positive sign. And as InsightEV pointed out, despite the vast size of Brazil, with the 5th largest landmass in the world, the population of over 200 million is largely congregated along the eastern coast, with many in cities ideal for electric motorbike use.
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Several companies are at the forefront of this electric mobility wave. Manufacturers like VMoto offer urban electric motorbikes designed with long ranges for commuters and utility riders, which have become the #1 bestselling electric models in Brazil. Local companies like Auper claim they’ll be able to offer homegrown high-performance electric motorcycles. At the same time, local startups like Vammo, which offers Gogoro-style battery swapping, have made those electric motorbikes even more useful by removing the need to charge their batteries. Instead, riders roll up to battery swap stations and ride away with a fully charged battery in less than a minute.
International players are also recognizing Brazil’s potential in the electric two-wheeler market. Yamaha, for instance, has announced plans to launch its Neo’s electric scooter in Brazil, marking its first electric scooter manufactured in the country. Production is set to commence in Manaus, leveraging the city’s strategic location and industrial capabilities.
As Brazil navigates this transition, a combination of government support, technological innovation, and market demand positions the country to become a significant player in the global electric motorcycle landscape. The coming years will be pivotal in determining the trajectory of electric mobility in Brazil, with implications for environmental sustainability and urban transportation efficiency. But with a large population concentrated in many coastal cities and a national grid that is almost completely based on renewable energy, few other countries currently such drastic advantages of two-wheeled electrification compared to Brazil.
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It was worrying a month away from the start of the service and in comparison to Waymo, which tested its system with safety driver for 6 months and without safety drivers for another 6 months before launching in Austin earlier this year.
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Now, CEO Elon Musk has confirmed that the previous report was true as he announced that Tesla has been testing the service with “no one in driver’s seat” only for the “past several days”:
For the past several days, Tesla has been testing self-driving Model Y cars (no one in driver’s seat) on Austin public streets with no incidents. A month ahead of schedule.
He claimed that it is “a month ahead of schedule”, but he has also said that Tesla would launch the service to paid customers in June.
If true, it would imply that Tesla didn’t plan to test the service without a safety driver in the vehicle.
The CEO then added that Tesla will deliver a car to a customer from the factory using self-driving next month:
Next month, first self-delivery from factory to customer.
Tesla is planning to launch a small fleet of 10 to 20 Model Y vehicles for its robotaxi service in Austin next month.
Bloomberg recently reported that Tesla is aiming for June 12, but the date could change.
The service is expected to be using “heavy teleoperation.” Musk nor Tesla confirmed the level of teleoperation, but it could be significant as one teleoperator per car.
Over the last few days, several reports came out pointing to Tesla not having communicated important part of the planned rollout of the service to local authorities.
Electrek’s Take
At this point, I think this is either going to be fake, meaning an extremely high level of teleoperation, or a complete shit show, or both.
Musk claims to be “a month ahead of schedule” even though Tesla started testing its service without safety driver about 2 weeks before the planned start of the service. That’s ridiculous.
It’s not victory to have “no incidents” after a few days of testing. You need to have no incidents over months of testing and hundreds of thousands of miles before launching.
At this point, I’m praying that Tesla is launching this in a small geo-fenced area without highways or any high speed driving to limit potential dangers and to ensure teleoperators can increase safety. But even then, I fear there will be avoidable crashes.
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Tesla’s sales have fallen 87% in Quebec in the first quarter 2025 compared to the same period last year.
The critical Canadian market has been wiped out, and Tesla is no longer importing new vehicles.
Quebec is the leading EV market in Canada, with the highest adoption rate of new electric vehicles.
That’s due to incentives, cheap hydro electricity, and a strong base of EV enthusiasts.
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As the EV leader in North America, Quebec became an important market for Tesla.
However, Tesla’s market in Quebec is now gone.
We don’t have all Canadian data for vehicle registrations in the first quarter; however, Le Devoir managed to obtain data for Quebec from the Société d’assurance automobile du Québec (SAAQ), which revealed that Tesla delivered only 524 vehicles in Quebec during Q1 2025.
That’s down 87% compared to Q1 2024.
The pause in the Quebec and federal EV incentive programs contributed to the sharp decline, but the pause also happened in the quarter, which helped sales by creating urgency to buy and take delivery.
However, it also created an awkward situation for Tesla in which it was accused of filing thousands of questionable requests for incentives worth $42 million CAD, which it later claimed was a backlog of deliveries that it hadn’t filed yet.
This controversy added to growing brand damage for Tesla in Quebec and the broader Canada due to its CEO Elon Musk’s backing of Donald Trump, who is openly calling for the US to annex Canada.
Tesla’s Canadian Troubles are not over
While Q1 2025 was bad, Q2 could prove even worse. Tesla had to increase prices in Canada in April due to the Canadian government slapping 25% tariffs on its vehicles in response to Trump’s trade war.
The combination of the end of some incentive programs, the higher prices, and the degrading sentiment for Tesla in Canada and Quebec is leading to very few sales in the market.
A source familiar with the matter said that Tesla doesn’t plan to import more vehicles in the country this quarter due to low demand.
The broader EV market in Canada declined 45% in Q1 due to the pause in the incentive program, but Tesla’s decline was much sharper, indicating larger issues than just the lack of incentives.
Electrek’s Take
The situation for Tesla in Canada is even worse than in Europe right now. It’s not the largest market in terms of size, but it has a significantly higher EV adoption rate than the US and has helped Tesla in North America.
As long as the tariffs are in place, there’s little hope for Tesla in Canada.
Even if they are removed, which I hope happens soon, as it would mean a de-escalation of Trump’s dumb and illegal trade war, Tesla is still going to have major brand issues due to Musk’s backing of Trump and him saying some foolish things like “Canada is not a real country.”
All of those factors add to Tesla’s aging and limited lineup, which too heavily relies on Model Y, which had a refresh that wasn’t significant enough to revitalize sales.
It’s really hard to be optimistic about Tesla right now.
In Canada, Tesla currently has some inventory of the new Model Y, which it managed to secure before the tariffs. If you’re interested in a Cybertruck, there are plenty available. Although, I have a feeling that you are better off waiting a bit as I assume prices will come down.
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