The adoption of Bitcoin as a means of payment is no longer a fringe idea. Thanks to players such as Jack Dorsey and Block, its use is becoming a reality for businesses and consumers. This development could ultimately strengthen global economic stability and freedom.
Jack Dorsey and his company continue to innovate and democratize Bitcoin
When it comes to the adoption of Bitcoin, Gresham’s Law is often cited: “bad money drives out good money.” According to this principle, people tend to hoard good money (such as BTC or gold) and use bad money (such as the euro or the dollar) for their everyday expenses.
However, this law only applies when the use of bad money is imposed by its status as legal tender. If this constraint did not exist, merchants and employees would naturally choose to be paid in the “good” currency rather than the “bad” one, until they used only the good currency in their daily transactions.
For the moment, Bitcoin as a means of payment is only used by enthusiasts and certain communities living in circular economies, such as the one in Berlin, El Salvador. But its use is gradually spreading as applications and protocols simplify the user experience.
Recently, Compass Coffee made headlines by becoming the first retailer to accept Bitcoin payments via a Square terminal, a tool developed by Block, the company founded by Jack Dorsey, creator and former CEO of Twitter.
Legendary coffeehouse with 27 locations @CompassCoffeeDC is showing off Square Bitcoin Payments at DC Fintech week right now.
Tell your senator to go give it a try! pic.twitter.com/AazPN6ljuB
— Miles 🌞 (@milessuter) October 15, 2025
This demonstration marks the launch of the new Bitcoin payment system developed by Square, which will be available to all merchants starting November 10.
Thanks to the integration of Cash App, another subsidiary of the Block group, businesses will be able to accept payments in BTC and determine the conversion rate to the fiat currency of their choice. If they keep 50% or more of their sales in satoshis, Square will offer processing fees for the first year.
Although often criticized, the Lightning Network, a Bitcoin overlay protocol that enables near-instantaneous transactions at very low fees, is becoming increasingly accessible. It is gradually establishing itself as a common language between different Bitcoin applications, such as Liquid, Ark, and Spark.
Paying with Bitcoin can contribute to a more stable economy
The growing adoption of Bitcoin reveals a clear trend: the global population is gradually moving away from the traditional banking system, whose structural flaws are becoming apparent. Facilitating its use as a means of payment could make BTC a real monetary alternative on a global scale.
With Bitcoin, everyone can benefit from a strong currency that is not programmed to devalue over time, backed by an international network, native to the Internet, and resistant to censorship by governments or financial institutions.
Adopting Bitcoin as a means of payment also means refusing to support the euro system. Holding and spending euros gives them value and, indirectly, finances increasingly strict public policies, military spending, and a short-term consumption model.
Conversely, using Bitcoin encourages saving, investing in more sustainable projects, and rethinking our relationship with value, far from the impulses of fast fashion and image-driven society.
