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Happy Birthday Satoshi Nakamoto.
Bitcoin started with a simple idea: open access to money for everyone.
Tomorrow at 9 a.m. ET, we will launch a modern version of Bitcoin Faucet; rewarding real-world BTC usage, whether buying, spending, or holding.
We see a lot of excitement around the @Square@ bitcoin payment announcement. To clarify what will actually be launched and when:
On Monday, 100% of new US sellers who qualify will be enabled by default (when using payments).
For existing sellers, we are starting with a smaller group (although very large) and will expand gradually.
While our latest TOS update gives us flexibility to grow over time, we are intentionally rolling this out gradually to ensure a smooth experience for our sellers.
As I mentioned earlier this week, we only have one chance to get this right, and we are doing it very deliberately.
Block is bringing back the bitcoin faucet.
The original, launched by Gavin Andresen in 2010, gave 5 BTC to anyone who completed a CAPTCHA.
That’s equivalent to $500,000 per person at today's prices. The new version will go live on April 6 #GateSquareAprilPostingChallenge .