Bitcoin isn’t simply one thing to carry anymore—it’s one thing to reside on. That was the core message delivered by Miles Suter, Bitcoin Product Lead at Block Inc., throughout his keynote on the Bitcoin 2025 Convention in the present day. Standing on the intersection of innovation and beliefs, Suter laid out a imaginative and prescient the place Bitcoin isn’t only a retailer of worth—however the web’s native forex.
“Bitcoin is at a crossroads—on one hand it’s by no means been stronger: a trillion in market cap, hundreds of thousands of holders, and even discuss of nation-state adoption,” Suter mentioned. “We use Bitcoin to carry, to hedge, to decide out, however we hardly ever use it to reside. At Block Inc., we imagine that has to alter.”
Suter formally introduced that Block is rolling out Bitcoin fee functionality for retailers utilizing Sq. POS, permitting them to simply accept bitcoin straight in-store. The transfer comes as a part of a broader initiative Block calls the total bitcoin for enterprise stack—protecting buying, managing, reporting, accounting, changing, lending, and taxes.
“That is what makes Bitcoin an on a regular basis forex for everybody,” he emphasised. “We imagine hard-working entrepreneurs deserve entry to the total energy of bitcoin.”
To show the imaginative and prescient in motion, Block helped energy a Guinness World Report try for probably the most Lightning funds in a day, hosted reside on the convention. The aim: show that Lightning funds aren’t simply useful—they’re scalable, quick, and actual.
Block’s dedication isn’t new. In 2020, the corporate put bitcoin on its stability sheet. In 2021, it co-founded the Bitcoin Clear Power Initiative to battle the “boiling oceans” narrative. In 2022, Money App grew to become one of many first main platforms on Lightning. In 2023, it launched on-chain funds with Sq.. And in 2024, it helped defeat Craig Wright in courtroom, “standing up for Satoshi.”
“These aren’t simply headlines—they’re a sample,” Suter mentioned. “We’ve made it extra accessible, safer. Now we’re centered on making it usable every single day.”
Money App already ranks among the many high bitcoin on-ramps within the U.S., accounting for practically 10% of on-chain block house at any time. In 2024, Lightning utilization grew 7x. “Block runs one of many high Lightning nodes globally. And right here’s what’s wild—it’s working,” he mentioned.
Block is now taking 10% of all earnings from Bitcoin and including it again to its stability sheet, and over 1,700 retailers are mechanically changing a part of their every day gross sales to Bitcoin.
“If Bitcoin simply turns into digital gold, we failed the mission,” Suter mentioned. “Bitcoin funds validate Bitcoin. They make it actual. Bitcoin is cash.”
