Latest in Tomorrow

Image credit: MARK GARLICK/SCIENCE PHOTO LIBRARY via Getty Images

Square will offer its new crypto employees payment in Bitcoin

If they want it.
194 Shares
Share
Tweet
Share

Sponsored Links

MARK GARLICK/SCIENCE PHOTO LIBRARY via Getty Images

Payments startup Square is turning its attention to cryptocurrency. According to tweets from CEO Jack Dorsey, the company is hiring engineers and a designer to "work full-time on open source contributions to the bitcoin/crypto ecosystem."

There has been no further information beyond Dorsey's tweets, although it's notable that the new hires will have the option of being paid in bitcoin, something Dorsey has long championed as the world's single native currency of the future. Square's cash app already supports bitcoin purchases and sales, so it will be interesting to see what the team will be working on.

Dorsey added that building upon the current crypto ecosystem is "the most impactful thing" Square can do for the community right now, adding that "Square has taken a lot from the open source community to get us here. We haven't given enough back. This is a small way to give back, and one that's aligned with our broader interests: a more accessible global financial system for the internet."

All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.
Comment
Comments
Share
194 Shares
Share
Tweet
Share

Popular on Engadget

Test shows dark mode really can save battery life on OLED iPhones

Test shows dark mode really can save battery life on OLED iPhones

View
Los Angeles Fire Department wants to double its drone fleet

Los Angeles Fire Department wants to double its drone fleet

View
Sonar drone helps find a WWII Japanese aircraft carrier

Sonar drone helps find a WWII Japanese aircraft carrier

View
Next-gen hearing implants could overcome inner ear damage

Next-gen hearing implants could overcome inner ear damage

View
Amazon sellers are shipping long-expired food

Amazon sellers are shipping long-expired food

View

From around the web

Page 1Page 1ear iconeye iconFill 23text filevr