Jack Dorsey and Square: Has PayPal Met Its Match?

The article discusses how Jack Dorsey and Square’s Cash App are making waves in the crypto world, offering a user-friendly platform for buying and owning Bitcoin. Unlike PayPal, CashApp allows users to actually hold their purchased bitcoins and use them for transactions. While PayPal has a larger user base, CashApp is considered a better tool for those interested in owning Bitcoin.

One drawback of CashApp is the $10,000 limit on bitcoin purchases, but it still provides more functionality than other platforms like PayPal. Square offers a more diverse range of cryptocurrencies compared to CashApp, making it a good choice for those looking to diversify their crypto portfolio.

Overall, Jack Dorsey’s support for crypto through Square’s Cash App highlights the growing importance of blockchain technology in the financial world. Despite his controversial decisions on Twitter, Dorsey is seen as a key player in the adoption of cryptocurrencies.