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Square, the payments firm owned by Jack Dorsey’s Block, is testing bitcoin payments over the Lightning Network this week at the Bitcoin 2025 conference in Las Vegas.
Conference attendees can make purchases by scanning a barcode, with payments processed nearly instantly via the Lightning Network. Square manages real-time exchange rates and payment confirmations on the backend, the company said in a press release.
The pilot will run for the duration of the three-day event and marks the first time Square has integrated Lightning-powered bitcoin transactions in a live retail setting.
Square plans to expand access to the feature later this year, with a full rollout expected in 2026, subject to regulatory clearance.
“This is about bringing fast, low-cost payments to sellers everywhere,” said Miles Suter, Bitcoin Product Lead at Block. “Bitcoin should be practical for everyday use.”
Block has been one of the most vocal corporate supporters of bitcoin, with Dorsey consistently backing the idea of a decentralized payment infrastructure.
If approved, the rollout would make Square one of the largest mainstream platforms to support Lightning transactions, ahead of many fintech competitors in terms of bitcoin integration.
Interestingly, a new theory linked Jack Dorsey to Satoshi Nakamoto after financial news editor Seán Murray compiled a list of coincidences that he believes tie the Twitter co-founder to Bitcoin’s anonymous creator.
Murray presented dates, timestamps, and cryptographic clues, arguing that Dorsey is “probably” Satoshi. However, the evidence remains circumstantial, and many in the crypto space remain skeptical.
Murray pointed out that Bitcoin’s first-ever transaction occurred on Jan. 11, which happens to be Dorsey’s mother’s birthday, while the last block mined by Satoshi on March 5, 2010, coincides with his father’s birthday.
He also claimed that Satoshi registered on the Bitcoin forum on Nov. 19—Dorsey’s own birthday—and that the original Bitcoin source code documents are all timestamped at 4 a.m., a time Dorsey once featured on his Twitter profile.
Additionally, Murray highlighted a Bitcoin address created by Satoshi that begins with “jD2m”, suggesting it could stand for “Jack Dorsey 2 Mint”, referencing Dorsey’s former San Francisco residence at 2 Mint Plaza.
