Willem Ave

It's one of the reasons why we launched this new neighborhoods product built into Cash App, because we want sellers to maintain and kind of

enhance the interactions that these sellers have with customers, mainly around loyalty programs and re-engagement.

I think the more that we can do that, the better it is for the seller and also over time, the better it is for customers.

I think effectively the whole space is fascinating.

And if I think just from a Square perspective, that we always want to help sellers accept any sort of

payment and just make the sale.

That's how we were founded and that's one of our core principles.

Sellers can't control how customers want to pay, which is why we truly believe helping sellers accept any type of payment is super important.

Back to my point about democratizing technology, there's a lot of talk around Wall Street having Bitcoin treasuries and all the other tools that they have.

I truly believe providing those as options to small businesses

and guard rails and guidance and education is important right um we should give sellers choice i believe that they're far more intelligent um and can make those decisions for for themselves and i think if you kind of see about all the investments and all the tools that we're building within the bitcoin space it's really that it's you know helping sellers accept bitcoin and they can settle in fiat they don't they don't have to take bitcoin that's fine

Bitcoin as a payment rail is super interesting.

Our goal is to make Bitcoin everyday money.

It doesn't mean you have to like hold Bitcoin, right?

You can choose to hold fiat if you'd like to.

And again, giving sellers that choice, I believe is super important.

The Bitcoin mainnet, like the Bitcoin network, isn't fast enough to transact.

However, Lightning is fast enough.

And this is where Block has made, I would say, monumental investments in the Lightning network.

We're one of the largest Lightning nodes.