Bitcoin on regular Cash Apps

[Z-tight]

Op, maybe you should share a link to this story. To those who do not know, Cash App has integrated BTC into their system a long time ago, as way back as 2018. You can buy BTC and you can also sell BTC for USD in-app. You can also send and receive BTC on-chain in Cash App, it's not a new feature.

So, i don't know what op is talking about, but since BTC is adopted in Cash App, then you could always use it to pay bills, provided the recipient accepts BTC on-chain.

[bitcoin-shark]

Introducing Bitcoin as an option on payment apps would certainly boost its adoption and awareness while expanding user choice; many banking apps already offer bitcoin wallets and investment options, but in my view, this undermines its fundamental nature—namely, anonymity and independence from banking systems.

[Hamza2424]

Personally, I think this move goes on to show another port folio in Bitcoins usefulness. Now imagine cash apps allowing it's users to settle bills with Bitcoin without having to hold Bitcoin. One can't help but ask is this diversity deviating from what Bitcoin was create to achieve?

Wait a second, so we don't have to hold or own any bitcoins and we can pay our bills in BTC? That means our fiat will be used to buy BTC, and then it will be sent to the receiver's side on-chain and probably into their Cash App. Haha, well, I haven't heard a better way to summarize this paradox.

This is not adoption, it's just basic conversion. But if someone really holds fiat in this app, why do they even have to use BTC as a payment option? The BTC payment option is for Bitcoin holders. I always wanted to pay my electricity bills in Bitcoin, but I don't want to because that would be like telling them I own Bitcoin. With these increasing breaches, the next thing these hackers will be doing is attacking those authorities to get all the data about us and where we live haha. No thanks.

[Odusko]

Introducing Bitcoin as an option on payment apps would certainly boost its adoption and awareness while expanding user choice; many banking apps already offer Bitcoin wallets and investment options, but in my view, this undermines its fundamental nature—namely, anonymity and independence from banking systems.

While reading on this from sources, I think the bitcoin payment gateway is a USD pair third-party liquidity providers, this make the whole cash app bitcoin thing to sound as more of a promotion for cash app presence in the cryptocurrency market, and less of real bitcoin adoption, alot have to be considered going dealing with this services that not truely decentralized payment gateways but claims to be just ti lure customers into letting go of their money to any third-party.

[FinneysTrueVision]

One that caught my eye was Jack Dorsey's cash app announcing  that users would soon be able to pay their bills using Bitcoin.

It would have been great if you had included a source for this because I couldn’t find any information about it. This would be a useful product for so many people and I could see CashApp or Square introducing this feature some time in the future. Yes, it might be a custodial payment app, but that doesn’t mean you have to hold your Bitcoin inside CashApp all the time. Just long enough to complete your payment would be enough.

It would be better if there was no centralized intermediary, but most service providers are never going to accept Bitcoin directly if we’re being realistic.

[Z-tight]

Personally, I think this move goes on to show another port folio in Bitcoins usefulness. Now imagine cash apps allowing it's users to settle bills with Bitcoin without having to hold Bitcoin. One can't help but ask is this diversity deviating from what Bitcoin was create to achieve?

Wait a second, so we don't have to hold or own any bitcoins and we can pay our bills in BTC? That means our fiat will be used to buy BTC, and then it will be sent to the receiver's side on-chain and probably into their Cash App.

Like i pointed out in my earlier post in this thread, i don't think the op fully understands the information they've shared in this topic. Cash App adopted BTC a long time ago, so you can hold/buy/sell/send/receive BTC through the app, but it is not recommended to do so, for obvious reasons. So, if there is any agency that accepts payments for bills in BTC, then you could always make such payments through Cash App, by sending BTC from your app into their wallet address.

[blockman]

One can't help but ask; if millions of people use Bitcoin without necessarily owning it, are payment companies finally finding a new way to keeping control over Bitcoin?

That's not control but a purpose. In El Salvador, it's a legal tender so they also pay their bills in bitcoin. But those companies doesn't have a way to control Bitcoin. What we see here is the use case of bitcoin and the usefulness of it that it's not just an asset to hold for a long time but, we can use it just like the regular cash that we pay for our things. Don't make yourself confused with it and the things to be complicated because from the very start, this is what satoshi wants and that's to be a peer to peer transaction and that involves using bitcoin as payment.

[Z-tight]

That's not control but a purpose. In El Salvador, it's a legal tender so they also pay their bills in bitcoin.

BTC is no longer a legal tender in El Salvador. And even when it was, their citizens hardly used BTC for anything, let alone to pay their bills. So many of them only downloaded Chivo wallet because of the $30 bonus you got for doing so.

[Zlantann]

That's not control but a purpose. In El Salvador, it's a legal tender so they also pay their bills in bitcoin. But those companies doesn't have a way to control Bitcoin. What we see here is the use case of bitcoin and the usefulness of it that it's not just an asset to hold for a long time but, we can use it just like the regular cash that we pay for our things. Don't make yourself confused with it and the things to be complicated because from the very start, this is what satoshi wants and that's to be a peer to peer transaction and that involves using bitcoin as payment.

You are right that some businesses or people pay bills with Bitcoin in El Salvador. But the law that made Bitcoin a legal tender in El Salvador was amended in 2025. Now, Businesses are not under any obligation to accept Bitcoin as payment for goods and services. There are some reasons why the use of Bitcoin as a currency is not popular. Government policies and price volatility are some of them. Investors now prefer to hodl it and make a profit when the price appreciates. Hopefully,  BTC will become less volatile in the future, as there are indications that it could become stable.