This Litecoin Fork Could Potentially Exceed Bitcoin's Demand on Jack Dorsey's Square PoS in an 'Intriguing' Situation
Dash's Response to Jack Dorsey: Dash humorously suggested that it could surpass Bitcoin in payments at Square merchants within five years, responding to a tweet from Block Inc. CEO Jack Dorsey about payment trends.
DASH Overview: Launched in 2014 as a fork of Litecoin, DASH focuses on privacy and faster transactions, and has seen a 75% increase in value this year due to rising interest in privacy-centric cryptocurrencies.
Block's New Payment Features: Block's point-of-sale platform, Square, will allow sellers to accept Bitcoin payments without processing fees until 2027 and includes a feature to convert card sales into Bitcoin.
Market Performance: As of the latest data, DASH was trading at $66.65, while Block's shares experienced a decline of 0.69% in pre-market trading after a 5.28% drop during regular trading.
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