đź’° Everyday Bitcoin
Block is doubling down on Bitcoin, aiming to transform it from a volatile asset into a practical payment system for everyday transactions.
Jack Dorsey’s Block is betting big on Bitcoin’s transformation from speculative asset to everyday payment rail.
Better known in Australia for running Square — one of the country’s most widely used payment systems — and for buying Afterpay, the homegrown buy now, pay later powerhouse it acquired for $39 billion, Block’s ambitions now stretch well beyond what many Australians associate with the brand.
“We build tools to help people participate in the economy” is how Chrysty Esperanza, Block’s chief legal officer, explained it during an interview at the company’s Melbourne office, which now houses 10% of its global workforce.
She travelled to Australia with Amanda Anderson, Block’s head of government relations, for the ASIC Conference and meetings on payments reform and emerging digital-asset legislation, alongside Georgia Westbrook, the company’s APAC regulatory lead.
