Spiral seeks moonshot ideas to boost Bitcoin payment adoption

Block: Block, Inc. is a financial technology company that operates Square and supports Bitcoin payments for merchants. Through its Spiral team, Block is soliciting community ideas to boost Bitcoin's role in everyday transactions amid competition from other digital assets. The company is positioned to help implement new approaches for increasing Bitcoin usage in payments. Spiral: Spiral is a Bitcoin development team focused on building infrastructure to make Bitcoin usable for everyday payments and transactions. It recently launched an open call for moonshot ideas to accelerate Bitcoin adoption in payments, citing that Lightning infrastructure and self-custodial wallets have advanced while stablecoins compete in the space. The initiative aims to shift Bitcoin's trajectory away from being viewed solely as digital gold. Jack Dorsey: Jack Dorsey is a technology entrepreneur and Bitcoin advocate who founded Twitter and serves as a key figure at Block, Inc. He has publicly argued that Bitcoin will only succeed if it functions as a daily currency rather than remaining limited to digital gold status. His perspective directly informs Spiral's current push for broader Bitcoin payments adoption within five years. Bitcoin Payments Focus: Bitcoin advocates are actively working to expand its use beyond store of value toward functional daily currency applications. Stablecoin Competition: Stablecoins are increasingly capturing market share in payments while Bitcoin infrastructure continues to mature.