The Bitcoin Angle Could Give Square Stock an Edge [Yahoo! Finance News]
Block, Inc. Class A, (SQ)
Last block, inc. class a, earnings: 2/26 04:05 pm
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Source: Yahoo! Finance News
Financial commentators tend to lean bullish on Square (NYSE:SQ) stock as a targeted bet on the future growth of digital payments. I see this as a perfectly reasonable position, as millennials seem willing to give Square's Cash App a chance in a sphere once entirely dominated by the likes of Visa (NYSE:V) and Mastercard (NYSE:MA).Source: Shutterstock However, I believe there's more to the story.Millennials and other demographic segments are becoming more aware of cryptocurrency, and Bitcoin (BTC) in particular. So, unlike the stodgy, payment-processing companies that have hesitated to embrace Bitcoin as a viable currency, Square is preparing for a blockchain-powered world right now. With that said, a position in Square stock could be a serious moneymaker if this gambit succeeds.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Love Bitcoin? Then You Should Like Square Stock TooWhen I'm on Internet forums, I sometimes get the feeling that investors divide into two mutually
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