The head of Square’s crypto team, Steve Lee stated that while Square Crypto is focused on bitcoin it is not the publicly traded company’s specific product in a Twitter ask-me-anything (AMA) on Monday.
Unit’s playful Twitter account fielded questions from its followers and crypto-community luminaries. Lee playfully signed the tweets “Steve,” marking his first set of public remarks on the team’s broad objectives since being hired in June. Probably the single most illuminating moment of the AMA was this exchange:
The product we’re focusing on is Bitcoin. It has been up and running for over 10 years… but there’s still a lot that needs to be done before we reach mass adoption. – Steve https://t.co/oU0yzhpWqX— Square Crypto (@sqcrypto) July 29, 2019
Our process is design-centric. This may lead to consumer UI, infrastructure, and protocol development. Some projects may be accomplished in 3 months and others may take 3 years. All will be done in coordination with the rest of the open-source Bitcoin community. – Steve https://t.co/bAjgC5pcXh— Square Crypto (@sqcrypto) July 29, 2019
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