Square’s new Bitcoin business unit is TBD

Both Twitter and Square CEO Jack Dorsey suffice a fan of cryptocurrency that the Square push into the area does not stop releasing the hardware wallet. Instead, the company is creating new business with existing entities such as Tidal and Cash App. The company is “focused on building an open developer platform with the sole goal of facilitating the creation of free, unauthorized and decentralized financial services.”

What exactly does that mean? Is there a new company called TBD, or does the name need to be defined later? In the words of at least one journalist Limit“I really don’t know what he’s talking about.” When you contact Limit, A Square spokesman declined to comment.

We know mostly from the new head of the unit, Mike Brock, who is confident tweeted several names of the TBD founding groupand says he is “very excited to return to the open source world”. Further updates on what TBD is doing should come through Twitter and GitHub accounts. But just when these updates might arrive is TBD.

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