Coinbase may have a rival, and it's an app millions ALREADY have...

Whatever you think of Coinbase, there's no debate they've dominated the "ease of use" category this year, making them the most likely starting point used by new investors.

Now, another app, Square Cash which is already on millions of mobile devices for peer-to-peer transactions, is testing Bitcoin transactions - and not just trading them between users - buying them with debit/credit cards.

The featured seems to have suddenly appeared yesterday to a small group of randomly selected users as a test run.

A twitter user Zach Miles tweeted this screen recording of it in action yesterday...

Today, Square made their first public acknowledgement in a one word tweet:

Square is a huge player in the digital transaction space, valued at $15 Billion, with over 1000 employees. 

Author: Ross Davis
San Francisco News Desk