[HN Gopher] Block (aka Square, Tidal, CashApp etc)
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Block (aka Square, Tidal, CashApp etc)
Author : ChrisArchitect
Score : 33 points
Date : 2021-12-01 21:54 UTC (1 hours ago)
(HTM) web link (block.xyz)
(TXT) w3m dump (block.xyz)
| mdoms wrote:
| I have literally no idea what this website is supposed to be.
| lbotos wrote:
| *Square, Inc. is referred to as "Block" on this website. The
| legal name "Square, Inc." is expected to be legally changed to
| "Block, Inc." on or about December 10, 2021, upon satisfying
| all applicable legal requirements.
|
| https://investors.block.xyz/overview/
| conroy wrote:
| "If press releases are your thing, here's ours:
| https://www.businesswire.com/news/home/52543725/en"
|
| - @blocks (https://twitter.com/blocks/status/1466159597194907649)
| peanut_worm wrote:
| Is this a blank page for anyone else?
| mdoms wrote:
| It loads after a long, long time. It will transfer upwards of
| 10mb of who-knows-what before displaying a useless morphing
| cube and zero information.
| dceddia wrote:
| The site is pretty light on details but the linked Twitter
| account (@blocks) mentions this press release
| https://www.businesswire.com/news/home/52543725/en with the
| title: "Square, Inc. Changes Name to Block"
| slownews45 wrote:
| Good lord.
|
| Pity the poor person out there trying to understand what is going
| on / what is block.xyz.
|
| At least we are told nothing will change with TBD54566975 (?).
|
| https://twitter.com/tbd54566975?lang=en
|
| The bitcoin world is crazy.
| rezistik wrote:
| It's only a 90 billion dollar company running a significant
| share of the POS market and peer to peer money market, why
| would they have a sensical, logical or straightforward parent
| site?
| ComputerGuru wrote:
| Jay Z curated their album for this? Someone has investor money to
| burn!
| rezistik wrote:
| They purchased Tidal from Jay Z, likely with a significant
| portion being in $SQ stock.
| newbie789 wrote:
| This is a very stupid website.
| mh- wrote:
| Some info here https://investors.block.xyz/overview/
| rvz wrote:
| A Block is a three dimensional Square. How is that confusing for
| most here?
|
| Name change makes sense, especially in cryptocurrency services.
| Taurenking wrote:
| >A Block is a three dimensional Square. How is that confusing
| for most here?
|
| I'd agree if all their services were financial related but
| don't think Tidal fits.
| imwillofficial wrote:
| I had no idea it was affiliated with square. Now it makes more
| sense
| [deleted]
| thesuperbigfrog wrote:
| "Cube" would have been better:
|
| "Square" => "Cube"
|
| but
|
| "Square" => "Block" just seems mediocre by comparison.
|
| Certainly they want "Block" to invoke blockchain, but it seems
| more gimmicky with just "Block".
| cercatrova wrote:
| Block is a reference to blockchain, ie Square is looking to
| move towards cryptocurrency more and more, so cube wouldn't
| have worked in this case.
| newfonewhodis wrote:
| Square Blockchain Corp maybe?
|
| https://en.wikipedia.org/wiki/Long_Blockchain_Corp
| imwillofficial wrote:
| Pretty, but I'm clueless what this is for
| paxys wrote:
| Tech company -> holding company rebrand/restructure is so hot
| right now
| cercatrova wrote:
| For those who don't understand what the website is about:
|
| Square (and other related companies like Tidal, CashApp, Spiral
| and TBD54566975, not exactly subsidiaries but sibling companies
| under a holding company) is changing their name to Block, as in
| blockchain, as they seem to be going more towards cryptocurrency.
|
| It's similar to Facebook changing their name to Meta for wanting
| to create a "metaverse," analogously Square is also changing
| their name.
|
| Interesting to see that Jack Dorsey (who is CEO of Square and
| until recently was CEO of Twitter as well) probably left Twitter
| to focus more on Block.
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(page generated 2021-12-01 23:01 UTC)