Square

Payment Firm Square Recruits Former Google Product Director Steve Lee

The Unites States of America based bitcoin [BTC] is supporting payments service Square Crypto announced that it recruited former Google product director Steve Lee in a tweet published on the 12th of June ‘19. Square Crypto was announced in March this year when the firm joined Twitter, and planned to hire crypto professionals and engineers to work on the bitcoin and crypto ecosystem, paying them in crypto asset.

Just hours before announcing the recruitment of Lee, the official Twitter Square Crypto account asked in what appeared to be a joke that the community to welcome the firm’s “summer intern and inaugural hire, Gary Fuches.” Then, the author of the next tweet said that he was Fuches and noted his commitment to blockchain technology: “Hello everybody! My name’s Gary and I’m here to say, I love blockchain in a very big way!!!” A significant portion of the respondents reacted by correcting him and noting that he should have said bitcoin, instead of blockchain. One hour later, the management announced the hiring of Steve Lee in another tweet: “Hey guys. Management again. Unfortunately, things didn’t work out with Gary. However, we think we’ve found somebody who can live up to his commitment to decentralization. Please welcome Steve Lee, aka @moneyball, to the Square Crypto team.”

As the next and last tweet sent by the account notes, Lee is a former product director at Google, an angel investor and a volunteer project manager for bitcoin development. His profile on LinkedIn further notes that he also has been a software engineer at the technology biggie, IBM and a product manager intern at the email firm, Yahoo. Lee, as some members of the community did in response to Gary’s alleged tweet, noted: “Bitcoin, not blockchain. Very excited about this opportunity!”

As it was reported in the month of May this year, Square saw a new revenue high from bitcoin sales through its Cash app, while profits from the sales of Bitcoin remained low. In February this year, Twitter co-founder and CEO, Jack Dorsey also the founder and CEO of Square said that rolling out the Lightning Network on the Cash App of Square is a question of “when, not if.”

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