According to reports, Twitter is testing the option of tipping with Bitcoin as part of its “Tip Jar” function. This followed the company’s CEO Jack Dorsey, who stated that Bitcoin was an important part of Twitter’s future and hinted that the cryptocurrency will be part of several upcoming products.
Twitter is reportedly testing the bitcoin tipping option
Twitter Inc. (NYSE: TWTR) is reportedly testing a bitcoin tipping feature. This development followed CEO Jack Dorsey’s advice in July that Bitcoin could be integrated into several products, including Tip Jar. Macrumors reported on Tuesday:
Twitter’s latest beta update adds support for providing Bitcoin tips to content creators using the Tip Jar feature that Twitter introduced earlier this year.
“Bitcoin is not yet available as a tip option for beta users, but the code in the beta indicates that Twitter is in the process of introducing it,” the publication said. “Details in the latest Twitter beta indicate that users will be guided through a Bitcoin tutorial that includes details about the Bitcoin Lightning Network and Bitcoin wallets to custody and not custody.”
Twitter user Alessandro Paluzzi (@ alex193a) tweeted a screenshot of how to get tips in Bitcoin on Twitter. The instruction indicates that a Strike account is required and states, “We use Strike to create Bitcoin Lightning invoices, so you’ll need to link your account to accept Bitcoin Tips.”
– Alessandro Paluzzi (@ alex193a) September 1, 2021
Twitter introduced Tip in May. The company stated at the time, “The services you can add today include Bandcamp, Cash App, Patreon, Paypal and Venmo,” adding that it “doesn’t cut corners.”
Dorsey said in July that bitcoin was a big part of Twitter’s future, noting that bitcoin was the best candidate for the internet’s native currency. He said at the time, “If the internet has a home currency, a world currency, we can move forward much faster with products like Super Follows, Commerce, Subscription, Tip Jar, and we can reach every single person on the planet for that reason, instead to take a market-by-market approach. “
What do you think of Twitter offering the option to tip with Bitcoin? Let us know in the comments section below.
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