Jack Dorsey-led social media giant Twitter is launching its Tips feature, allowing 18+ years old users to tip each other with bitcoin (BTC), among other means.
According to the company, people can now tip with BTC using Strike – a payments application built on the Bitcoin Lightning Network that is now being used in El Salvador.
I just published Announcing the Strike API
Today, @Twitter enables free, instant, global payments for their users with their integration of the Strike API.
What the internet did for communication, #Bitcoin + the Lightning Network is doing for money.https://t.co/jHkY6knXkP pic.twitter.com/FXujknG7sM
— Jack Mallers (@jackmallers) September 23, 2021
The new feature is being rolled out to iOS users first, while Android devices should support Twitter tips “over the coming weeks.”
“People in the eligible markets will have to sign up for a Strike account and add their Strike username to receive Bitcoin tips over the Lightning Network. You can use any Bitcoin Lightning wallet to send tips to someone’s Strike account,” per the company.
At 04:24 UTC, BTC trades at USD 44,336 and is up by 0.4% in a day, while almost all other major coins are in red today.
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Reactions:
Twitter is allowing #bitcoin tips.
— Altcoin Daily (@AltcoinDailyio) September 23, 2021
Or what the execs at legacy payment system companies are doing right now. Figuring out how to rearrange deck chairs on the titanic.
— Jim Crider (@JimCriderTX) September 23, 2021
Wow!!! I just enabled Tips on my Twitter to accept #Bitcoin. This new technology will help a lot of not-rich people across the globe! 💸🌏
— Pulte (@pulte) September 23, 2021
Probably add more to square first? Real question is why the largest tech company in the world hasn’t done it yet.
— Jon DiCianni (@JonDiCianni) September 23, 2021
Source: Cryptonews
