Sat. Nov 23rd, 2024
Twitter Fake news

By Ashemiriogwa Emmanuel

Popular micro-blogging app, Twitter, has announced that it will roll out the ‘Tips feature’ that will allow users to get paid in Bitcoin on the social network.

This is a sequel to the introduction of Tip Jar, a recently added feature on the bird app that makes it easy for users to send money to their favourite creators on the micro-blogging service using third-party apps, including Cash App, Patreon, Venmo, Chipper, Bandcamp, Razorpay, GoFundMe, PicPay, and Wealthsimple Cash — depending on their region — to their Twitter bios and individual Tweets to receive funds.

Disclosing the twitter-bitcoin integration, the company on Thursday said that its Tips feature will now roll out globally to all Apple iOS users this week and will become available for Android users in the coming weeks.

According to the company, the new feature will also allow users to add their bitcoin address to send and receive these cryptocurrency tips.

It added that no cut of the money is taken from any money sent through its Tips feature.

“We want everyone on Twitter to have access to pathways to get paid. Digital currencies that encourage more people to participate in the economy and help people send each other money across borders and with as little friction as possible — help us get there,” the product lead manager of the company, Mrs Esther Crowford said.

With over 330 million monthly active users, Twitter’s integrated Strike bitcoin lighting wallet service is little or no surprise, given that its CEO, Mr Jack Dorsey, is one of the most vocal supporters and endorses the adoption of the cryptocurrency.

Mr Dorsey had previously hinted that a BTC tipping option was being developed when the social media firm revealed its “Tip Jar” concept was designed to enable platform users to reward content creators with the touch of a button.

He has also discussed his other company, Square’s plans to build a decentralized exchange for Bitcoin.

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