CEO of Twitter Jack Dorsey in his last several interviews has shown interest in getting Twitter more involved with Bitcoin and now it appears his words are finally being met with action.
Twitter is on the verge of allowing users to tip their favorite voices on Twitter with Bitcoin.
According to multiple reports Twitter will use Strike to activate Lightning Network invoices that would send Bitcoin into custodial and non custodial wallets.
The move by Twitter is a major move by the company and will have many content creators and celebrities advocating Bitcoin as a domino effect.
BREAKING: Twitter is now beta testing a #Bitcoin lightning tipping service ⚡ pic.twitter.com/chw4aQjexR
— Bitcoin Magazine (@BitcoinMagazine) September 1, 2021
"@Jack's new Twitter lightning service will be Strike enabled and also support Square’s forthcoming hardware wallet."@Alex_fights writes:https://t.co/GkFCRioIt6
— Bitcoin Magazine (@BitcoinMagazine) September 1, 2021
Bitcoin.com had these details to add:
Twitter Inc. is reportedly testing a bitcoin tipping feature. This development followed CEO Jack Dorsey hinting in July that bitcoin may be integrated into several products, including Tip Jar. Macrumors reported Tuesday:
Twitter’s latest beta update introduces support for providing content creators with bitcoin tips using the ‘Tip Jar’ feature that Twitter introduced earlier this year.
“Bitcoin isn’t yet available to select as a tip option for beta users, but code in the beta suggests that Twitter is in the process of rolling it out,” the publication described. “Details in the latest Twitter beta indicate that users will be directed through a Bitcoin tutorial that includes details on the Bitcoin Lightning Network and custodial and non-custodial Bitcoin wallets.”
Twitter user Alessandro Paluzzi (@alex193a) tweeted a screenshot of how to receive tips in bitcoin on Twitter. The instruction indicates that a Strike account is required, stating: “We use Strike to generate Bitcoin Lightning invoices so you’ll need to connect your account to accept bitcoin tips.”
Bitcoin tipping could be a feature of the next Twitter app update. https://t.co/zK04vHmEaS
— Cointelegraph (@Cointelegraph) September 1, 2021
Coin Telegraph got the scoop too:
Twitter is reportedly laying the groundwork to enable Bitcoin (BTC) tipping for content creators.
According to MacRumors, the latest Twitter iOS beta includes lines of code that could see Bitcoin become a part of the “Tip Jar.” Indeed, as previously reported by Cointelegraph, Twitter CEO Jack Dorsey had previously hinted that Bitcoin tipping was in the works.
Twitter introduced Tip Jar back in May as a way for users to reward content creators on the popular social media platform.
As part of the rollout, Twitter may provide a brief tutorial about Bitcoin and the Lightning Network. According to a portion of the text quoted by MacRumors, the Bitcoin tipping feature will utilize Lightning Network payment gateway Strike to “generate Bitcoin Lightning invoices.”
#Bitcoin will go mainstream so quickly it’ll surprise even the most bullish of us.https://t.co/pYZQTY05Dl
— Lina Seiche (@LinaSeiche) September 1, 2021
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