- 25 September 2021
- Posted by: Cryptovalues
- Category: Companies, Cryptovalues News
Now it’s official: Twitter has launched Tips, the in-app money-sending feature that will use Bitcoin and Lightning Network.
In a blog post on Thursday, Twitter product manager Esther Crawford said the crypto feature is available to all iOS users globally, with plans to roll it out on Android in the coming weeks.
Tips allows for small tips for published content and thus allows a creator to be rewarded for their tweets, or can organize a fundraiser without the need to post a new destination address.
For tips in Bitcoin will be used Lightning Network, or rather Strike which is built on LN and offers instant and free payments.
At the moment Strike is only available to users in the United States and El Salvador.
Crawford’s words represent a nice opening for digital:
“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.“
Twitter’s organized move could be a “pathfinder” for other major companies and could contribute to the massive spread of Bitcoin, which is now integrated on one of the most important social networks.