Twitter Confirms Launch of Bitcoin Tipping – Trustnodes

Bitcoin tipping by means of the Lightning Community (LN) is coming to Twitter in response to Kayvon Beykpour, Twitter’s Product Lead, who mentioned quickly Twitter will facilitate the power to obtain suggestions in bitcoin.

This might be the primary roll out of bitcoin tipping at a company degree by a worldwide social media platform.

Twitter bitcoin tipping, Sep 2021
Twitter bitcoin tipping, Sep 2021

Particulars are sparse however a screenshot has been leaked the place bitcoin and the Lightning Community is launched to Twitter customers concerned with tipping.

That means a few of the circa 200 million every day lively customers of Twitter can be launched to bitcoin which is described as utilizing the identical degree of safety as banks and the navy.

As well as people could also be launched to crypto by others tipping them with Peter Schiff for instance probably softening his stance if he sees his sats develop in worth as bitcoin heads to the moon.

That’s in actual fact how some found bitcoin when again in March 2013 somebody was tipping on Reddit as a lot as $20,000 price of bitcoin in a flush of cash after bitcoin had come again from the useless to rise from $2 to $260.

Fairly aptly the forex crashed to $50 simply as what then was largely college students had been discovering it, to then by the top of that very same 12 months shoot as much as $1,000.

That Reddit tip was a grassroots characteristic nonetheless, quite than run by Reddit. Whereas right here it’s Twitter itself launching the tip bot by means of Strike.

Strike because it occurs is proscribed to USA (excluding New York) and El Salvador, so Europe is ignored. As well as, it’s a custodian pockets with AML and KYC necessities relying on utilization to the purpose they could even ask in your SSN.

So not fairly the permissionless international bitcoin that whizzes by the block, however a extra restricted layer that nonetheless is a begin of on-line social platforms experimenting with new digital cash.

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By Xnode24

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