Twitter to allow tipping using bitcoin
Sept. 23 (UPI) — Twitter rolled out a new feature to all users Thursday that will allow people to tip other accounts using bitcoin.
The social media company unveiled the option — called Tips — to select users in May as a way to test the feature.
Twitter takes no cut of the money exchanged through the feature, which forwards users to their selected service to make the payments.
Staff product manager Esther Crawford said the feature will first roll out to iOS users, then Android users in the coming weeks.
“Whether you want to tip your favorite account because you adore their commentary, send some love to an emerging comedy creator for their hilarious Tweets, help a small business owner through a difficult time, give to an important cause — whatever you want to support (and we know you already have some ideas), Tips is here to help you do it,” she wrote in a blog post.
Twitter allows content creators to accept cash payments from their followers using Cash App, Patreon, Bandcamp, Chipper, Razorpay, Wealthsimple Cash, GoFundMe, PicPay and Venmo.
Twitter also added the option to pay with Bitcoin using the Strike app, which is available to users only in the United States (excluding Hawaii and New York) and El Salvador. The latter became the first nation to adopt bitcoin as legal currency in June.
“We want everyone on Twitter to have access to pathways to get paid,” Crawford said. “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.”
Read more: https://mcc.exchange/2021/09/23/twitter-to-allow-tipping-using-bitcoin/
Text source: MCC.EXCHANGE
