Twitter is working on the ability to receive tips in Bitcoin (opens in new tab)

Genuinely unclear why Twitter wouldn't be setting up fiat currency tipping first. If much smaller operations can set up creator funds/tipping, is there a reason Twitter seems so hesitant?

xur174y ago

My understanding is that this is just another provider being added to their existing tip jar [0] feature. They essentially let twitter users link out to their third party cash app, paypal, venmo, etc accounts, and people can use those third party services.

This is really no different - they are linking out to Strike, a custodial lightning wallet.

[0] https://blog.twitter.com/en_us/topics/product/2021/introduci...

qecez4y ago

A shame really, they could've supported it natively and all it would have taken is a few dev-hours.

rfd4sgmk8u4y ago

Bitcoin is the native currency of the internet. It is the most sensible currency to use. It does not require interfacing with the banking system.

j / k navigate · click thread line to collapse

12 comments

10 comments · 2 top-level

clpm4j4y ago· 5 in thread

Hmmm I wonder what percentage of BTC owners want to give their BTC away?

qecez4y ago

I'm a Bitcoiner and am tipping sats (1 sat = 0.00000001 BTC or $0.00049) left and right.

Here's 50 sats https://ln.cash/ogFZFxSbJCjuCDZQ3L2rR6

rfd4sgmk8u4y ago

Thank you for the 50 sats! Some time ago I made some LN tx's to get the Blockstream stickers but have not used LN on mobile.

I scanned this with ios BlueWallet and now i have $0.02 sitting in my mobile wallet! Flawless. Go lightning network!!

1 more reply

clpm4j4y ago

Point taken! That's certainly cool to see.

sizzle4y ago

Can I do this with eth?

pcdoodle4y ago

That is so cool!

serverlessmom4y ago· 3 in thread

Genuinely unclear why Twitter wouldn't be setting up fiat currency tipping first. If much smaller operations can set up creator funds/tipping, is there a reason Twitter seems so hesitant?

xur174y ago

My understanding is that this is just another provider being added to their existing tip jar [0] feature. They essentially let twitter users link out to their third party cash app, paypal, venmo, etc accounts, and people can use those third party services.

This is really no different - they are linking out to Strike, a custodial lightning wallet.

[0] https://blog.twitter.com/en_us/topics/product/2021/introduci...

qecez4y ago

A shame really, they could've supported it natively and all it would have taken is a few dev-hours.

rfd4sgmk8u4y ago

Bitcoin is the native currency of the internet. It is the most sensible currency to use. It does not require interfacing with the banking system.

j / k navigate · click thread line to collapse