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Twitter accepted Bitcoin for tips.

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Written by   103
1 month ago

Bitcoin is the first crypto currency which is accepted world-wide. Bitcoin opened the era of decentralized finance and ensured your money's security. In the case of bitcoin, it ensures you that you are the only owner of it.  It provides the first transaction of your bitcoin funds  via an online network with a blockchain system. There is a lot more to say about bitcoin. If you look for bitcoin utility and use case, you can not count this manually. This is why today I will talk about Bitcoin's latest use case.


Earlier this year, twitter CEO Jack Dorsey introduced Tip Jar feature on twitter for rewarding good content creators whose content goes viral. I am not sure yet how many regions are accepted for this tips feature but this tips feature supports different payment methods. From Paypal , cash apps look more useful. I think this tips feature is not for my region yet as I have tried to tip but there is no function yet. But they are working  because last time on a blog I read they are still working on it still. So leave it. 


Big news is that this week's twitter CEO confirmed tips jar has added a Bitcoin payment system through the lightning network of Bitcoin which will ensure faster transactions and less fees than normal blockchain transactions. Every functionality is ready there and they are waiting to launch to its users. As I have said earlier, the Twitter CEO proposed this adoption at the beginning of this year but he waited to see the bitcoin lightning network security update. I think that is completed so he is ready to take off now.


To receive bitcoin tips, twitter allows users to add a bitcoin address on their homepage. This is for bitcoin users. And he also added  that if there is an eth lover then they can add an eth address too. There will be more payment methods. But this will only allow for a certain number of users to avoid spamming.


Do you not think this is a big adoption of BITCOIN and its use case?

The tips will be especially for journalists, creators, experts and they will be able to use this tips jar feature currently. As i am not eligible for this so can not show you the right picture. But here is a picture collected from the internet.


There will be an icon on the homepage for eligible users and once you click there, you will see a few payment methods. Choose whatever you like and enjoy the new payment system.


Thanks for reading!

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Written by   103
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Comments

I also saw news about this and it's great initiative from Twitter we also have tipping system already like use chaintip we can send BCH through this way easily to anyone.

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1 month ago

chaintips? How this work bro?

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1 month ago

It's a bot in Twitter just mention chaintip anywhere in Twitter comment and it will work!

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1 month ago

let me try man

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1 month ago

That's great. How to become eligible for this feature? I mean shall we have to get first content creator tag?

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1 month ago

I am not sure it brother. But there will be method like this. Because only quality full users deserve the tipping feature and tipper will not tips stupid one.

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1 month ago

No doubt.

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1 month ago

Go, be a content creator 😂

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1 month ago