Twitter Reportedly Working On Bitcoin Tipping Feature
As per the recently released information, it has been found that Twitter is working on the groundwork that will help in Bitcoin tipping for different content creators.
As per many rumors, the Twitter iOS Beta includes the line of code that will help Bitcoin become a component of Tip Jar. In fact, as per a report released on techtimes, CEO of Twitter Jack Dorsey has also given hints about Bitcoin tipping. Thus, it can be concluded that Bitcoin tipping is in the pipeline for Twitter.
The Tip Jar was introduced by Twitter in May as a way to reward content creators on Twitter. If the rumors and reports about Bitcoin Tipping by twitter are true, BTC will be added along with big businesses like Cash App, PayPal, and Venmo, who are also accepting payment on the Tip Jar.
After the rollout of the features, Twitter may also offer a brief tutorial about Bitcoin as well as the Lightning Network. As per a report by MacRumors, the feature of Bitcoin Tipping will use the Lightning Network payment gateway for invoice generation.
Users don’t need to worry as the tutorial will also help them in understanding concepts like the use of custodial and non-custodial wallets.
With each passing day, lots of features are added by businesses that make use of Bitcoin. This is not the first time that Twitter has been excited about using the Bitcoin feature. In early August, Twitter also announced a plan to build a decentralized exchange, especially for bitcoin.
CEO Dorsey has also described bitcoin as the key to Twitter’s future. As per his vision, Bitcoin will also be used in services like commerce and subscription for Twitter. This move by Twitter will also bring Crypto Tipping to the mainstream. As per a report, Dorsey also revealed that they were also developing an “assisted custody” wallet for bitcoin use.