Twitter to pay content creators in bitcoin

[oktana]

And yet some countries are still busy resolving how to ban Bitcoin? Ha! Moves like this are great for Bitcoin, having millions(twitter says to have 192 million active users) of people get to know more about being their own bank and escaping the unwanted shadow of the government. These countries that Ban crypto are only trying what they can; what will be will be. People are already learning the truth and will not unlearn it! It's only a matter of time before they find cryptocurrency users uncontrollable.

[Kittygalore]

And yet some countries are still busy resolving how to ban Bitcoin? Ha! Moves like this are great for Bitcoin, having millions(twitter says to have 192 million active users) of people get to know more about being their own bank and escaping the unwanted shadow of the government. These countries that Ban crypto are only trying what they can; what will be will be. People are already learning the truth and will not unlearn it! It's only a matter of time before they find cryptocurrency users uncontrollable.

Everyone in the platform will try to appeal to the crypto population when it comes to crypto donations, that I am sure of. It's good for the crypto community but given how toxic Twitter is, pretty sure that if the crypto market has these toxic people taken in, pretty sure that we will see the market move much more erratic and volatile because these toxic people are the epitome of cancel culture and I am sure that bitcoin isn't safe when that happens.

[Bazley]

This is really exciting news. The implementation of this function on twitter with a huge user base will certainly arouse more people's interest in bitcoin and greatly promote the development of cryptocurrency.

[Kong Hey Pakboy]

That's awesome, will it be like Twitch where there's a semblance of content first before anything else? Or would it be the same as Patreon or Buy Me a Coffee? If so then that means they're competing against other established platforms which is good since the more competition there is then there's more benefit for the people.

[crwth]

Is twitter going to be some kind of social media platform that would pay users to use it already? I think that would be great in terms of the user base, but facing it as being taken advantage of is scary. But the application of different smart chains and NFT integration within the platform would accommodate the need for more cryptocurrency adoption moving forward.

I'm looking forward to how the competition they have moved ahead with this because it's not just to ignore.

[QueenVera]

I wonder how long some of the other social media sites are going to leave it before integrating Bitcoin in some way?

The government are does preventing this from happening, this CEO knows the government are against Bitcoin and do not want to get on the wrong side of the government because of the regulations and penalty that might follow for promoting Bitcoin in their social media. But CEO that are maximalist are not concerned which is why Jack Dorsey is doing so good in creating more awareness for Bitcoin.

The hype on Bitcoin is so huge that all CEO want a piece of it, you can see all what Mark Zuckerberg did to get in on this hype but failed due to the government not approving. I believe other social media CEO are passing through same challenge or maybe they do not just care.

[junmisakiro]

Twitter added this feature every content creator on the twitter platform can make money, so by adding cryptocurrency payments, they hope to encourage more people to participate in the economy and help each other send monetary aid across borders by tipping through the lightning network.

[rdbase]

That's awesome, will it be like Twitch where there's a semblance of content first before anything else? Or would it be the same as Patreon or Buy Me a Coffee? If so then that means they're competing against other established platforms which is good since the more competition there is then there's more benefit for the people.

From what I had seen of the framework behind it, they plan on having you pay to see posts.
source: https://appleinsider.com/articles/21/09/23/twitter-launching-tip-jar-with-bitcoin-support-globally-on-ios

So it would be more like a Patreon if they really do plan on implementing this into the final version of their rollout.
As it is being enabled for their iOS customers in a sort of beta release then if it does not have any issue they will bring it for everyone to use.
https://www.theverge.com/2021/9/23/22689806/twitter-bitcoin-lightning-tipping-nft-authentication

[ven7net]

Jack Dorsey just announced this on his company's twitter feed.

Actually Micheal Saylor posted it on his twitter so to not look too shilly.
https://twitter.com/michael_saylor/status/1441089333247676429
source: https://www.cnbc.com/2021/09/23/you-can-now-get-paid-in-bitcoin-to-use-twitter.html

This news looks impressive. If this is true, then other social platforms could follow Twiiter's example and this could cause an even bigger surge in the use of cryptocurrencies, namely BTC. I also have a Twitter account and it would be nice to get BTC for my content. We are probably witnessing the start of a new stage of development in the crypto industry and all this looks promising.

[Dr.Osh]

Not just an encouragement but also a boost to the popularity of bitcoin overall because these move by Twitter is going to make more people adopt bitcoin because Twitter has legions of influencers that's going to do their thing and start sharing their thoughts on this thing and using their own influences.

one by one big companies started accepting bitcoin, and twitter is one of the biggest social media that currently accepts bitcoin. this will certainly make twitter users more familiar with bitcoin. this is a wonderful thing. I'm pretty sure little by little developments regarding bitcoin will be very widespread. although there are quite a lot of repeated FUDs, but I strongly believe developments like this will make bitcoin adoption more widespread. well, I'm waiting for the next big company to accept bitcoin. this is amazing.

[NotATether]

Does anyone have news about whether they have rescinded their ridiculous BTC address shadowban? Since 2020 can simply be repeated again by attaching a BTC address to a hacked profile and telling gullible users to "pay to the BTC address in my profile"?

I hear they’re also going to allow authenticated NFTs as profile picks. That is the start of the game changing for NFTs. Once they become a provable flex on social networks, shit could start to get wild. Every celebrity and social media influencer is going to want to have the best and most expensive profile pics…

How is this going to stop some random twitter account like mine from using the same pics?

[adiwibowosakti]

At the moment it appears this feature is only in the iOS beta, but it looks like it will make its way to Android as well eventually.
It's not yet known when the feature will roll out, but the code also indicates that Twitter will provide users with tutorials on how to tip using bitcoin, as well as using the Bitcoin Lightning Network and custodial and non-custodial wallets.

[kryptqnick]

I'm not a Twitter person, but it's great to have Jack who's been consistently pro-Bitcoin, unlike other rich guys from the tech industry. This tipping feature sounds very nice to me, and given how Twitter is a huge social network, this can generate a lot of interest in Bitcoin and encourage way more people to use it. What's also great is that while Twitter allows tipping using Strike (which seems crucial in El Salvador's adoption of Bitcoin), there's also an option of adding one's Bitcoin wallet address to receive tips directly.

[DarkDays]

this is good news for bitcoin. Social media giants like Twitter are starting to adopt bitcoin and implement it on their platforms.

Yes, Jack Dorsey is definitely taking a first approach to this and because of this it will make Tweeter the first social platform to embed with BTC payments via tipping. Content creators actually being rewarded right away- massive improvement and encouragement in the space.

This news is good for both parties as well as for the long term adoption of BTC. As such the +ve vibe around the whole crypto market should pick up again, following recovery from the China FUD.

[pawanjain]

That's really a great news because Twitter has a large number of users and hence more number of people will now get exposed to bitcoin.
Also, the tipping feature will encourage more number of people to start content creation on Twitter as this might be an income opportunity for them.

The things to note are that the tipping feature will start only on iOS devices for now and will roll out to Android in the next few weeks.
I wonder whether the tipping service will be available for website users or not.
It would have been better if Twitter could publish a page giving out more details of the tipping service.

[yazher]

Oh! this is out of the blue! it's just something that you don't expect. Last time they purging the account that burst posting about the crypto project but now they are giving some tips to the one who posted good things about bitcoin. How quickly things can change in the crypto industry. that's why those who doubt about it will never get anything from it. they need to consider making their research more comprehensive after this decision on Twitter. They might miss something big if they don't add this new good thing about bitcoins.

[Dhoe]

Twitter's Jack Dorsey told investors that bitcoin would be an important instrument for the company and that they would introduce the feature to his Tip Jar. At the moment it appears this feature is only in the beta version of iOS, but it looks like it will make its way to Android as well eventually. It's not yet known when the feature will launch, but the code also indicates that Twitter will provide users with tutorials on how to tip using bitcoins, as well as using Bitcoin Lightning Network and custodial and non-custodial wallets.

[cotton ball]

twitter has done a very positive thing because it has paid every content creator with bitcoin, if this really happens this is a very good step, and people who are in the field of twitter are even more enthusiastic, and over time, twitter will be known again widely by the community, and more and more people will jump into twitter..

[marilynmanson21]

one good news and make bitcoin stronger in the current market, I did not expect CEO Jack Dorsey to be a strong supporter of cryptocurrency,
plus for twitter can send each other btc between twitter users , one thing that is amazing this year ,

[Ararbermas]

It's not surprising because ever since before they're against in crypto because of some reason  so be aware as well and stop wondering why they want to shut down bitcoin.. So it's not surprising actually to be honest and be advised that in this situation it depends on the situation so always bear it in mind to avoid anything and think about it before making any decision..