Twitter to pay content creators in bitcoin

[dupee419]

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.

Using Bitcoin as payment for content creators is a good idea, for both Bitcoin and Twitter's content creators, not only will they have an opportunity to make more profit because of Bitcoin, but because of them as content creators using Bitcoin and their platform and audience to gain more trust over Bitcoin.

I entirely agree with Jack Dorsey, Bitcoin is actually a useful instrument for social media platforms, a lot of people uses Twitter as a platform for cryptocurrency and endorsing projects as well.

[Leviathan.007]

I could never imagine that Jack Dorsey doing such bitcoin friendly stuff since a few months ago. But, specially recently he did many positive stuff and done many things like this one. By doing this users of Twitter will have thw chance do integrate more with bitcoin and since bitcoin already got popularity between people, there will be some positive effects for Twitter itself.

[S4VV4S]

this is a very interesting topic to discuss about Twitter which will pay creators for content if they create content about bitcoin, at the same time this will be a promotion for bitcoin, where the price is still unstable and has also received rejection from various countries in the world so that difficult for bitcoin itself.but with the payment made by Twitter for bitcoin content this will greatly impact bitcoin in trying to return its price to return to stability in the global stock market

[add1ct3dd]

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 is why Twitter is one of my favorite social media platforms. They’re always making a big move that other platforms hardly considered. now there will be the first that has done this, and I believe that with time other social media platforms are going to start doing the same thing. I will see lots of them who will start paying their content creators through Bitcoin.

Bitcoin as a payment method should be something that is available on all major platforms by now, and content creators should be allowed to choose whether they will like to get paid through cryptocurrency. I’m also looking forward to other platforms like Google accepting it on platforms like YouTube .

[romero121]

This is great, because till day bitcoin is stated to be good for large volume transactions. Now the change has happened through the lightening network. More discussions were around for a long relative to the lightening network. Now the same into real-time usage by a large network making path for small value transaction/tipping is a big step in the adoption of bitcoin in all forms. Already different platforms have begun to accept bitcoin on different needs, now something on a social media platform seems to be more effective in adoption of the technology.

[Anonylz]

I guess twitter just gave me a good reason to finally be active like a regular user, I truly think the idea is great, we have many raw talent on twitter who are also crypto enthusiast and will be pleased to get paid in btc, am assuming this will bring more user to twitter thereby increasing their user base even.

[rdbase]

This still seems to be rolling out as I can't find it anywhere in the app or website.

It is not available on most twitter accounts yet either.
Maybe you need to have your account validated to some extent just as one having a higher trusted account shown with a blue check mark besides their user profile.
This might be a kind of compliance policy they might implement before allowing people to receive or send bitcoins.
There has not been any word at this point.

[riso2015]

Very good news for bitcoin lovers of course. I think that with this collaboration, Twitter will be one step ahead of other social media and hopefully other social media can also develop the same thing that Twitter is doing. This will be good for twitter, bitcoin lovers will grow with a good future.

[ChiBitCTy]

We all need to give a big thanks to Jack Dorsey for being a huge bitcoin supporter and introducing countless to bitcoin and to showing much of the world that bitcoin is a great achievement.  I think he said something to the effect that "bitcoin reminds me of the early days of the internet".  Jack also said that he plans to make a hardware wallet at some point which is also pretty damn cool.

[indo1]

Twitter creators must be very excited to hear this news. Moreover, Twitter is usually closely related to cryptocurrencies. Of course they know bitcoin and soon to create the best content to be able to get paid here.

[blckhawk]

this is very happy to see, that bitcoins use  are slowly getting bigger and bigger and there are many uses for it now, maybe in the near future bitcoin will become more mainstream and its uses will become much more larger, offering more services and products that we can pay with it and also other uses in the economy of the world

[IamWealth]

This is a step in the right direction. An awesome positivity towards lightning network. Jack has always been so positive about Bitcoin. Better rewards for Bitcoin content creators.

[rdbase]

For those who are wanting to know how to use the tipping feature there was an article put out a day ago on how it can be done.
source: https://gadgets.ndtv.com/how-to/features/how-tip-bitcoin-twitter-cryptocurrency-2560722

It does seem you need to be in a region that has access to the strike app. This is how they are enabling twitter users to send it through their platform.
So not everyone can use this application as it describes it is for El Salvador and some states in the US.

[OmegaStarScream]

-snip-

It does seem you need to be in a region that has access to the strike app. This is how they are enabling twitter users to send it through their platform.
So not everyone can use this application as it describes it is for El Salvador and some states in the US.

I'm pretty sure I've seen some videos of the developer of Strike/Zap saying that twitter's feature should work with any lightning wallet (blue wallet, Eclair, Zap, etc...)

I haven't gotten to chance to try this yet though, does anyone have an idea when they're planning to push the update for android devices?

[OmegaStarScream]

Just an update on the above, it appears that the feature has been enabled for android devices as well. You should be able to use any wallet that supports LNURL.

[rdbase]

Don't think will impact the development of bitcoin's use on the platform but Jack Dorsey has resigned last week and here is an article showing the letter of resignation from the company:
https://www.inc.com/jason-aten/jack-dorseys-resignation-letter-from-twitter-reveals-a-harsh-truth-about-leadership-most-people-never-learn.html

Also his other company square renamed to block so this should show how devoted he is to cryptocurrencies as a whole:
https://www.fool.com/the-ascent/cryptocurrency/articles/square-changes-name-to-block-is-jack-dorsey-all-in-on-crypto

The name change for the company (including sprial for the other division of the company) will take place on December 10th of this year.

[im posible]

This is happy news, twitter being the first social media that supports the use of bitcoin will make content creators more excited besides that twitter policy can further increase the popularity of btc.

[muratsink]

We really hope that this is not just a discourse because we have heard of things like this where many companies want to adopt or make payments using bitcoin but if Twitter wants to make payments using bitcoin to content creators then this will directly have a good impact for the survival of bitcoin, if this can be realized, bitcoin will automatically be displayed clearly in the advertisements of some of these social media, including our Twitter, which is very diverse.this will actually be realized, not just a mere discourse

[cheezcarls]

I’ve consistently been using Twitter for posting crypto-related stuff and as a content creator myself. However, I still have long ways to go as I don’t have a lot of engagement on my posts yet. However, I’m taking it one day at a time and keep building till I got decent engagements for every tweet I make. This would be really a good opportunity for content creators who are using Twitter.

[Lmaooo]

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 is why Twitter is one of my favorite social media platforms. They’re always making a big move that other platforms hardly considered. now there will be the first that has done this, and I believe that with time other social media platforms are going to start doing the same thing. I will see lots of them who will start paying their content creators through Bitcoin.

Bitcoin as a payment method should be something that is available on all major platforms by now, and content creators should be allowed to choose whether they will like to get paid through cryptocurrency. I’m also looking forward to other platforms like Google accepting it on platforms like YouTube .

What a great idea by Twitter! Doing so would actually help boost bitcoin and cryptocurrency adoption worldwide. When Twitter starts paying content creators in bitcoin, that would help bitcoin to get more exposure to the world and more people will join the bitcoin community and cryptocurrency ecosystem in general.