Home Bitcoin News Square, Twitter, And Substack Are Big First-Movers In Bitcoin Payment Solutions

Square, Twitter, And Substack Are Big First-Movers In Bitcoin Payment Solutions

5 min read
Comments Off on Square, Twitter, And Substack Are Big First-Movers In Bitcoin Payment Solutions
13

Up to now month each social media big Twitter and unbiased on-line writer Substack have formally integrated Bitcoin tipping and payment services via third-party partnerships with Strike and OpenNode, respectively.

The platforms, serving a mixed 350 million month-to-month lively customers, have each opted to supply Bitcoin and Lightning optimized API options.

Twitter and Substack’s Bitcoin integrations have been introduced and delivered simply as El Salvador grew to become the primary nation to make Bitcoin authorized tender. Many retailers in that nation now settle for fee for items and providers in Bitcoin. From a recreation theoretical perspective, that nation has a first-mover benefit.

Importantly, after El Salvador made Bitcoin authorized tender, the game-theoretic prisoner’s dilemma of national Bitcoin adoption was initiated in international geopolitics. Well-known whistleblower Edward Snowden highlighted that Bitcoin favors people who undertake it early, thereby placing stress on other nations, which will probably be penalized for being laggards.


Source link

Comments are closed.

Check Also

Ethereum: Last Chance for a Low-Risk Buying Opportunity Should Be Around the Corner – Yahoo Finance

Two weeks in the past, see here, when Ethereum (ETH) was buying and selling at $3580s, I a…