Home Bitcoin News You can now get paid in bitcoin to use Twitter – CNBC

You can now get paid in bitcoin to use Twitter – CNBC

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Jack Dorsey, co-founder and chief govt officer of Twitter Inc. and Sq. Inc., speaks throughout the Bitcoin 2021 convention in Miami, Florida, U.S., on Friday, June 4, 2021.
Eva Marie Uzcategui | Bloomberg | Getty Photographs

Twitter on Thursday introduced it should now enable customers to tip their favourite creators on the social community utilizing bitcoin.

The corporate launched tipping as a check function back in May as a strategy to experiment with serving to creators earn funds from their followers for the content material they publish on Twitter. The corporate introduced Thursday that its Suggestions function will now roll out globally to all Apple iOS customers this week and can grow to be accessible for Android customers within the coming weeks.

Beforehand, customers might tip with fiat forex utilizing extra conventional fee providers reminiscent of Square‘s Money app and PayPal‘s Venmo. Twitter will combine the Strike bitcoin lighting pockets service so creators can obtain bitcoin ideas. The corporate may even enable customers so as to add their bitcoin handle to ship and obtain these cryptocurrency ideas.

Twitter doesn’t take a minimize of any cash despatched by means of its Suggestions function.

The combination of bitcoin to Twitter’s tip function is hardly shocking contemplating CEO Jack Dorsey is without doubt one of the most vocal supporters of the cryptocurrency.

In simply the previous few months, Dorsey has tweeted that he’s attempting his hand at bitcoin mining. He stated he does not suppose there may be something more important to work on than bitcoin and he has even stated that his hope is bitcoin will result in world peace.

Moreover, Twitter on Thursday stated it is usually experimenting with a function that may enable customers to authenticate and showcase their collections of NFT digital assets on the social community. The corporate didn’t present a lot element or any specifics about this blockchain venture, however stated it is one other strategy to help creators who make digital artwork.

Apart from blockchain, Twitter additionally introduced its plans to launch a creator fund for customers who host Areas audio rooms as a strategy to incentivize extra stay audio occasions. Final 12 months, the corporate debuted Spaces, which is a function the place customers can hear and chat with others in audio-only digital rooms. The corporate hopes the upcoming fund will incentivize extra customers to host stay audio occasions on Twitter.

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