Use Twitter, get paid in Bitcoin

Team Luno
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1 minute read

  • Twitter has announced that it will allow users to tip their favourite creators using bitcoin.
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    • Users could previously tip with traditional currency using Square’s cash app, but now Twitter will integrate Strike’s bitcoin lightning wallet service to enable BTC tips.

     

    • The social media giant first introduced their tipping feature back in May, to experiment with helping creators earn payment from their followers for the content they create on the platform.

     

    • Twitter does not take a cut from its Tips feature. Strike founder and CEO Jack Mallers explained in a video announcing the Twitter launch: “We just made an instant, free remittance payment, from Chicago, Illinois, USA to San Salvador, El Salvador over Twitter. Why would anyone ever use Western Union again? When you take one of the world's largest social internet networks and you combine it with the world's best open monetary network, Twitter accidentally becomes one of the best remitting experiences in the world.”
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    Team Luno

    On our way to the moon, we write about all things crypto. And don’t forget we’re humans too. Our blog conveys the views of Luno and the many unique opinions and characters within our team. We’ll never provide you with financial advice, and we urge you to conduct your own research before purchasing or trading any cryptocurrencies. It’s a brave new world out there, and the market can be volatile at times, so never trade with funds you can’t afford to lose. Want to let us know how much you love our blog? Tweet us @LunoGlobal.

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