Twitter Adds Bitcoin Tipping, Allowing Bitcoin Payment

Social networking service platform Twitter now allows influencers to receive tips in BTC. Specifically, Twitter users globally can now send and receive digital payments.

Twitter Starts Bitcoin Tipping, Allowing Bitcoin Tips
Twitter Bitcoin Tip Feature Screenshot | Image: Optimisus

Especially, users can now tip their favorite creators on the social network using Bitcoin, the largest crypto by market cap. Besides, Twitter does not take a cut of any money sent via its Tips feature.

In addition, the Twitter community reacted to the news by dropping links to their payment profiles in their bios and their Tweets. Moreover, users must be 18+ years old to allow Tips or send a tip and agree on the new General Tipping policy.

What is more, Twitter stated it is exploring how to enable users to filter out some words they do not want to see in the responses to their tweets. This is for stopping name-calling or abusive speech.

Speaking of the tipping, Twitter said,

“Whether you want to tip your favorite account because you adore their commentary, send some love to an emerging comedy creator for their hilarious Tweets, help a small business owner through a difficult time, give to an important cause — whatever you want to support (and we know you already have some ideas), Tips is here to help you do it.”

Plus, people can now tip with Bitcoin using Strike. It is a payments system built on the Bitcoin Lightning Network. To clarify, it lets people send and receive BTC. Strike provides instant and free payments worldwide.

Expanding more, Italian developer Alessandro Paluzzi shared a tweet on how the Tips feature works on the Lighting network.

Moving forward, Twitter plans on a feature to support authentication for non-fungible tokens (NFTs). Brief, the feature enables users to authenticate and showcase their collections of NFTs.

Further, Twitter also stated its plans to launch a creator fund for users who host Spaces audio rooms. The move comes as a way to expand more live audio events.