It was leaked yesterday that Twitter would add bitcoin tips to its Tip Jar system so that users can tip others using the crypto. The unconfirmed leak has now been confirmed by Kayvon Beykpour, Twitter’s product manager.
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Beykpour replied to the developer, Alessandro Paluzzi’s leaked image with the lightning emoji and “soon,” suggesting that the Bitcoin lightning tap system is actually on its way.
— Kayvon Beykpour (@kayvz) September 1, 2021
This is also likely confirmation that Twitter will be using Jack Maller’s Strike app to facilitate lightning payments, which is a big win for the budding Bitcoin application. Such integration will also help make the Lightning Network more mainstream in Bitcoin transactions.
With this addition to Twitter, users can add their strike wallets to their profiles so that their friends and followers can send tips. It is still unclear whether this will have expanded its use for things like selling branded goods or other products on the platform.
Strike’s addition to Twitter’s Tip Jar system is representative of Jack Dorsey’s continued commitment to Bitcoin. Last year, Dorsey’s Square added Bitcoin to its balance sheet, started creating a Bitcoin hardware wallet, and now has a team working on a decentralized Bitcoin exchange.
This story evolves.