Twitter’s BTC tipping feature to stay

Twitter CEO Jack Dorsey has forecast a positive future for the platform’s new Bitcoin (BTC) tipping feature, outlining how it fits with the social media’s global infrastructure.

Speaking during the platform’s latest earnings call, Dorsey took a question about how the BTC tipping feature, which the company introduced in September.

Bitcoin tipping, Dorsey, said was a “small product” that the company figured out as it went along, allowing it to evaluate the consumer response.

However, Twitter is constantly reviewing every feature introduced, including the tipping option, and the product is still evolving.

Dorsey seems positive that the feature can have broader implications and BTC tipping could be integrated with advertisers on the platform, for example.

According to the company, the number of monetizable users has grown significantly, by 13% year-over-year and now constitutes 211 million people around the globe.

Meanwhile, another company founded by Dorsey, Square, has revealed plans to create an open-source BTC mining ecosystem.

While Dorsey didn’t provide much factual insight into where Twitter is headed with the tipping feature, it seems like the company and its founder continue to explore blockchain technology, and to embrace BTC.

If you are not in the mood to tip with BTC but appreciate it as a currency, you can make the best of the experience by visiting Bitcasino, 1xBit or FortuneJack.

Source

Updated: 10/28/2021 — 13:00