September 27, 2021
Twitter is reportedly laying the groundwork to enable Bitcoin (BTC) tipping for content creators.
According to MacRumors, the latest Twitter iOS beta includes lines of code that could see Bitcoin become a part of the “Tip Jar.” Indeed, as previously reported by Cointelegraph, Twitter CEO Jack Dorsey had previously hinted that Bitcoin tipping was in the works.
Twitter introduced Tip Jar back in May as a way for users to reward content creators on the popular social media platform.
If the reports of Bitcoin tipping are true, then BTC will be added alongside Cash App, PayPal and Venmo as acceptable payment options on the Tip Jar.
As part of the rollout, Twitter may provide a brief tutorial about Bitcoin and the Lightning Network. According to a portion of the text quoted by MacRumors, the Bitcoin tipping feature will utilize Lightning Network payment gateway Strike to “generate Bitcoin Lightning invoices.”
The tutorial may also include information about concepts such as custodial and non-custodial wallets for storing Bitcoin.