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The social media platform began testing its Tips feature earlier this year with a select group of users, and payments could be processed via Bandcamp, Cash App, Chipper, Patreon, Razorpay, Wealthsimple, Venmo or GoFundMe, depending on the user’s choice. With Thursday’s updates, U.S. users will also get to use Strike, a payment app built on the Bitcoin Lightning Network that lets users send and receive Bitcoin.
The addition of Bitcoin on Twitter is a major move into cryptocurrency for the social platform, though perhaps not a surprising one as Twitter CEO Jack Dorsey is a vocal proponent of crypto. Last year, Square — the payment company also led by Dorsey — purchased the equivalent of $50 million in Bitcoin and is building a business dedicated to decentralized finance using Bitcoin.
Tipping will be available first to all iOS users, with Android expected to follow in the coming weeks. Twitter has not shared a timeline for when tips will be available to users accessing the social platform on the web.
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