Twitter To Use Bitcoin And Lightning

Twitter’s Jack Dorsey and Elon Musk finally had a long-awaited talk about Bitcoin and this set the crypto space on fire.

Since then, BTC’s price has been surging and the whole crypto market looks great.

At the moment of writing this article, BTC is trading in the green and the king coin is priced at $33,680.13.

Here’s what MicroStrategy’s Michael Saylor just tweeted:

Someone commented: “The #Bitcoin Lightning Network: routing transactions at the speed of light, one million times more energy efficient than Visa, open to the billions without a bank account, and ready to scale the foundation of the world’s financial system. Twitter is a good place to start.”

Someone else said: “Sadly it won’t. I am a small public company CEO and they refuse to verify me and others like me because verification isn’t what any of this is about. It’s about political talking points and silencing and censoring anyone with conservative viewpoints.
@jack is hypocritical AF.”

Bitcoin to be a part of Twitter

Jack Dorsey confirmed to investors that Bitcoin will be a “big part” of the company’s future.

He also highlighted the fact that he sees opportunities to integrate the crypto into existing Twitter products and services, including “commerce, subscriptions and other new additions like the Twitter Tip Jar and Super Follows,” as TechCrunch notes.

Dorsey has been a BTC advocate for years, but how it would be put into action on Twitter’s platform had not yet been spelt out in detail.

He often talked about BTC, saying it reminds him of the “early days of the internet” and that there wasn’t “anything more important” in his lifetime for him to work on.

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An experienced finance writer for more than 10 years, active industry watcher, and gadget enthusiast.