Tuesday February 25, 2020
Home Lead Story Twitter Plann...

Twitter Planning Bitcoin Payments as Tips on its Platform

Dorsey has also hired Bitcoin developers for his payments company

0
//
twitter, white swan, suicide, awareness
Twitter is a social media app that encourages short tweets and brief conversations. Pixabay

Twitter is considering a feature that would allow users to tip one another – in Bitcoins though.

The Information reports that the micro-blogging platform is working on implementing a new payment feature to let people send money to each other.

It is not yet clear whether the Twitter tipping feature would integrate with Jack Dorsey’s other company, Square, which is a financial services, merchant services aggregator, and mobile payment company based in San Francisco.

Dorsey has made absolutely no secret of his love of Bitcoin over the years.

NewsBTC has reported on the Twitter CEO opining that Bitcoin will one day be the currency of the internet and his company Square integrating cryptocurrency payments.

Business, Twitter, Invest, Investment, Start-up, Kochi
A man reads tweets on his phone in front of a displayed Twitter logo. VOA

“Dorsey has been a major investor in the Bitcoin micropayments solution Lightning Network,” said the report.

Dorsey will move to Africa for three-six months this year to “define the future”.

“Sad to be leaving the continent for now. Africa will define the future (especially the bitcoin one!). Not sure where yet, but I’ll be living here for 3-6 months mid-2020. Grateful I was able to experience a small part,” said the Twitter CEO.

Also Read: Apple to Sell 80-85mn iPhones with 5G Connectivity

Dorsey has also hired Bitcoin developers for his payments company.

He is an advocate of digital currency bitcoin but he also says it is “not functional as a currency”. (IANS)

Next Story

China Uses Twitter and WeChat to Track Users Who Share Information About COVID-19

China using WeChat, Twitter to track people sharing COVID-19 info

0
China WeChat Twitter
China is making use of Twitter and WeChat to track down people who share information about the coronavirus epidemic. Pixabay

In a bid to hunt down novel coronavirus critics, China is making use of Twitter and WeChat to track down people who share information what officials consider as “negative information” about the deadly outbreak.

People who have shared information about the virus that originated in the Chinese city of Wuhan describe relatively tame social media interactions that nonetheless resulted in both direct and indirect responses from the Chinese government, the Vice reported on Monday.

The outbreak of novel coronavirus has become a subject of disagreement in China, also giving way to online protests like the one following the death of whistleblower Li Wenliang racking up angry reactions that are then swiftly taken down.

The hashtag “I want freedom of speech” spread on the Chinese social media site Weibo in the hours after Li’s death, racking up two million posts that were removed by the following day, The Verge reported quoting NPR.

China WeChat Twitter
People who have shared information on WeChat or Twitter about the virus that originated in Chinadescribe relatively tame social media interactions. Wikimedia Commons

According to reports, a man based in the country said that officials visited him at his home in the industrial city of Dongguan after he responded to a tweet that was critical of how the Chinese officials handled the spread of coronavirus.

The officials told him that his tweet was an attack on the Chinese government. His phone was confiscated, and he was forced to sign a statement saying he would not repeat the so-called threat, the Vice report added.

Meanwhile, the coronavirus outbreak has handed a blow to the tech industry. The MWC 2020 in Barcelona had to be cancelled after the outbreak spread.

Also Read- Samsung Admits to Leaking Personal Data of 150 Users Through a Notification Error

The coronavirus death toll in mainland China has increased to 2,663 with 77,658 confirmed cases, health authorities said on Tuesday.

The National Health Commission said that it received reports of 508 new cases and 71 deaths on Monday from 31 provincial-level regions on the mainland. (IANS)