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Twitter enables tipping with Bitcoin, plans to let users authenticate NFTs

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Re: Twitter enables tipping with Bitcoin, plans to let users authenticate NFTs

#2
Anyone else not really suprised. It's like they were actively in search of sharks to jump over for years. The question we should be asking is, what's next or why? I think this is for Only Fans uber-for-porn competition.

If only a massive corporation could think beyond their wallet which may people put next to their second favourite organs!

Re: Twitter enables tipping with Bitcoin, plans to let users authenticate NFTs

#3
microtransactions via the Lightning network is wonderful part of the bitcoin vision. But I don't think this sentence at the bottom of the "Strike" app page is holding up to the promise: "Custody of your funds and bitcoin trading are offered through Prime Trust, LLC." [1]

[1] https://apps.apple.com/us/app/strike-send-and-spend-bitcoin/...

Re: Twitter enables tipping with Bitcoin, plans to let users authenticate NFTs

#4
Absolutely incredible news.

Micropayments are one of the paths out of advertiser hell and were one of the original dreams of many crypto nerds and advocates.

I still think that twitter is pure mind cancer, but I have to give it to Jack on this. Great move, and something I hope gets repeated to the rest of the web.

For those who aren’t very familiar with the crypto space: this uses a bitcoin side chain called lightning; transactions are effectively free and instant, but still denominated in BTC.

Re: Twitter enables tipping with Bitcoin, plans to let users authenticate NFTs

#5
post #2

Anyone else not really suprised. It's like they were actively in search of sharks to jump over for years. The question we should be asking is, what's next or why? I think this is for Only Fans uber-for-porn competition. If only a massive corporation could think beyond their wallet which may people put next to their second favourite organs!

HN will never understand crypto / blockchain. Bitcoin and NFTs are amazing tools with huge potential for monetization of all sorts of digital goods. It has never been a better time to be a digital artist and earn a living.

The lack of imagination and "get off my lawn" around here is absurd.

Re: Twitter enables tipping with Bitcoin, plans to let users authenticate NFTs

#6
post #4

Absolutely incredible news. Micropayments are one of the paths out of advertiser hell and were one of the original dreams of many crypto nerds and advocates. I still think that twitter is pure mind cancer, but I have to give it to Jack on this. Great move, and something I hope gets repeated to the rest of the web. For those who aren’t very familiar with the crypto space: this uses a bitcoin side chain called lightnin…

[deleted]

Re: Twitter enables tipping with Bitcoin, plans to let users authenticate NFTs

#7
Sounds like initial plans are to not take a fee for Bitcoin payments. Which is awesome but a bit surprising.

I wonder whether they'll be able to keep this fee-less over the longer term. If/when they start facilitating billions of dollars moving per year, I'd imagine intense pressure from shareholders to take a cut.

Re: Twitter enables tipping with Bitcoin, plans to let users authenticate NFTs

#8
post #5
post #2

Anyone else not really suprised. It's like they were actively in search of sharks to jump over for years. The question we should be asking is, what's next or why? I think this is for Only Fans uber-for-porn competition. If only a massive corporation could think beyond their wallet which may people put next to their second favourite organs!

HN will never understand crypto / blockchain. Bitcoin and NFTs are amazing tools with huge potential for monetization of all sorts of digital goods. It has never been a better time to be a digital artist and earn a living. The lack of imagination and "get off my lawn" around here is absurd.

The Diablo 3 real-money auction house was better implemented than most NFT schemes. At least that involved an actual transfer of virtual goods.

Re: Twitter enables tipping with Bitcoin, plans to let users authenticate NFTs

#9
post #5
post #2

Anyone else not really suprised. It's like they were actively in search of sharks to jump over for years. The question we should be asking is, what's next or why? I think this is for Only Fans uber-for-porn competition. If only a massive corporation could think beyond their wallet which may people put next to their second favourite organs!

HN will never understand crypto / blockchain. Bitcoin and NFTs are amazing tools with huge potential for monetization of all sorts of digital goods. It has never been a better time to be a digital artist and earn a living. The lack of imagination and "get off my lawn" around here is absurd.

It's a spectrum of course. Some people thoroughly understand it and still think it's rather boring or dumb. Some people thoroughly understand it and, like yourself, think it's a revolutionary game changer. And most people don't understand it and either (a) think it's dumb and downvote it, or (b) think it's awesome and are fanatical about it.

(edit: spelling)

Re: Twitter enables tipping with Bitcoin, plans to let users authenticate NFTs

#10
post #7

Sounds like initial plans are to not take a fee for Bitcoin payments. Which is awesome but a bit surprising. I wonder whether they'll be able to keep this fee-less over the longer term. If/when they start facilitating billions of dollars moving per year, I'd imagine intense pressure from shareholders to take a cut.

How would they take a cut?
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