Earlier this year, Twitter introduced a Tip Jar feature that permits users to offer creators tips directly on their profiles. The feature is one among the multiple new ways Twitter enables its users to monetize their tweets. It is a handy feature for artists, musicians, and anyone who creates content and builds a web audience.
A new leak fuels rumours that Twitter is adding Bitcoin support to Tip Jar, giving users their first option for tipping creators using cryptocurrency instead of cash. The addition of Bitcoin support wouldn’t be in the least surprising — Twitter CEO Jack Dorsey may be a well-known fan of the crypto asset, together with his Twitter profile showing only a Bitcoin hashtag.
We first heard about signs of an upcoming Bitcoin tipping feature during a report from MacRumors last month. The report cited the Twitter for iOS beta app and coded it contained hinting at the upcoming addition of crypto-tipping support. Assuming it’s added, the new feature will join the prevailing PayPal, Patreon, Venmo, Cash App, and Bandcamp options already supported.
#Twitter is working on the ability to receive tips in #Bitcoin 👀 pic.twitter.com/uycD3qsR5F
— Alessandro Paluzzi (@alex193a) September 1, 2021
The latest tip comes from reverse engineer and mobile developer Alessandro Paluzzi, who recently shared a screenshot of the alleged Bitcoin support for Tip Jar. The screenshot mirrors the features reported from the beta app, including that the Bitcoin tipping feature utilizes the Bitcoin Lightning network for faster payments and reduced fees.
The screenshot also reveals that users who want to accept Bitcoin tips will need a Strike account. The two leaks within days of every other indicate that Twitter will officially launch this feature any time now, but there’s still no official announcement on when the support will arrive.