Twitter announced on September 23, that it has commenced support for users by enabling a tipping feature. The essence of this feature is to make it possible for users of the micro blogging platform to appreciate other users through tips
According to a blog post by Esther Crawford, the Sales Products Manager of the company, the roll-out is platform wide and users need to enable the tipping feature via their Twitter account platform. This would enable followers to donate to such users to appreciate their contributions on the platform.
According to Ms Crawford,
“People already drop links to their payment profiles in their bios and in their Tweets. Tips makes this easier to do, offering one fixed spot, right on your profile,”
She highlighted that the feature supports payment platforms such as Cash App, Patreon, Venmo and other platforms. She also added that Twitter Tips also supports the use of Strike, the Bitcoin Lightning Network payment gateway that operates on the BTC second layer.
Speaking on the LN support for Twitter Tip, Ms Crawford said that the adoption of the Lightning Network would encourage mass participation in the digital economy for users of Twitter.
The Twitter LN integration makes it even more convenient for users of the platform to send and receive BTC conveniently, even though many in the crypto community have been using Bitcoin second layer to make transactions. What we have to understand is that Twitter seems to be demanding KYC before the receiver of funds could access sent funds.
There are indications that many coin enthusiasts are excited with this feature mainly because the tipping is in BTC which is held in higher esteem than other coins that have popularized cryptocurrency tipping such as DOGE, STEEM and Brave.
Even as many users of cryptocurrencies expressed excitement about the issue, the concern is that only those with large number of followers will enjoy the tipping feature. Nevertheless, some speculate that Twitter may morph into a remittance company. How all these pan out will become obvious in a matter of time.
