Twitter just announced it will allow users to tip creators with Bitcoin, and will launch a fund to pay some users who host audio chat rooms on Spaces.
Believe it or not, this is a HUGE step forward for Bitcoin and crypto currencies.
Because it’s a way to use Bitcoin without trading it – it’s Bitcoin actually functioning as a currency.
The #1 obstacle to the growth of crypto currencies is the shortage of ways to spend it. (It’s the same story with Dogecoin)
So if a big company like Twitter is accepting Bitcoin as payments to creators, that’s a huge step forward.
Because it might inspire other companies to move forward and find new and interesting ways to accept Bitcoin as payment.
Of course, Bitcoin and other cryptos need a real watershed moment. Like an Amazon (AMZN) or a Wal-Mart (WMT) accepting cryptos as payment.
Still, let’s thank Twitter for taking this step forward!