Twitter is said to be considering a feature that will allow users to tip each other from their tweets.
The Information reported the news on Monday, citing “two people familiar with [Twitter’s] decisions.” A Twitter spokesperson, however, told The Information that the company is currently not developing a tipping feature.
Some news outlets are misreporting that Twitter is considering a bitcoin tipping feature; The Information report does not mention so. It remains to be seen whether Twitter develops such a feature and if so, whether it will integrate bitcoin into it.
Twitter CEO Jack Dorsey is a well-known bitcoin supporter. Dorsey once said: “The Internet deserves a native currency...I hope it will be bitcoin. I’m a huge fan.”
Dorsey’s other companies, Square and Square Crypto, have also been betting big on bitcoin. Square’s Cash App facilitated $148 million in bitcoin sales in Q3 of 2019 alone. Square Crypto, on the other hand, has been working to make bitcoin “a daily-use currency with widespread adoption.”
Square was recently also hiring a product manager to add new possible features to its Cash App, including "auto-investing" and peer-to-peer "BTC gifting."