Jack Dorsey, a cryptocurrency businessman and former CEO of Twitter, encourages signal messenger to include Bitcoin payments for peer-to-peer (P2P), a move that can move the crypto platform approach away from the Altcoins.
“The signal should use Bitcoin for P2P payments,” Dorsey wrote on X on April 9, responding to a post by Bitcoin developer Calle, who suggested that Bitcoin (Btc) will be a perfect fit for the private signal communication channel.
Source: Jack Dorsey
Dorsey’s call to action was echoed by other industry leaders, including former Paypal president David Marcus, who write that “all non-transactional apps should connect to Bitcoin.”
Endorses reflect a growing push to promote Bitcoin as a functional payment system than digital gold OA Pure store of valuewho is united – according to Dorsey – BTC’s success is not sure.
Offers the signal of payments including sentz, former mobilecoin
Established in 2014, the signal was an open resource, encrypted messaging service for instant messaging, voice calls and video calls.
Messenger is currently offering in-app payments to Mobilecoin (MTCN), a Privacy Focus ERC-20 tokenWhich one Rebranded to Sentz in November 2023.
The signal website mentioned the old Sentz name (Mobilecoin) as the only supported cryptocurrency within the messenger. Source: Signal
High-profile industry players supported such as blocktower capital and Coinbase Ventures, Sentz was founded in 2017 by Josh Goldbard and Shane Glyn to enable a “fast, private, and easy to use cryptocurrency.”
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The signal has undergone this integration with Mobilecoin In 2021, with many concerns over the potential correlations between the Signal and MTCN founder, the opacity around the release and the weakening of the acquisitions leading to the announcement of the cooperation.
Cointelegraph reached the signal about potential plans to include Bitcoin but did not receive a response as a publication.
Social Media Apps are historically pushed to altcoins
Signal is far from being united in pushing altcoin payments rather than offering payments of its users to bitcoin, which Designed for P2P payments as a case of its primary useAccording to its anonymous creator, Satoshi Nakamoto.
Although former Paypal President Marcus is now advancing for Bitcoin use of all non-transactional apps, he leads Meta’s (former Facebook) project forming his own company Payment of cryptocurrency, first known as LibraWhich one eventually failed.
Source: Dog -design
Telegram, another community messenger, also has Aggressively pushed the ecosystem to use toncoin (Ton), a crypto asset linked to Telegram founders, though not technically managed by Telegram.
Elon Musk’s “all app” is also there suspected planning to launch one’s own coin For a long time, but the muscle in public declined that in August 2023.
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