Genuinely unclear why Twitter wouldn't be setting up fiat currency tipping first. If much smaller operations can set up creator funds/tipping, is there a reason Twitter seems so hesitant?
My understanding is that this is just another provider being added to their existing tip jar [0] feature. They essentially let twitter users link out to their third party cash app, paypal, venmo, etc accounts, and people can use those third party services.
This is really no different - they are linking out to Strike, a custodial lightning wallet.
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Genuinely unclear why Twitter wouldn't be setting up fiat currency tipping first. If much smaller operations can set up creator funds/tipping, is there a reason Twitter seems so hesitant?
My understanding is that this is just another provider being added to their existing tip jar [0] feature. They essentially let twitter users link out to their third party cash app, paypal, venmo, etc accounts, and people can use those third party services.
This is really no different - they are linking out to Strike, a custodial lightning wallet.
[0] https://blog.twitter.com/en_us/topics/product/2021/introduci...
A shame really, they could've supported it natively and all it would have taken is a few dev-hours.
Bitcoin is the native currency of the internet. It is the most sensible currency to use. It does not require interfacing with the banking system.