I definitely think it would be interesting if twitter did this. I imagine that you would be able to tip people for their posts in BTC or namely DOGE- Elon's favorite crypto lol.
DOGE is dogeshit (pun intended) for accepting payments. You cannot easily make an HD wallet of DOGE addresses and query the balances of each one, because Dogecoin Core is so ancient that they haven't even merged the multi-wallet support that has been present in Bitcoin/Litecoin/DASH for at least 7(!) years. The best you can hope for using current software - unless you want to waste 2 years of your life rewriting the DOGE full node - is to assign an address to each user, which kills privacy but you can at least do that.
Knowing Elon's twitter, I wouldn't be surprised if they just partnered with some exchange to store their crypto payments in.
Nobody is maintaining dogecoin nodes and software and jokers expect us to transact with it over Bitcoin and other alts like ETH?
Hmm. I honestly don't get why this is good news.
Reddit doesn't have a money transmitter license does it, and they can still have people send Reddit coins to each other, just not USD. Why would Twitter have needed to help people send Bitcoin when they can do so to each other ANYWAY.
Tip bots already happened, nobody needed transmitter license for that.
It just needs to accept Bitcoin just like any other site that accepts Bitcoin, that's what helps adoption. I don't get why this is exciting news. Sorry but we don't have to add Bitcoin angle to everything.
Because money transmitter licenses are required only for companies that let users send
real money between themselves. It must be that Twitter is trying to be (at best) a Charles Schwab or (at worst) a Robinhood.
