Jack Dorsey: Twitter Accounts Should Be Linked To A Bitcoin Lightning Wallet
Twitter CEO Jack Dorsey toyed with the idea on Twitter that every Twitter should have the ability to link to a Bitcoin Lightning Wallet. For the time being it’s just an idea, there has not been any confirmation that they are working to make this happen.
Agreed.
Every account on Twitter being able to link to a Lightning wallet however…
Doorsay’s comment was a tongue-in-cheek response to the suggestion that the social media giant should incorporate NFT wallet functionality.
Anyone following the space is aware that, despite using the Ethereum ecosystem for NFT sales recently, Dorsey is a long-term believer in Bitcoin only.
NFT and Twitter
Brandon Jacoby, the Head of Product Design at Party Round and former Designer at Cash App, called on Twitter for inclusion of NFT wallet functionality for every Twitter account.
Jacoby’s original tweet suggested that Twitter should have a wallet address to store NFTs; adding the NFT could serve as the user’s avatar. However, the main selling point, according to Jacoby, would be in promoting the NFT space.
“Every account on Twitter should have a wallet address for storing NFTs.
Users could select any NFT in their wallet to use as their avatar.
Would serve as one of the biggest verified layers for showcase/distribution.”
This comment was picked up by @seyitaylor, who responded by saying such functionality would benefit the Ethereum Network more than it would Twitter. In other words, there’s no incentive for Twitter to get onboard. More so in terms of how such functionality would be at the expense of Bitcoin adoption.
“this is one thing that feels like would benefit the eth ecosystem way more than it benefits twitter.”
Dorsey and Bitcoin
Dorsey then chimed in regards the original tweet with a ‘little’ spin-off: Dorsey agreed to Jacoby’s call, but only in respect to linking a Bitcoin Lightning Wallet.
In March, Dorsey sold an NFT of his first tweet for $2.9 million. The tweet read “just setting up my twttr,” and was first posted on March 21, 2006.
According to the Twitter boss, the sale proceeds would be converted into Bitcoin and donated to GiveDirectly, a charity that supports people living in poverty.
Following on from this, the end of June saw Twitter release 140 free NFTs, which were mostly moving images of the company’s logo.
Some speculated that it was only a matter of time before Dorsey personally invests in Ethereum, whose respond to speculation was short and sweet “No.”
