Twitter Founder Endorse Bitcoin Tippin.Me

The new app Tippin, an extension on Google Chrome and Firefox browsers integrates Bitcoin tipping on Twitter. Once set-up, it adds a tip button in the shape of a lightning bolt on every single Tweet allowing users to send tips using Bitcoin.

Currently, Bitcoin’s on chain transactions are far too slow and expensive when the network experiences high volumes of transactional activities. However, these micro-payment transactions are processed instantly even of a few cents with almost zero transaction fees over the Lightning Network.

Tippin.me gained spotlight when the endorsement of Tippin came from none other than Twitter CEO Jack Dorsey himself. Immediately after the Tweet, Jack Dorsey was tipped 12,362 satoshis, approx. $0.49 worth of BTC.

Sergio Abril, the founder of the project, mentioned that he was overwhelmed when Jack signed up to the platform. The development is still in beta and in the future, the option will be supported on other social media platforms.

Tweet from Twitter CEO Jack Dorsey

Sending Bitcoin via Lightning Network instantly with almost zero transaction fees opens up a limitless future for Bitcoin adoption.

• Today social media is widely used by all age groups for connecting with people, opinion expression, sharing video etc. At some point, you want to leverage on your huge network and trust you have built with your connections or followers. With Tippin.me, social enthusiastic have a new way to earn money.

• Most bloggers rely on Ads to earn money which is not much (0.5$ for 1000 visitors) and many readers feel that ads are annoying and devalue a website. Now with Tippin.Me, bloggers could use the web button generated from Tippin and paste it in their blog or website to create a new way to earn money.
  

• The increasing fame of Bitcoin as “Internet of Money” will draw the curiosity among web e-commerce sites to add Bitcoin as a payment option and more will follow after Lightning Network implementation.