Bitcoin Tipping Has Rolled Out on Twitter

Jack Mallers, the chief executive officer of the Bitcoin wallet company, Strike says that Bitcoin will impact the payments industry now that it is combined with one of the biggest internet networks.

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Episode Transcript

(00:00):
Bitcoin tipping has rolled out on Twitter. Next on your four minute Bitcoin Today
show us from a post by theDaily Hotel staff and brought to you by
the bit block Boom Bitcoin conference.Hey, please show you support for the
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(00:22):
friends. Jack Mallers, the chiefexecutive office of the bitcoin wallet company Strike,
says that bitcoin will impact the paymentsindustry now that it is combined with
one of the biggest internet networks.In a CNBC interview, the Strike CEO
said that his company's reset partnership withTwitter to bring bitcoin tipping to the social

(00:45):
media giant will make paying people aseasy as messaging over the internet. Mahlers
stated that they're using bitcoin to makesending money to someone as easy as tweeting
at someone anywhere in the world.Anytime any plays any currency, it just
doesn't matter. You will have absolutepayment disruption that's being a long timecoming.

(01:10):
Bitcoin is the first currency in humanhistory that can be transferred instantaneously anywhere in
the world. Can the dollars thatare sitting in your pocket land in another
country in less than a second atno cost to you, well, of
course, not to do that moneyhas to be natively digital, and well,
that's the innovation of bitcoin. Modelersalso said that bitcoin as a commodity

(01:36):
should be viewed differently than bitcoin asa network, and that Twitter's new tipping
feature doesn't necessarily need to use bitcoinas an asset, saying that there's a
difference between Bitcoin the asset, whichis a commodity like precious metals, golds
over whatever, and Bitcoin the network, which is a monetary network like the

(01:59):
Visa network, and it achieves monetaryfunctions on a global network. You finally
have instant global cash. Now.The new Bitcoin tipping feature has been rolling
out slowly, and if you're interestedin enabling tipping on your Twitter account,
just go to edit profile. Youshouldn't see a button to enable tipping.

(02:22):
If you don't see the enabled tippingbutton, just check back later and it
will probably be there. Like Isaid, it's rolling out slowly. Now.
I set up my Twitter tips accountwith Strike because I like what they're
doing in the bitcoin world, andbecause they don't charge any fees. Now,
if you're interested in setting up yourown Strike account to get that going

(02:42):
with Twitter, please use my referrallink at invite dot strike dot me slash
Gary. Go ahead and set upyour strike account now, and if you
want to test it out, youcan send me a tip. My Twitter
handle is Gary Leland. Of course, now you turned on tipping on your
Twitter account yet? If so,please let me know in the comments and

(03:06):
also let me know your thoughts abouttipping in the comments. In this episode,
well, it's brought to you bybit block Boom. That bit block
Boom is the great bitcoin conference thatI host every year in Texas. This
is the fifth year for the conferenceand I'm moving it from Dallas to Austin,
Texas, and that seems to bea big hit. So take a

(03:28):
look today at bitblockboom dot com.I'm Gary Leela, the bitcoin boomer,
and thanks for joining me on anotherfour minute bitcoin show. This is a
bit block boom dot com production.