New Twitter Integration Will Drive The Bitcoin Price Above $300,000

New Twitter Integration Will Drive The Bitcoin Price Above $300,000
фото показано с : bitcoinmagazine.com

2021-9-27 04:00

By integrating direct bitcoin payments, Twitter is paving the way for the bitcoin price to surpass $300,000.

Jack Dorsey’s social media platform Twitter has officially enabled third-party bitcoin tipping services for iOS users, giving them the ability to seamlessly pay one another across the globe, nearly instantly.

As demonstrated by Lightning Network platform Strike in a recent video, Twitter is now one of the world’s most effective platforms for the transmission of value.

“Starting today, Twitter will allow all iOS users around the globe to send tips over the Lightning Network,” Strike CEO Jack Mallers wrote in a blog post. “Twitter’s integration with the Strike API turns Twitter into one of the best remittance experiences in the world, one of the greatest global creator marketplaces in the world, one of the greatest global payment experiences in the world, one of the best global micropayment marketplaces in the world, and allows an internet communications company to interoperate with the monetary standard for the world, enabling global payments for their users.”

In a press call, Twitter also announced that the feature would be coming to Android users soon.

As Mallers indicated, it is difficult to overstate the potential of Lightning Network integration with a widespread internet communications tool. As demonstrated by Bitcoin’s ongoing supplantment of Western Union and Moneygram in El Salvador — which has already seen the permissionless monetary network cut into those third party’s revenue streams by an estimated $400 million per year — the appetite for more efficient global, digital payments systems is huge.

As users begin exchanging value with minimal fees, nearly instantaneously, across borders, without censorship through the Lightning Network on Twitter, how long will it be until more people realize that Bitcoin is the best monetary network for the internet? How long will it be until other digital platforms integrate this money directly into their tools, as Twitter has begun to? How long will it be until Bitcoin replaces the outdated systems that currently dominate remittances, influencer marketing and, eventually, digital payments as a whole?

From a certain perspective, it all seems inevitable.

If Bitcoin’s market capitalization consisted solely of the $700 billion global remittance industry, the $13.8 billion influencer marketing industry and the $5.44 trillion global digital payments market (a combined estimated value of $6.1538 trillion) through applications like Twitter’s tipping service, each bitcoin in existence (18,824,860 at the time of this writing) would be worth approximately $326,897.

As Twitter users are now finding out, Bitcoin is a better tool than the dollar for all of these industries and others. It’s hard to say exactly what the bitcoin price will be as its technology consumes virtually every form of value transaction that we know today, but the number will certainly go up.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 98386.26 (+0.32%)
Объем 24H $105.739b
Изменеия 24h: 4.02 %, 7d: 11.57 %
Cегодня L: $97827.07 - H: $98728.53
Капитализация $1946.246b Rank 1
Цена в час новости $ 43874.37 (124.25%)

bitcoin price twitter way paving surpass payments

bitcoin price → Результатов: 126


Фото:

Post-halving 2024 market is pushing Bitcoin’s price, not just Trump, says Onramp Bitcoin co-founder

The last Bitcoin halving took place in April when the block reward dropped from 6.25 Bitcoin to 3.125 Bitcoin Jesse Myers said Bitcoin’s price needs to go higher for a “supply-demand price” balance to happen When that occurs, the market will “flywheel into mania and a bubble,” which happened in the 2012, 2016, and 2020 […] The post Post-halving 2024 market is pushing Bitcoin’s price, not just Trump, says Onramp Bitcoin co-founder appeared first on CoinJournal.

2024-11-13 17:39


Here’s What To Expect From The Bitcoin Price In November After Breaking Above $70,000

The Bitcoin price is back above $70,000 for the first time in four months, with the ‘Uptober’ rally eventually happening as the month ends. This looks to be the start of significant price rallies for the flagship crypto as the market heads into November, which is also historically bullish. What To Expect From The Bitcoin […]

2024-10-30 19:30


Фото:

Bitcoin’s bullish momentum seeking ‘euphoric’ market shift – Glassnode

Bitcoin (BTC) is showing the first signs of positive price momentum since June, as it attempts to convincingly break the $69,000 price zone and shift to a “euphoric bull market.” According to Glassnode’s latest “Week Onchain Newsletter,” the recent rally has seen Bitcoin’s spot price break through key technical and on-chain price levels, pushing many […] The post Bitcoin’s bullish momentum seeking ‘euphoric’ market shift – Glassnode appeared first on CryptoSlate.

2024-10-24 00:38


Bitcoin Cup And Handle Cascade: Analyst Says BTC Price Could Reach $230,000 If It Follows This Structural Path

A crypto analyst has projected a significant break to the upside for Bitcoin, drawing parallels to similar breakouts in traditional assets in the tune of the Gold and the S&P500. According to a technical analysis of the current price action, Bitcoin is playing out a cup and handle pattern, which could send it surging to bullish price targets above $230,000.

2024-10-22 22:30


Bitcoin Price To $95,000? Here’s What Needs To Happen First

The Bitcoin price has now broken above the $68,000 mark amid a run of a 12% price increase in the past seven days. However, analysis says the Bitcoin price will not stop this surge anytime soon. According to a detailed analysis posted on TradingView, a well-known crypto analyst has shared insights suggesting that Bitcoin is on track to climb even higher to reach an ambitious target of $95,000, but USDT.

2024-10-18 13:00


Bitcoin Poised For Minimum 60% Rally As 3 Critical Signs Align

Henrik Zeberg, a macroeconomist known for his expertise in business cycles, has pinpointed an upcoming rally of at least 60% for the Bitcoin price in his latest technical analysis. The seasoned analyst has identified a pattern across three critical technical indicators that have historically signaled major upward price movements when all aligned.

2024-10-18 11:30