Twitter customers can now ship Bitcoin (BTC) with a single tweet, after digital funds app Bottlepay launched its built-in Bitcoin social media func
Twitter customers can now ship Bitcoin (BTC) with a single tweet, after digital funds app Bottlepay launched its built-in Bitcoin social media function.
Transactions between Twitter customers can now apparently happen utilizing the straightforward tweet template “@bottlepay ship 1,000 sats to @twitteruser.” The command could be executed from instantly inside the Twitter app, and the Bitcoin is transferred from one consumer to a different robotically.
Bottlepay describes itself as a worldwide funds disruptor, and raised $15 million in a seed funding spherical in direction of the tip of February. The Bottlepay app will also be used with different social media platforms, equivalent to Reddit and Discord. The beta model of the app reportedly attracted 20,000 customers with out advertising and processed $2.four million value of transactions in simply over a month since launching on Feb. 10.
Given the extent to which Bitcoin transaction charges exploded from 2020 into 2021, the coin’s suitability to be used in a each day, social funds app might moderately be introduced into query. Bottlepay circumvents Bitcoin’s excessive transaction charges through the use of the Lightning Community, a second-layer answer that avoids community congestion by taking BTC transactions off-chain.
“Bottlepay’s social Bitcoin funds are a much-needed replace on the clunky, outdated fee techniques obtainable up till now, and a leap in direction of smoother, simpler transactions,” mentioned Bottlepay CEO Mark Webster.