Jack Dorsey, a cryptocurrency entrepreneur and former Twitter CEO, is encouraging Signal Messenger to integrate Bitcoin for peer-to-peer (P2P) payments, a move that could shift the platform’s crypto strategy away from altcoins.
“Signal should use Bitcoin for P2P payments,” Dorsey wrote on X on April 9, replying to a post by Bitcoin developer Calle, who suggested that Bitcoin (
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Dorsey’s call to action was echoed by other industry leaders, including former PayPal president David Marcus, who
The endorsements reflect a growing push to promote Bitcoin as a functional payment system rather than just digital gold or a
Founded in 2014, Signal is an open-source, encrypted messaging service for instant messaging, voice calls and video calls.
The messenger currently offers in-app payments in MobileCoin (MTCN), a privacy-focused
Signal’s website mentions the old name of Sentz (MobileCoin) as the only supported cryptocurrency within the messenger. Source:
Backed by high-profile industry players like BlockTower Capital and Coinbase Ventures, Sentz was founded in 2017 by Josh Goldbard and Shane Glyn to enable a “fast, private, and easy-to-use cryptocurrency.”
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Cointelegraph reached out to Signal regarding potential plans to integrate Bitcoin but had not received a response as of publication.
Signal is far from being alone in pushing altcoin payments instead of offering its users payments in Bitcoin, which is
Although former PayPal president Marcus is now advocating for Bitcoin usage by all non-transactional apps, he previously led Meta’s (formerly Facebook) project developing the firm’s own
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Telegram, another messenger popular in the community, has also been
Elon Musk’s “everything app” X has also been
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