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 (BTC) would be a perfect fit for Signal’s private communication channel.
Source: SignalBacked 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.”Related: Kraken taps Mastercard to launch crypto debit cards in Europe, UKSignal came under fire over its MobileCoin integration in 2021, with many raising concerns over potential ties between Signal’s founder and MTCN, opacity around its issuance and suspicious gains leading up to the partnership’s announcement.
Source: Jack DorseyDorsey’s call to action was echoed by other industry leaders, including former PayPal president David Marcus, who wrote that “all non-transactional apps should connect to Bitcoin.”The endorsements reflect a growing push to promote Bitcoin as a functional payment system rather than just digital gold or a pure store of value, which alone — according to Dorsey — won’t ensure the success of BTC.
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