Jack Dorsey reaffirms Twitter's global strategic layout during financial conference, expressing optimism towards Bitcoin tipping.

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Jack Dorsey reaffirms Twitter

Twitter CEO Jack Dorsey stated during the company's third-quarter earnings call on the 26th that the Bitcoin tipping system adopted by Twitter will accelerate the company's global strategic deployment, and tipping subscriptions are a brand-new model.

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Twitter CEO Jack Dorsey stated during the company's third-quarter earnings call on the 26th that the adoption of Bitcoin tipping system on Twitter will accelerate the company's global strategic deployment, and tipping subscription is a brand-new model:

"We start small, find the correct product that people want to stick with. We will continue to promote the product to more and more people and scale it up."

In September, Twitter became the first social platform to adopt Bitcoin tipping, allowing users to send Bitcoin to their favorite content creators and enabling users to send BTC through the Bitcoin Lightning Network to ensure as close to instant settlement times as possible.

Jack Dorsey envisions that Twitter will eventually integrate Bitcoin tipping with its business plans, such as collaborating with advertisers on the platform. According to the financial report, the number of profitable users on Twitter increased by 13% to $2.11 billion.

In early October, Square, the financial services platform founded by Jack Dorsey, announced the establishment of a Bitcoin mining ecosystem project. Jack Dorsey stated that Square's goal is to further decentralize Bitcoin to enhance the technology's distributed resilience.

This article is authorized to be reprinted from Horizon News Network.