Poll Results – Should Elon Musk’s Twitter Feature Bitcoin Lightning Payments?

The results of a recent poll were shared by the prominent BTC-themed Twitter account “Bitcoin Archive” (@BTC Archive). It is about the potential launch of Bitcoin Lightning Network payments on Twitter.

Poll Results – Should Elon Musk’s Twitter Feature Bitcoin Lightning Payments?

The Bitcoin community voted in the poll to decide whether Twitter CEO Elon Musk should accept Bitcoin Lightning Network payments on his newly acquired social media platform.

The majority of those polled voted “yes.” A total of 36,488 people voted, according to the screenshot.

The Bitcoin Lightning Network is an off-chain protocol that allows the flagship cryptocurrency to be used for micropayments. This allows for significant fee reductions while also avoiding transaction delays.

The poll asks Elon Musk to pay attention and to please incorporate BTC micropayments.

‼️ 88% want #Bitcoin Lightning payments integrated with twitter.

Vox Populi, Vox Dei!

cc: @ElonMusk pic.twitter.com/m554OwQLyJ— Bitcoin Archive (@BTC_Archive) February 26, 2023

Elon is expected to bet on DOGE, according to the Dogecoin army.


Overall, Musk is likely to have a different take on this. In the summer of last year, before he started buying Twitter stock, he mentioned several times in interviews and on podcasts that using Dogecoin for micropayments on Twitter would be a good idea. He believes DOGE is better suited to payments. Musk proposed that Twitter begin accepting DOGE as payment for Twitter Blue subscriptions when he was invited to join the Twitter board.

The Dogecoin community is now waiting for Musk to add DOGE as a payment option on Twitter.

Twitter to issue its own cryptocurrency?

However, neither BTC nor DOGE are likely to be adopted by the social media behemoth. According to U.Today, Twitter has been working on launching a “Coins” feature to reward content creators.

So far, it is unclear how it will work, but it appears likely that users will purchase an internal Twitter coin with fiat money and then use it to tip creators.

Transactions are expected to take place through Stripe, an Internet platform that allows for global payment processing. The inclusion of this feature appears likely, given that Twitter canceled work on developing and launching its own cryptocurrency wallet before Elon Musk purchased the platform and fired its top management.

For more articles visit: Cryptotechnews24

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