Post
Topic
Board Service Discussion
Re: Twitter seems likely to integrate tipping using Bitcoin.
by
shield132
on 02/09/2021, 17:58:06 UTC
It sure seems like they're going to require KYC/AML. And while it sucks for sure, can we really blame them? It's highly like that Twitter allowing non-KYC money sending(even if it's just a front-end UI thing, not necessarily them facilitating the transactions) is just going to get themselves in trouble with the government.

In the end, while again— it sucks, this is still in no doubt positive in my book.
It's very positive news but at the same time the trouble that user has to go through doesn't worth and in this case I mean, you have to create account, get KYC verified, deposit bitcoins and then fund others. Will people really do that just for twitter? Maybe yes if Strike will partner with Google, Apple, Facebook and other companies that will share the same provider for tips.

Idk, since they are going to do that, there would be a lot of research behind this and most likely they expect that this service will work and it will benefit their business well.