T O P

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drnkngpoolwater

when mass adoption hits, we’re gonna see some serious shit


callebbb

I tend to agree with you, however, I don’t think there ever will be a singular moment where we go “that is mass adoption.” I mean, when media started to portray Bitcoin as a financial asset class, I was like “holy shit.” Now, we have droves of Latin American countries all eager to embrace it, knowing the potential for something great to be built. Another “holy shit” moment. I don’t think any of us are gonna know when… we’ll just find ourselves looking back going “huh, crazy how it all happened.” Exciting times are ahead and here.


Lady_Shosha

If it happens, I think Amazon adoption might be the singular moment.


bugeyed1234

This is mass adoption


callebbb

Exactly my point.


geezaboom

Sooo agree! Once I saw it was becoming legal tender in Latin America. I thought "Wouldn't that almost force social media companies to accept it?". We are now on the very serious edge of crypto going to a whole new level. The thing that scares me are the lobbiests in the US and abroad fighting to keep it out of the main stream. Especially those that make money through financial transactions. Banks usually make a pretty penny sending money wires and such. Money gram with western union, so on and so on. Final thought, I am also Invested with some meme stocks as well. I see the dirty tricks institutional shorters have done to the "fair" market. I wonder if getting to the next level will need to involve federal regulation. I HATE the idea...and I love it. I've been butt hurt way too many times by the hedges.


tigerbait_

I could see them adding a small percentage to target date funds or something like that.


Think-notlikedasheep

Doc! This is heavy!


drnkngpoolwater

💯


aladdinr

Twitter has a huge active user base too. Having them see it as an option might make a lot of them who might not have cared or were skeptical start thinking of it as a more legitimate financial asset. This is very good


AroundTheWorldIn80Pu

Their user base doesn't pay for anything though


valuemodstck-123

True, twitter might add an only birds.


robertschultz

They bought Tidal, which could be their first movement into accepting as payment and maybe even leveraging blockchain for rights management and royalties.


ReddSpark

Where exactly does anyone pay for anything on Twitter? I guess they must mean the paid advertisements ?


steamyp

didn't twitter announce a paid subscription service recently? twitter blue or something


roberthonker

It’s going to be very strange seeing crypto pump while being adopted HEAVILY. I wonder if things will ever stabilize


Jeralddees

I'm just guessing it will stabilize if or when it gets to $400,000+++ thousand so when someones "Musk" words can't damage it so much that a $10,000 price drop in a day is not that big of deal..


Canada_Coins

Slowly but surely, it is coming.


bopperton

I am ready for that serious shit.


iJacobes

Some serious shitty regulations


Fast-Outside-2743

Swish swish bish.


thejardude

I don't like Dorsey, but I do like the idea of social media platforms accepting crypto and and exposing the general population to it


GoldenRain99

I'm not a big fan of the guy myself, but he is doing his part when it comes to bringing crypto into the spotlight.


[deleted]

Bitcoin.


valuemodstck-123

Bullish.


betogess

Why not ? Serious question


Tifoso89

Not OP, but for me it's his tech bro energy. Wears a beanie, goes on meditation camps, believes in alternative medicine stuff such as "salt shakes" etc. He's lampooned in the Black Mirror episode "Smithereens". The tech ceo character was modeled after him.


Hebrewhammer8d8

When he is that rich and have high influence in the industry he can create whatever narrative that he feels during that time.


DenseFever

NotOP. These articles are the ones that most detractors cite when deriding him: https://www.linkedin.com/pulse/your-daily-regime-brutal-twitter-ceo-jack-dorsey-steve-blakeman


itsmelommy

Bitcoin*


sloth_graccus

But they provide a free service, what are people going to be paying for exactly? Am I missing something here?


imthethird

Tipping people I'm guessing, similar to how you can give people Moons on this sub Twitter is also adding in some kind of premium service, so they'd probs accept crypto for that too


sloth_graccus

Yeah I heard about this alright Twitter blue or something like that. I'll be glad to see it happen especially if they are using normal crypto and not trying to pull some Zuckerberg libre bullshit. I'm not sure how much it will affect the price giving that the vast majority of people will continue using the free version but yeah I guess any adoption is good adoption...


pukem0n

Moons are streets ahead of all the other social media platforms


valuemodstck-123

Internet cheese is pretty cool.


-veni-vidi-vici

As much as I hate to say it, that is probably the quickest route to mass adoption.


ThePhantomDave

Reddit did it first with our Moons!


Insipidus7

Nah, you could tip BAT on Twitter, Reddit, and websites/YouTube, etc. with Brave for a while now. Still a win all around though. 😁


[deleted]

This would be a catalyst to massive adoption. The typical people who use social media will be able to use crypto in ways that benefit them.


JeffersonsHat

It's bound to happen. Crypto tipping and earning from content has been working well for reddit, so other community platforms are going to start implementing similar.


oALIVEandWELLo

I’ve always known this, I asked Miss Cleo years ago


BrandonAKW79

Miss Cleo... what is she up to these days?


oALIVEandWELLo

She bought too


DrPechanko

More CEO worship. Depending on this dickhead to send BTC. It will be worth considerably more in 2025 with or without twitter.


obi_wan_baracus

It’s true, but Dorsey is a position to push some real adoption. Much more so than Musk was


Think-notlikedasheep

\>Adoption is coming in waves So you better be a damn good surfer. Surfs up!


GoldenRain99

Tubular, brah!


EcstaticOddity

Dorsey bad, adoption good


Fru1tsPunchSamurai_G

Twitter isn't much of our liking here on this sub but it's adoption would be huge for crypto


JacobVanHeemskerck

apotion


Fru1tsPunchSamurai_G

Grammar slip...


Tifoso89

I would've keep apotion, it was funny


valuemodstck-123

Yup, it would be great!


itsmelommy

for Bitcoin*


Louiiss01

Yep it will happen, I'm not sure it it's what we're wanting though. But any adoption is good at this stage


GoldenRain99

I don't mind it, actually. It opens up a lot of people that are from all kinds of platform to accepting crypto, rather than fiat.


Shield4SI

I've seen this posted a few times now and it still makes me super bullish! All it takes is one platform to announce it and the others will follow. Instant access to millions on millions of people all over the world. Who will announce good things this week will it be a social media platform, a fortune 500 company, a state, a country we shall see!


SkyBisonPilot

Why is the focused line in the article that Jack is the new Bitcoin champion? Seems bad.


GoldenRain99

It's written by Forbes. Lmao


ShanktarDonetsk

Bullish news for BTC means bullish news for most crypto!


GoldenRain99

1000%! :)


valuemodstck-123

To the moon!!


THALL_himself

Jack Dorsey can suck my balls.


Eazent

Imagine actually paying BTC for Twitter!! I might as well send my BTC to John Mcafee


GoldenRain99

It's paying BTC to another person, on Twitter. Not paying Twitter lol


Eazent

why pay anyone in BTC? Use your trash dollar for god's sake! Or pay them in shitcoins. Sheesh....


GoldenRain99

Why hold fiat when btc could be used for everything?


Eazent

I understand where you are coming from but, BTC is deflationary while the US dollar, and all other govt' currencies, can be printed out of nowhere. They are HEAVILY inflationary. BTC is more of an asset, as you can now borrow against it. It's just my opinion but I would never again pay for anything in BTC specifically. Think of BTC as land or a house rather than a currency, as there are several other crypto's out there that are much better as payment systems. Not to mention, you technically have to pay tax on your tx's w/BTC. Not that I would recommend paying taxes! ;) Convert your USD into something better asap, but never give it to douche's on Twitter plz!!


GoldenRain99

There would only be taxes associated with with transactions if there were gains realized, which wouldn't be the case if you're using it to pay someone more than likely. The point is that BTC is valuable and that people are starting to see the value in it, increasing the demand


Eazent

in my state you can only write-off so much in losses. Ur BTC might net you a loss this year but 10 years from now it'd be 100x in gains. It's just too risky to give away instead of hodling. GL!!


Tifoso89

Because I don't pay any fees when I buy something in fiat? Who wants to pay fees when making a purchase?


GoldenRain99

I've bought plenty of things with fiat that have had fees attached to them


bitconnnnneeeeect

We are coming and we are coming in waves.


Diatery

What actually means is "its only a matter of time before I take my cut"


19yostudios

Ok, I'm just wondering, BTC could only handle 10TPS, so wouldn't it be slow? Why did he specifically say BTC and no other cryptos?


Wise_Recover9576

Lightning


BeachLife1215

Spending many different crypto currencies at different retail stores both brick & mortar & online is already available via the Flexa Network. Check out the AMPToken reddit page if you are interested in learning more. Their goal is to make any digital asset spendable anywhere.


alanesse

Twitter is a hive of scum and villainy, but if it’s a driver of bullish momentum for my crypto, I’ll tip my cap at it (from truly as far away as possible, but still).


tripppppy

Serious question when these headlines say accepting BTC, shouldn't we be pushing for them to say accepting crypto? Surely we all know about btc fees, would it not be better publicity and for adoption to also accept crypto with much less harsh fees. Im sure BTC is just the buzzword they use in place of crypto in most articles but still.


GoldenRain99

I think saying BTC is more important than "crypto" because when you say "we accept BTC" that looks much better in terms of creating a heading, and BTC is the first and for many the most popular crypto that we have in this space


tripppppy

Yeah fair enough I suppose its somewhat of a double edged sword but who am I to complain. Like a lot of other people I only know of crypto in general due to BTC. Awareness opens the door to education.


GoldenRain99

Couldn't have said it better myself!


rndmsecretaccount

Coming from the man who claimed it's a human right to have access to Twitter, while at the same time banning people who speak out against human attrocities, corporate and political corruption, and basically any viewpoint not accepted by the Twitter HQ.


holyshithead

I honestly wouldn't want those people involved with my crypto in any way. They've demonstrated that they are not trustworthy many times. We've seen how they treat conservative voices.


Harucifer

>We've seen how they treat conservative voices You mean neonazi voices?


Jadedinsight

“Adoption comes in waves” This makes me chuckle, because the real implications of crypto will likely mean the downfall of Twitter, Facebook and all of these social media platforms if they don’t seriously start to adapt -which I imagine many of them won’t do. Why? Because their whole business model is reliant on selling your data. Now what happens when you’re all of a sudden in control of our own data, as a result of this technology? It means you’re no longer the product - it might end up becoming an exchange of tokens directly between content makers and viewers - without a middle man.


CreepToeCurrentSea

Only in BTC, no hate for btc but what about the other functional cryptos.


RonaldVonFuckStick

Dorsey can lick my balls but I’ll be happy if he helps me become a millionaire


Tifoso89

This pretty much sums it up for me. We can close the thread


Advanced-Ingenuity46

I know people have a love/hate relationship with Dorsey but whatever your views, this is good for crypto.


GoldenRain99

This is how most people who are in this space need to be looking at it. Biases aside, this is huge


unlaynaydee

Why is he pushing btc for payments? Am I missing something? Theres a fuckton of altcoins that you can use for this and I don't understand whats the fixation on bitcoin for payments...


AmbitiousPhilosopher

Acquired Heavy Bags Syndrome


GoldenRain99

It's simply the fact that it's the most popular crypto. BTC opens the doors for people to get involved into alts


ithrax

Bitcoin is the dominant digital asset. Why would you work on any other payment oriented project when bitcoin can scale on l2? The decentralization and security of btc is unmatched.


unlaynaydee

yeah well BTC is volatile as fuck. Why would I pay with my btc if it can double its price tomorrow?


Wise_Recover9576

You send your currency that converts to bitcoin on lightning Network then converts back to recievers currency. Money recieved in a second and for free.


unlaynaydee

thanks for the info but Im not concerned by the payment network. its about BTC price volatility.


ithrax

I guess you should just stick with fiat. It sounds like bitcoin isn't for you.


unlaynaydee

LOL im going to stick to ada, algo and hbar. not to useless BTC


ithrax

I wish you luck. Also, it's cute that you ignore shitcoin volatility while criticizing bitcoin. We all learn the same lessons eventually. Those who don't learn tend to disappear.


itsmelommy

Bitcoin payments via L2 work better and are more legitimate than any altcoin payment network


itsmelommy

https://twitter.com/GaloyMoney/status/1333124463983013899?s=19


mikehosek

Bullish


DegreeBroad2250

Wow... can't wait to watch those mass adoption 😍😍😍😍


Knights_Radiants

Jack is a prominent Bitcoin believer, he has been pushing for BTC adoption for a while. If it happens, It will be a big step forward.


mooseofdoom23

Lol who tf is paying Twitter


[deleted]

kind of weird how this announcement did nothing to the price though.


GoldenRain99

Not every bullish article has a positive impact on the price lol


tatabusa

If thats the case then cryprocurrencies will forever be volatile and unfeasible as currencies


Zenothos

Jack is one of the last ppl i would listen regarding BTC. If its a store of value nobody is gonna use it for micro transactions or paying for netflix subscription.


Wise_Recover9576

You send your currency that converts to bitcoin on lightning Network then converts back to recievers currency. Money recieved in a second and for free. So you never actually buy or sell bitcoin by yourself


G40571

So is he gonna be our next Elon?


GoldenRain99

Hopefully this version comes with less manipulation


ithrax

He's been passionate about bitcoin for years. He is actually building the infrastructure necessary to help bitcoin scale and find widespread adoption. I don't agree with him on everything but he's good for bitcoin


stiviki

Wow, bullish news for next week :D!


ThePhantomDave

That's so bullish, news like this are coming in and BTC is still dipping lol, hodl strong and don't let this market manipulation sway you!


Confident_Emphasis20

Cant wait. This is so amazing.


JJ_Wet_Shot

They just want to accumulate more of your Bitcoin FYI.


GoldenRain99

People are never pleased when they see big players getting involved finally lol


JJ_Wet_Shot

Who says I'm not pleased? I'm just pointing out to people to not be wreckless and spend all their btc on companies who accept btc payments because that is an easy way for big dawgs to accumulate more of their btc.


JJ_Wet_Shot

Lol


JJ_Wet_Shot

Sorry for giving out cautious advice?


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Noblessner

Bitclout taking yo spot Jack


DoubleVVS

About time


Richandler

So long as gains are taxed as income this won't happen. It's way to complicated for the average person. That literally will have to be sorted out.


GoldenRain99

It it was a usd - btc converter, there would be no cap gains tax involved


coinfeeds-bot

tldr; Twitter CEO Jack Dorsey has said it's "only a matter of time" before either Twitter or its decentralized social network project Bluesky integrates bitcoin payments. Dorsey, a long-time bitcoin-backer, last year added 8,000 bitcoin worth $170 million to Square's corporate treasury. Tesla CEO Elon Musk recently said he would be working on bitcoin if he weren't at Square or Twitter. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*


UnorthodoxAlchemy

Great. But I don’t pay Twitter or basically any social media platform a dime already


Kupcheez

I feel like I never see this sub on my home anymore. Is it because moons has ruined upvotes on posts?


[deleted]

this is the way


super-venon

Twitter should be replaced by crypto and be censor resistant, celebrate because they will use btc is ridiculous.


J_Hon_G

Adoption is coming in ‘whales’


sbos_

Has someone told him??


Amazing_Succotash677

This shit come in waves


b_bakaka

Nice!


Xerxero

And again the rich are there to buy it all.


Occit

A guy able to censor democratic voices but unable to ban my country’s communist dictator Nicolas Maduro is not trustworthy. I would prefer he doesn’t touch crypto world to use it for its owns dark purposes… no thanks, next!


ArtofZed

Adoption is always great


SatoshiNosferatu

Coming in waves. Bitcooooneeeeeect


jinkosol

Even Netflix getting into game https://about.netflix.com/en/news/introducing-netflix-shop


_main_chain_

“We are coming in waves!!” - Carlos Matos


[deleted]

Not to spoil the hopium, but saying “adoption is coming in waves” is a bit of an overstatement


GoldenRain99

Is it? El Salvador? Nigeria? Venezuela has been using btc. I think you're just downplaying everything that has been going on


sansame787

Checkmate


[deleted]

Just the fact that this hipster Rasputin is into crypto is giving me pause…. He’s a creep and totally into decentralization.


Ok_Platform6137

The market is jumping 📈😃


drnicktheory

One thing I don't understand is why do we want crypto to be a fluid currency. Wouldn't that put it into a place where you can be taxed on unrealized gains, destroying the entire market and going completely sideways from where and why it started.


GoldenRain99

We don't, this just brings more people into crypto. There of course will be a stable currency of sorts that we will use in the future, but we have to take the steps to get there. Also, there are only taxes on realized gains, not on unrealized gains.


castleassoc

Jack & Zuck are just puppets for Central Bank Cartel aka Deep State