Twitter began letting high-profile users get advice on bitcoin on Thursday as the network ramps up its traffic to creators of content essential to drawing crowds online. Platforms like TikTok, Instagram and YouTube have built their popularity with young people in large part thanks to these social media stars.
Attracting and retaining creators and their audiences has therefore become crucial for tech companies struggling to attract audiences and advertising profits. “We want Twitter to be the best place for creators to converse with their fans and monetize their audiences, all in the way that works best for them,” product manager Esther Crawford told reporters. app suitable for Apple mobile devices, with bitcoin as a currency option.
About 2 billion people don’t use traditional banking services, so digital currency could make money from Twitter crowds, according to Crawford. “Cryptocurrency, like Twitter, works without global barriers,” he said. Twitter CEO Jack Dorsey has endorsed the digital currency, and his financial payments startup Square is working on a real-world wallet to securely pocket bitcoin. Dorsey explained in tweets that bitcoin is a currency for the masses.
Twitter was also working on a system to offer verification of NFTs, non-fungible tokens, which are at the heart of a digital collection boom. some have raised millions of dollars at major auction houses. Twitter also said it was increasing the tools to allow users to keep transactions on the civilian platform or avoid getting involved in unexpected and controversial online conversations.
“We all know you can strike up a conversation and things will heat up or derail at times you wouldn’t expect,” said Christine Su, Product Manager for Conversation Security. conversation potentially ignited on the platform.
