Jack Dorsey pushes Signal to adopt Bitcoin payments

Key Points

  • Jack Dorsey, former Twitter CEO, advocates for Signal to integrate Bitcoin for P2P payments.
  • Signal currently supports MobileCoin (now Sentz) as its only in-app payment option.
  • Industry leaders like David Marcus endorse Bitcoin for non-transactional apps.
  • Signal faced criticism for its MobileCoin integration in 2021 due to concerns over transparency and potential conflicts of interest.

Summary

Jack Dorsey, known for his roles in Twitter and as a cryptocurrency advocate, has publicly suggested that Signal Messenger should adopt Bitcoin for peer-to-peer payments. This suggestion comes in light of Signal's current support for MobileCoin (rebranded to Sentz), which has been the only cryptocurrency payment option available within the app since its integration in 2021. Despite facing backlash for this integration due to concerns about transparency and potential conflicts of interest, Signal has continued to support Sentz. Dorsey's call for Bitcoin integration is part of a broader movement among industry leaders to promote Bitcoin not just as a store of value but as a functional payment system. This push is echoed by figures like David Marcus, who has shifted his stance from supporting alternative cryptocurrencies to advocating for Bitcoin in non-transactional apps. Signal has not yet responded to inquiries about potential plans to integrate Bitcoin, leaving the future of its payment system uncertain.

cointelegraph
April 10, 2025
Crypto
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