10.04.2025 16:47
Former Twitter CEO Jack Dorsey wants the Signal messaging app to integrate Bitcoin for peer-to-peer payments. Dorsey's call is part of an effort to position Bitcoin as a functional system that can be used for everyday payments. Signal is currently integrated with Sentz (formerly known as MobileCoin).
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One of the leading figures in the cryptocurrency world, Jack Dorsey, argues that the secure messaging application Signal should integrate Bitcoin for peer-to-peer payments. The former Twitter CEO shared this view on social media, creating a significant response. This move is seen as an important step that could redirect Signal's crypto strategy from alternative digital currencies to Bitcoin.
Crypto Strategy in the Signal App May Change
Jack Dorsey wants the Signal messaging application to enable Bitcoin integration for peer-to-peer (P2P) payments. The former Twitter CEO aims to shift the popular secure messaging app's cryptocurrency strategy away from alternative digital currencies and towards Bitcoin.
Dorsey stated on April 9 via the social media platform X, "Signal should use Bitcoin for P2P payments." This post came in response to a message from Bitcoin developer Calle, who noted that Bitcoin would align perfectly with Signal's private communication approach.
David Marcus, a prominent figure in the cryptocurrency sector and former president of PayPal, also supported similar views, stating that "all non-transactional applications should connect to Bitcoin." Dorsey's call is part of an effort to position Bitcoin not just as a store of value but as a functional system that can be used for everyday payments.
Founded in 2014, Signal is known as an open-source and end-to-end encrypted messaging platform for instant messaging, voice, and video calls. The app currently offers payment transactions with a privacy-focused ERC-20 token previously known as MobileCoin (MTCN), which was renamed Sentz in November 2023.
Sentz was established in 2017 by Josh Goldbard and Shane Glyn with the aim of developing a "fast, private, and easy-to-use cryptocurrency." The company, supported by leading investors in the sector such as BlockTower Capital and Coinbase Ventures, had made a significant integration agreement with Signal.
Signal faced serious criticism in 2021 due to the MobileCoin integration. Users and industry experts expressed concerns about possible connections between Signal's founders and MTCN, uncertainties in the cryptocurrency's issuance process, and the timing of the partnership announcement. Nevertheless, the app continues to support MobileCoin as the sole payment option.
The anonymous creator of Bitcoin, Satoshi Nakamoto, designed the cryptocurrency primarily for peer-to-peer payments. However, social media applications like Signal have generally preferred alternative cryptocurrencies. For instance, David Marcus, who currently advocates for Bitcoin usage, previously managed a private cryptocurrency project initially known as Libra, which was later unsuccessful, under Meta (formerly Facebook).
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