Jack Dorsey, CEO of Block and one of the most prominent representatives of the crypto industry, has called for the integration of bitcoin payments into the popular Signal messenger. He expressed his support in response to a post by a developer called Calle, who called the integration «an impressive proof of concept.» According to the programmer, Signal already has a confidential communication channel that is ideal for exchanging electronic money.
The idea has found support among other leaders of the crypto community. In particular, Lightspark co-founder David Marcus said that all non-commercial applications should connect to bitcoin and use it as an Internet protocol TCP/IP — but for money. Thus, bitcoin is seen as the basis for creating a universal payment infrastructure in decentralized applications.
Founded in 2014, Signal already has experience in implementing crypto payments: since 2021, the messenger has been allowing transactions using the MobileCoin token based on the ERC-20 standard. However, some users call this initiative unsuccessful due to the limited distribution of the token and questionable efficiency in real-world use.
At the same time, critics of the idea of integrating bitcoin BTC $85,454.23 Bitcoin 1.93% Market capitalization $1.7 trillion VOL. 24 hours $1.58 billion point to the low speed of transaction processing, high volatility of the asset, and lack of full privacy. As an alternative, they offer the Monero coin, which is focused on protecting the privacy and anonymity of users.
There is a theory on the Internet that Jack Dorsey may be the real creator of bitcoin, who acted under the pseudonym Сатоші Накамото" href="https://noworries.news/biography/satoshi-nakamoto/" data-bio-id="4232">Satoshi Nakamoto. Regardless of the veracity of this assumption, Dorsey continues to actively promote the use of the first cryptocurrency in everyday digital life, although he believes that bitcoin will eventually lose its relevance.