Jack Dorsey Advocates for Bitcoin in Signal’s P2P Payment System
0
0

Highlights:
- Jack Dorsey urges Signal to adopt Bitcoin for peer-to-peer payments.
- Dorsey and other leaders see Bitcoin as ideal for secure transactions.
- Signal currently uses MobileCoin, but Bitcoin may offer better privacy.
Twitter ex-CEO and Bitcoin advocate Jack Dorsey recently encouraged Signal Messenger to incorporate Bitcoin P2P payment systems into its platform. On April 9, Dorsey wrote on X, where he suggested that the app should integrate Bitcoin into its payment method in response to the suggestion by open-source developer Calle. Calle had explained how Bitcoin would complement Signal’s secure and private communication platform well.
true. signal should use bitcoin for p2p payments https://t.co/kGLykl0i6r
— jack (@jack) April 9, 2025
Dorsey’s embrace comes as the subject of Bitcoin in the digital space continues to elicit varied opinions on the role of Bitcoin in the financial world. At the same time, several Bitcoin enthusiasts, including ex-PayPal head David Marcus, have urged that Bitcoin should be used in other applications in addition to payment. Marcus claimed that “all non-transactional apps should connect to Bitcoin.” This shows a trend to move toward the consideration of BTC as an actual instrumental good, used for payments beyond the label of ‘digital gold’
Signal’s Current Payment System
Signal was established in 2014 and quickly became famous for its end-to-end encrypted messaging system and safe communication. Currently, the app uses Sentz, formerly known as MobileCoin (MTCN), for the integration of in-app payments.
MobileCoin is an ERC20 token that is designed to prioritize anonymity and fast transactions. Large venture investors such as BlockTower Capital and Coinbase Ventures have backed Sentz. However, its inclusion in Signal raised eyebrows when it was first implemented in 2021.
The idea of MobileCoin also caused many critics to doubt its transparency and its affiliations with Signal’s team. Speculation over the token price, particularly regarding its integration into the application, fueled these concerns.
However, Signal has continued using MobileCoin as the sole means of payment. Nevertheless, some people believe that Bitcoin is more suitable for a platform like Signal since it is decentralized and transparent.
Growing Support for Bitcoin as a Payment Solution
Dorsey’s call to bring incorporation between Bitcoin and Signal is part of a broader trend among Bitcoin advocates. These supporters assert that, given that Bitcoin is a peer-to-peer payment system, it complements messaging services such as Signal. Signal has the opportunity to offer a better solution than MobileCoin by adopting Bitcoin. Furthermore, the broad awareness people have of the existence of Bitcoin itself may be appealing to users looking for secure and peer-to-peer methods of payment.
The use of Bitcoin extends beyond Signal. Telegram, for instance, has shifted towards deploying altcoins in the payment of its services. Telegram has promoted Toncoin, a token associated with the platform.
This fundamental vision for the future is what has led to the fights for the integration of Bitcoin in everyday applications. As regulatory measures continue to pressure altcoins, Bitcoin appears more stable due to its established presence and security, making it a reliable payment system.
Best Crypto Exchange
- Over 90 top cryptos to trade
- Regulated by top-tier entities
- User-friendly trading app
- 30+ million users
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong.
0
0
Securely connect the portfolio you’re using to start.