Jack Dorsey Urges Signal to Add Bitcoin Payments

Jack Dorsey is calling on Signal to drop its current altcoin integration and adopt Bitcoin for private peer-to-peer payments.
Jack Dorsey Urges Signal to Add Bitcoin Payments
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Key Takeaways

  • Jack Dorsey is urging Signal to adopt Bitcoin for P2P payments.
  • Signal currently supports Sentz (formerly MobileCoin), an ERC-20 privacy token.
  • Other messaging platforms like Telegram and Meta have also prioritized altcoin integrations.

Jack Dorsey is pushing for Signal Messenger to integrate Bitcoin as its default payment option, challenging the platform’s current support for an altcoin-based system.

“Signal should use Bitcoin for P2P payments,” Dorsey posted on X on April 9, replying to a suggestion from Bitcoin developer Calle, who noted the compatibility of Bitcoin with Signal’s privacy-focused communication.

Support from industry leaders

The call received support from key figures in the digital payments space.

Former PayPal president David Marcus added that…

… all non-transactional apps should connect to Bitcoin.

This reinforces the idea that Bitcoin should serve a core role in app-based payments beyond its reputation as a store of value.

Current payment system on Signal

Signal, known for its secure messaging platform, launched in 2014 and added in-app payments through MobileCoin in 2021.

The token, rebranded as Sentz in 2023, is an ERC-20 coin focused on privacy. Sentz is backed by Coinbase Ventures and BlockTower Capital.

The integration has faced criticism since launch, particularly over the transparency of MobileCoin’s tokenomics and the nature of its relationship with Signal’s leadership.

The altcoin trend across messaging apps

Telegram has pushed Toncoin (TON) within its ecosystem, and Meta’s now-defunct Libra project once aimed to build its own payment token.

Elon Musk’s app X has been rumored to develop its own coin, though Musk denied this in August 2023.

Awaiting Signal’s response

As of publication, Signal has not responded to questions regarding potential Bitcoin integration.

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