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Jack Dorsey Urged Messenger Signal to Implement Bitcoin Payments

The announcement could significantly change the platform`s cryptocurrency strategy, which is currently focused on altcoins. ”Signal should use bitcoin for P2P payments,” Dorsey wrote in a post on Platform X on April 9, responding to a bitcoin developer under the pseudonym Calle. The latter suggested that bitcoin would be ideal for Signal`s private communication channel. Dorsey`s call was echoed by other industry leaders. Former PayPal president David Marcus said that ”all applications should be connected to bitcoin”. These statements reflect a growing desire to promote bitcoin as a functional payment system, not just ”digital gold” or a way to save. According to Dorsey, the savings feature alone is not enough to ensure bitcoin`s long-term success. Signal and its current payment solutions Founded in 2014, Signal is an open source secure messenger with messaging, voice and video calling capabilities. The platform offers embedded payments using MobileCoin (MTCN), a privacy-oriented ERC-20 token that was renamed Sentz in November 2023. Backed by prominent industry players such as BlockTower Capital and Coinbase Ventures, the Sentz project was founded in 2017 by Josh Goldbard and Shane Glynn. The main mission of the project is to create a ”fast, private, and easy-to-use cryptocurrency.” The integration of MobileCoin into Signal in 2021 sparked a wave of criticism. Many expressed concerns about the potential ties between Signal`s founder and the MTCN team, the lack of transparency in token issuance, and the suspicious rate hike before the partnership was announced. Despite the criticism, Signal continues to support MobileCoin (now Sentz) as the only option for embedded payments, according to the messenger`s official website. The integration of bitcoin into Signal could be a significant step towards mass adoption of the first cryptocurrency and strengthening its position as a universal means of payment. BitcoinSistemi

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Cardano Creator Charles Hoskinson Says Crypto To Benefit From Tariff War, Unveils Six-Figure Bitcoin Target

The creator of the smart contract platform Cardano ( ADA ) says that crypto assets will benefit from Donald Trump’s tariff war. In a new interview on CNBC Squawk Box, crypto veteran Charles Hoskinson says that Trump’s trade war will ultimately lead to a massive six-figure price tag for Bitcoin ( BTC ). According to Hoskinson, Trump’s tariffs will deglobalize the world economically, pushing people toward digital assets as a means of globalization. “What ends up happening is crypto benefits in the long term. Geopolitically, what’s happening is we’re moving from a rules-based international order to a powers conflict. We spent our entire adult lives under a rules-based international order but our parents and grandparents, they lived under great powers conflict. It was the United States and Soviet Union going at it, so it didn’t matter what the trade deal was, it didn’t matter what the rule law was. If the Soviet Union wanted to do something or the US wanted to do something, they just do it and now we go back to great powers conflict. If Russia wants to invade Ukraine, it invades Ukraine. If China wants to invade Taiwan, it’s going to do that. Treaties don’t really work so well and global business doesn’t really work so well there, so your only option for globalization is crypto.” He goes on to note that he believes the crypto king will reach a staggering price tag of $250,000 by the end of this year or early next year, driven by the economic struggle between the US and China. “I think Bitcoin will be over 250,000 by the end of this year or next year. What’s going to drive that [is] that the tariff stuff will be a dud and then people will realize that the world is willing to negotiate and it’s really just US versus China. A lot of people will side with [the] US, some people side with China, [but] the markets will stabilize a little bit and they’ll get used to the new normal.” Bitcoin is trading for $81,275 at time of writing, a 5.5% gain during the last 24 hours. Follow us on X , Facebook and Telegram Don`t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Cardano Creator Charles Hoskinson Says Crypto To Benefit From Tariff War, Unveils Six-Figure Bitcoin Target appeared first on The Daily Hodl . BitcoinSistemi