SOB: A Brief History of Bitcoin Tipping (and Where Twitter Fits in It)

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CoinDesk

Tech News, Business News, Daily News, News

4.7 • 698 Ratings

🗓️ 9 October 2021

⏱️ 38 minutes

🔗️ Recording | iTunes | RSS

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Summary

This time on Speaking of Bitcoin, join hosts Stephanie Murphy, Jonathan Mohan and Adam B. Levine for a look at bitcoin tipping through the ages. From the dogecoin-like fun and fervor of the early days to the game-changing bridges that first brought it to twitter, the hosts dig into Youtube, Changetip, TechCrunch and more. Speaking of Bitcoin on the CoinDesk Podcast Network is brought to you by CrystalBlockchain.com. But what happened to tipping? What was once the raison d'être of the early cryptocurrency experience faded away, as what was thought of as money turned out to be gold: Too precious to just toss around... Or was it? In this episode we dig into the thought, experience and philosophy behind bitcoin tipping, how it changed and finally whether it's on the uptrend yet again. Links from this episode: Youtube is Broken - Rethinking Content Monetization with Bitcoin (2013) Kickstarter Coins - TechCrunch (2014) - Crystal Blockchain is building a better, safer cryptocurrency space with end-to-end solutions for all your analysis, investigative, and compliance needs. The team of world-class experts creating a more transparent crypto economy via blockchain analysis. Learn how to get started at crystalblockchain.com. - Have any questions or comments? Send us an email at adam@speakingofbitcoin.show Today's show featured Adam B. Levine, Stephanie Murphy and Jonathan Mohan. This episode was edited by Jonas, with music by Jared Rubens and Left Handed Traffic. Our episode art from a photo by Keszthelyi Timi/Unsplash, modified by Speaking of Bitcoin. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

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0:00.0	This episode of Speaking of Bitcoin on the Coin Desk podcast network is brought to you by crystal
0:04.8	blockchain.com.
0:07.0	It's kind of also a bad match for Twitter to want to do it, but they've done it anyways.
0:11.0	And that says to me again that they're trying to signal something, whether to us or to, you know,
0:16.0	the mainstream government or just the normal people or I don't know who they're signaling to.
0:20.4	But it does feel like there's a motive that goes beyond just, hey, why don't we turn on Bitcoin
0:25.1	tipping?
0:28.3	The early days of Bitcoin startups was full of what we used to call bridging services.
0:33.1	Basically, these companies were shortcuts that made Bitcoin useful in places where larger companies,
0:37.6	like Amazon or Twitter, that you would want to spend something like Bitcoin, really
0:41.0	had no interest in making them useful.
0:43.0	It was just too early.
0:44.3	These services weren't perfect, but they were very popular and they spurred a lot of early
0:48.3	use, helping power the initial waves of adoption that we've seen grow with time.
0:52.7	Last week, Twitter announced that it was officially integrating Bitcoin Lightning payments for some users,
0:57.0	and Bitcoin addresses within your Twitter profile for everyone, although I was not actually able to find that in my profile.
1:04.0	This episode is part history about kind of the early days of tipping and the transactional ecosystem,
1:09.0	which I would really characterize as probably
1:11.2	the 2012 through 2015 period, and part discussion of the implications of Twitter's move.
1:16.3	So with all that said, my name is Adam B. Levine, and this is speaking of Bitcoin. As always,
1:20.3	I'm joined by the other host of the show, Stephanie Murphy. Hi. And Jonathan Mohan.
1:24.8	Hey, hey. Andreas is out this week.
	...

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