In a short tweet on X, Rumble.com CEO Chris Pavlovski, teased the idea of adding a tipping feature that will allow users to reward their favorite creators using Bitcoin ($BTC) and Tether ($USDT) on the video-sharing platform.
“Imagine you can easily tip your favorite creators with $BTC or $USDT directly on Rumble,” he said.
The feature is already popular on video platforms like X, for example, added in 2021 for users to give tips with Bitcoin using the Lightning Network through services like Strike.
Similarly, Twitch, a popular live-streaming platform, has experimented with crypto tipping in 2018. The platform allowed streamers to accept tips in Bitcoin and Ethereum using third-party services like BitPay and CoinPayments.
The idea isn’t bad since it’s eliminating the necessity for any of the usual means of payment, like credit cards or PayPal, which charges fees. It also allows creators to have more control over their income. Since crypto transactions are quick, creators will have less time to wait before getting paid.
At the same time, this news comes just days after Rumble said its board of directors agreed on a plan to add Bitcoin to its financial records. The company plans to set aside up to $20 million of its extra cash for Bitcoin.
In a statement on November 25, Pavlovski highlighted how important Bitcoin is for protecting against inflation and said it has benefits compared to government currencies. “Unlike any government-issued currency, Bitcoin is not subject to dilution through endless money-printing,” he said.
Other big companies like MicroStrategy have also made this move. In fact, earlier today the company bought an extra 5,262 BTC for $561 million, which averages out to $106,662 for each Bitcoin.
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