It’s no secret that Twitter chief executive Jack Dorsey is a big fan of Bitcoin. On Sunday, Dorsey lit up the crypto community after revealing that the symbol of the leading cryptocurrency now appears whenever a user tweets “#Bitcoin” or “#BTC.”
Dorsey tagged Unicode, a non-profit consortium that unifies character sets, in his tweet. It appears to be Dorsey’s way of encouraging the consortium to add a Bitcoin emoji to their library.
The development quickly caught fire and spread throughout Twitter.
Many crypto personalities tweeted the hashtag to show their approval of the new emoji, including Binance CEO Changpeng Zhao and Tron founder Justin Sun. A horde of crypto supporters joined in the fun and encouraged others to do the same to get “#Bitcoin” trending.
Send it to 100k tweets! 🚀
Comment #Bitcoin and retweet! https://t.co/Ia3uKGtUmh pic.twitter.com/vLKzU1YPvz
— Binance (@binance) February 2, 2020
The addition of the new emoji could be Jack Dorsey’s approach to slowly introducing crypto to the 330 million monthly active users of the social media site.
Last month, The Information reported that the social media giant is exploring a product change that will allow users to send tips to their favorite personalities.
The report triggered speculation that this could be Dorsey’s strategy for integrating BTC with Twitter. However, the report’s sources, who are “familiar” with the tech company’s decisions, did not clarify whether the tipping feature will include cryptocurrencies.
Dorsey is also looking to boost Bitcoin through his Square subsidiary, Square Crypto. The company is building a development kit designed to make it easier for engineers to build on Lightning, which is a software solution that runs on top of the Bitcoin network to increase transaction speed and lower costs.
