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Jack Dorsey is making waves again. This time, he’s nudging Signal to ditch altcoins and embrace Bitcoin for peer-to-peer (P2P) payments.
On April 9, the former Twitter CEO tweeted a simple message:
“Signal should use Bitcoin for P2P payments.”
He was responding to Bitcoin developer Calle, who pointed out how well Bitcoin fits Signal’s privacy-first mission. And Dorsey’s not the only one pushing. Former PayPal president David Marcus chimed in, saying all non-transactional apps should support Bitcoin. That’s a bold club.
Bitcoin vs. Altcoins: Round Two
Dorsey’s message is part of a growing movement. Bitcoin lovers want to make BTC more than just “digital gold.” They see it as a real-world payment tool — and they want apps to treat it that way.
Right now, Signal doesn’t use Bitcoin. It uses Sentz, the coin formerly known as MobileCoin. It’s an ERC-20 token built for fast, private payments. But it’s not Bitcoin.
Sentz: Rebrand of a Controversy
Sentz got a flashy launch, backed by Coinbase Ventures and BlockTower Capital. But things got rocky fast. When Signal integrated MobileCoin in 2021, critics raised red flags. There were questions about transparency, insider connections, and weird market spikes before the launch.
Despite all that, Signal still supports only Sentz as an in-app payment option.
What’s the Hold-Up?
As of now, Signal hasn’t said a word about Dorsey’s suggestion. Cointelegraph reached out, but — crickets.
A History of App-Coin Love Affairs
Signal’s not alone in the altcoin party. Telegram is deep in the Toncoin world. Meta tried (and failed) with Libra. And Elon Musk’s X? People thought it’d launch a coin, but Musk shut that down.
Meanwhile, Bitcoin’s original creator, Satoshi Nakamoto, made it clear: Bitcoin was built for P2P payments. And that’s exactly what Dorsey wants to see — starting with Signal.